Bharti Airtel Q4 Result 2017 News: The net profit of the major telecom company Bharti Airtel dropped 72% to Rs 373.4 crore in the fourth quarter ending March 2017. The company’s main reasons for the decline in net profit for the new company is believed to be the “tariff plan or broad caused a stir in the market of Reliance Jio.
Bharti Airtel had earned a net profit of Rs 1,319 crore in the corresponding quarter a year ago. The company says that it went down the total income of 12% to 21,934.6 million during the quarter stood at Rs 24,959.6 crore in the same quarter last year. The company released its quarterly figures after the market was closed.
Said managing director and CEO Gopal Vittal, Bharti Airtel, a new company by constant market Bigadhu tariffs came bearing down constant turnover growth in the second quarter. Telecommunications Industry total income throughout the year based on the first place . ” is a new company hinted at incoming voice calls from the Vittal said “significant investment for only incoming traffic on our network Rana had. ‘Entire financial year 2016-17, the company’s net profit to 37.5 per cent compared to Rs 3799.7 crore turnover by 1.1 per cent to Rs 95,468.4 crore.
It is notable that Mukesh Ambani’s Reliance Jio started operations in September last year with free data and voice call facility. The company increased the offer till March 2017 in December.