{"id":45451,"date":"2018-10-26T11:26:21","date_gmt":"2018-10-26T11:26:21","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=45451"},"modified":"2018-10-26T11:26:21","modified_gmt":"2018-10-26T11:26:21","slug":"bharti-airtel-q2-profit-falls-65-to-rs-119-crore","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/bharti-airtel-q2-profit-falls-65-to-rs-119-crore\/","title":{"rendered":"Bharti Airtel Q2 profit falls 65% to Rs 119 crore"},"content":{"rendered":"<p>Telecom operator Bharti Airtel on Thursday reported a 65.4 per cent drop in consolidated net profit at Rs 119 crore for the second quarter ended September 2018.<\/p>\n<p>Its net profit stood at Rs 343 crore in the same period of the previous year, according to a company statement.<\/p>\n<p>Total revenue came in at Rs 20,422 crore for the September quarter, which was 6.2 per cent lower than Rs 21,777 crore notched in the year-ago period.<\/p>\n<p>Its India revenues fell 3.6 per cent year-on-year while the Africa revenues rose 10.8 per cent.<\/p>\n<p>\u201cIndia revenues for Q2\u201919 at Rs 14,920 crore have declined by 3.6 per cent year on year on an underlying basis. Mobile revenues have witnessed a year on year de-growth of 7.2 per cent on an underlying basis led by continued average revenue per user down-trading impacted by competitive pricing pressures,\u201d the statement said.<\/p>\n<p>Gopal Vittal, MD and CEO, Bharti Airtel, said the average revenue per user decline has \u201cmoderated\u201d this quarter driven by focus on quality customers through simplified pricing and content partnerships.<\/p>\n<p>\u201cWe remain focused on driving quality base growth with value adding propositions for our customers. We also remain committed to investing in enhanced capacities and have deployed 27000+ broadband sites during the quarter, enabling a 239 per cent YoY growth in mobile data volumes,\u201d Vittal added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telecom operator Bharti Airtel on Thursday reported a 65.4 per cent drop in consolidated net profit at Rs 119 crore for the second [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45452,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[410],"tags":[],"class_list":["post-45451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/45451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=45451"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/45451\/revisions"}],"predecessor-version":[{"id":45453,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/45451\/revisions\/45453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/45452"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=45451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=45451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=45451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}