Bharti Airtel profit falls 55% YoY, Nykaa revenue rises 27%
Bharti Airtel's Q3 profit fell 55% YoY to ₹6,630 cr, while Nykaa's revenue increased 27%. Airtel's ARPU improved to ₹259, with significant growth in mobile data consumption. These results highlight diverging trends in the telecom and e-commerce sectors.
pre-market1 source ↓written by the desknot a recommendation
- in profit
- 55% decline
- in profit
- ₹6,630 cr
- in ARPU
- ₹259
- postpaid customers
- 0.62 million
- YoY
- 29.2%
In Q3, Bharti Airtel reported a 55% decline in profit to ₹6,630 cr, despite an increase in ARPU to ₹259. The company added 0.62 million postpaid customers and saw mobile data consumption rise 29.2% YoY.
Conversely, Nykaa experienced a 27% revenue increase, indicating strong performance in the e-commerce sector. These results reflect contrasting trends in telecom and retail sectors, impacting investor sentiment.
Not investment advice. For informational purposes only.