Bharti Airtel reports 89% rise in Q4 consolidated net profit

Bharti Airtel has reported results for fourth quarter and year ended March 31, 2014 The company has posted a rise of 89.95% in its net profit at Rs 2059.90 crore for the quarter ended March 31, 2014 as compared to Rs 1084.40 crore for the same quarter in the previous year. Total income of the company increased by 12.47% at Rs 13092.70 crore for quarter under review as compared to Rs 11640.10 crore for the quarter ended March 31, 2013. On consolidated basis, the company has reported 89.06% rise in its net profit at Rs 961.60 crore for the quarter ended March 31, 2014 as compared to Rs 508.60 crore for the same quarter in the previous year. Total income of the company went up by 13.61% at Rs 22260.50 crore for quarter under review as compared to Rs 19592.40 crore for the quarter ended March 31, 2013. For the year ended March 31, 2014, the company has posted a jump of 29.50% in its net profit at Rs 6600.20 crore as compared to Rs 5096.30 crore for the same period in the previous year. Total income of company improved by 8.45% at Rs 50771.90 crore for year under review as compared to Rs 46814 crore for the period ended March 31, 2013. For the year ended March 31, 2014, on the consolidated basis, the company has posted a rise of 21.83% in its net profit at Rs 2772.70 crore as compared to Rs 2275.70 crore for the same period in the previous year. Total income of company has increased by 11.58% at Rs 85863.50 crore for year under review as compared to Rs 76947 crore for the period ended March 31, 2013.