Airtel revenue up 42 percent

October 31st, 2008 - 11:52 am ICT by IANS  

New Delhi, Oct 31 (IANS) Telecom major Bharti Airtel’s Ltd Friday said that its total revenue grew by 42 percent for the quarter ended Sep 30, 2008.The company announced its audited US GAAP results for the second quarter and half-year ended September 2008.

The consolidated total revenue for the July-September quarter grew by 42 percent to Rs.90.2 billion (Rs.9,020 crore) and earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs.36.99 billion (3,699 crore) grew by 37 percent on a year on year basis, a company statement said.

Airtel had 79.9 million subscribers as on Sep 30, 2008, an increase in the total subscriber base of 57 percent from the same date last year, it added.

Tags: , , , , , , , , ,

Posted in Sci-Tech |