Bharti Airtel posts outstanding fourth quarter growth

April 25th, 2008 - 1:06 pm ICT by admin  

New Delhi, April 25 (IANS) Bharti Airtel, India’s largest mobile phone service operator, has posted robust growth with consolidated net profit rising to Rs.18.98 billion in the quarter ending March 2008 from Rs.13.18 billion last year same period. The firm, which has 62 million subscribers as of March 31, 2008, has registered total income of Rs.79.29 billion in the fourth quarter of 2007-08 from Rs.53.98 billion in the same quarter of 2006-07.

The company, which has a market of 32.22 percent, has plans to invest $3.4 billion in the current fiscal in building its infrastructure and networks.

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