Airtel Q2 Net Profit Rises 31% but Misses Estimates
Bharti Airtel reported a 31% rise in second-quarter net profit to ₹8,888 crore. The figure still fell short of analyst expectations. Airtel is one of India's largest telecom companies, so its quarterly numbers are closely watched for signs of how mobile users are spending.
Context
Context: Many Indian companies report July to September results in this period. Airtel competes with Reliance Jio and Vodafone Idea, and its average revenue per user, or ARPU, is a key measure of how much customers pay.