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India's Bharti Airtel posts profit rise on subscriber upgrades

India's Bharti Airtel posts profit rise on subscriber upgrades

- India’s second-largest telecom operator Bharti Airtel BRTI.NS posted a 37.3% rise in first quarter profit on Tuesday, driven by subscriber additions and users upgrading to costlier plans.

The company's consolidated net profit rose to 81.67 billion rupees ($856.28 million) for the quarter ended June 30, from 59.48 billion rupees a year ago.


($1 = 95.3775 Indian rupees)


(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

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