Bharti Airtel FQ1 Profit Falls 9.6%
July 31, 2013 at 04:33 AM EDT
Bharti Airtel reported a 9.6% drop in its fiscal first-quarter net profit. Bharti Airtel's quarterly net profit declined to 6.89 billion rupees ($113 million), versus 7.62 billion rupees, in the year-ago period. Its consolidated sales increased 9.1% to 202.64 billion rupees. However, analysts were expecting a net profit of 6.73 billion rupees