Tariff hikes are working wonders for Airtel Profit surges 505%

https://preview.redd.it/4lp9yk6xdihe1.png?width=2940&format=png&auto=webp&s=750df4d2f5bc5d502f6523561f0dd4dc2c3ffb9d Bharti Airtel on February 6 reported 505% jump in net profit at Rs 14,781 crore for the quarter ended December 31, 2024, thus beating estimates. It reported net profit of Rs 2,442 crore in the year-ago period. The firm's revenue rose 19% to Rs 45,129 crore in Q3FY25 as against Rs 37,900 in Q3FY24. A *Moneycontrol* poll of seven brokerage firms had estimated Bharti Airtel's consolidated net profit to double year-on-year to Rs 5,039 crore, with revenue expected to rise nearly 16 percent to Rs 43,874 crore. A poll of six brokerages had projected the company's EBITDA margin at 54 percent.