Wednesday, January 30, 2008

Airtel Q3 net jumps 42%

Telecom service provider Bharti Airtel posted a 42 per cent increase in its net profit at Rs 1,722 crore for the third quarter ended December 31, 2007, against Rs 1,215 crore in the corresponding period last year.
The company added 63.9 lakh new users during Q3 and the total number of subscribers at the end of third quarter were 5.7 crore.
Bharti Airtel market share of all India wireless subscribers stood at 23.6 per cent at the end of third quarter. Shares of the company were trading at Rs 856.25.

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