Bharti Airtel reported a rise of 18.6 per cent in its average revenue per user (ARPU) to Rs 123 in the quarter ended March 31 (from the same period a year before) as it removed low-paying users from its network.
Net profit rose 29 per cent to Rs 107 crore in the quarter. The market had anticipated a loss in the range of Rs 700 crore. The firm said the jump was mainly due to gain from exceptional items.
The high point in the telecom company’s results was its domestic wireless number. The business grew 4.1 per cent from the earlier quarter,

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