Bharti Airtel posts ₹5,237 cr net loss in Q4FY20

  1. home
  2. > companies
  3. > Bharti Airtel posts ₹5,237 cr net loss in Q4FY20
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Bharti Airtel posts ₹5,237 cr net loss in Q4FY20

May 19, 2020 12:23 IST

Bharti Airtel posted a loss of ₹5,237 crore in the fourth quarter of FY20, as the company had to take a one-time charge of ₹7,004 crore on account of a Supreme Court judgement. The telecom operator reported a profit of ₹107 crore in the year earlier. Although, its mobile revenue grew 22% to ₹12,953 crore as the company benefitted from the recent tariff actions. The telco’s quarterly average revenue per user at its India mobile services business rose 25% from a year earlier to ₹154.

Companies