Bharti Airtel Q2 net profit falls 65% YoY to Rs 1.19 billion

Consolidated total revenues stood at Rs 204.22 billion, up 0.5 per cent Y-o-Y on an underlying basis.

Telecom operator Bharti Airtel on Thursday reported a 65.4 per cent drop in consolidated net profit at Rs 1.19 billion for the second quarter ended September 2018.

Its net profit stood at Rs 3.43 billion in the same period of the previous year, according to a company statement.

Total revenue came in at Rs 204.22 billion for the September quarter, which was 6.2 per cent lower than Rs 217.77 billion notched in the year-ago period.

Its India revenues fell 3.6 per cent year-on-year while the Africa revenues rose 10.8 per cent.

"India revenues for Q2'19 at Rs 149.20 billion have declined by 3.6 per