Mumbai, May 13 (IANS) Bharti Airtel on Wednesday reported a 33.5 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter of FY26 at Rs 7,325 crore, compared to Rs 11,021.8 crore in the corresponding quarter last financial year.Despite the annual decline, the telecom major posted a sequential growth of 10.48 per cent in profit from Rs 6,630 crore recorded in the previous quarter, according to its stock exchange filing.The company’s revenue from operations rose 15.6…
Latest Gopal Vittal News & Updates
New Delhi, April 2 (IANS) Bharti Airtel on Thursday announced that it has reached a major milestone of 650 million customers globally, making it the second-largest telecom operator in the world by subscriber base.The telecom company, led by Sunil Bharti Mittal, has built a strong presence across India and Africa. In India alone, Airtel has over 368 million mobile users, , according to data from GSMA Intelligence.This includes 13 million homes connected through fixed broadband and 15 million cust…
New Delhi, March 25 (IANS) Major telecom firm Bharti Airtel on Wednesday said that its founder and Chairman Sunil Bharti Mittal will step down as Chairman of Airtel Africa at the conclusion of the company’s annual general meeting (AGM) in July 2026.The telecom company also announced that Gopal Vittal will be appointed as Non-Executive Chairman of Airtel Africa with effect from the same date.Mittal has served as Chairman of Airtel Africa since its listing in 2019, and the Board acknowledged his…
New Delhi, March 1 (IANS) Bharti Airtel and Google on Sunday announced a collaboration to offer a safer and more engaging messaging experience for millions of users in India. The partnership combines Airtel’s network intelligence with Google’s Rich Communications Services (RCS) platform and built-in spam protection to reduce mobile spam and digital fraud.Under the collaboration, users will be able to access RCS messaging with features such as high-quality photo and video sharing, interactive…
Mumbai, Feb 23 (IANS) Bharti Airtel on Monday announced plans to invest Rs 20,000 crore over the next few years to expand its digital lending business through its Non-Banking Financial Company (NBFC) subsidiary, Airtel Money Limited.The telecom major said the fresh capital infusion will help strengthen its presence in India’s fast-growing financial services sector and narrow the country’s credit gap.Of the total Rs 20,000 crore investment, Airtel will contribute 70 per cent, while the remain…
Mumbai, Feb 5 (IANS) Leading telecom company Bharti Airtel on Thursday reported 55 per cent drop in net profit at Rs 6,630.5 crore (after exceptional items) for the third quarter of fiscal year 2026 on year-on-year basis, compared to Rs 14,781.2 crore in the same period last fiscal.The decline in profit is attributed to a high base effect from the previous year. In the December quarter of FY24, Airtel had recorded an exceptional gain of Rs 7,545.6 crore.Additionally, the company’s profit was imp…