Bharti Airtel Ltd.'s profit for the fourth quarter of fiscal 2024 rose, but it missed analysts' estimates.
The country's second largest telecom company's net profit increased 2.3% sequentially to Rs 2,068 crore in the January-March quarter, according to an exchange filing on Tuesday.
That compares with a Bloomberg consensus estimate of Rs 3,274 crore.
The company reported an exceptional charge of Rs 2,455.5 crore, largely on account of devaluation of the Nigerian currency Naira.
Bharti Airtel Ltd.'s profit for the fourth quarter of fiscal 2024 rose, but it missed analysts' estimates.
The country's second largest telecom company's net profit increased 2.3% sequentially to Rs 2,068 crore in the January-March quarter, according to an exchange filing on Tuesday. That compares with a Bloomberg consensus estimate of Rs 3,274 crore.
The company reported an exceptional charge of Rs 2,455.5 crore, largely on account of devaluation of the Nigerian currency Naira.
