Bharti Airtel Q1 net income plunges 73 pct to Rs 97 crore
The Sunil Bharti Mittal-led firm's consolidated income declined by 8.6 per cent to Rs 20,080 crore for the first quarter of this fiscal from Rs 21,958 crore in corresponding period of 2017-18. India revenues during April-June 2018 period declined by 7 per cent on year-on-year basis to Rs 14,930 crore, the company said.
Telecom major Bharti Airtel today reported a 73.5 per cent drop in net income at Rs 97 crore for the three months to June due to intense competition in the mobile services market. Image source: Reuters