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Bharti Airtel posts Rs 86 cr surprise profit for Q3 on one-time gain

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Telecom operator Bharti Airtel Thursday reported a 72 per cent drop in consolidated net income for the three months ended December 2018 at about Rs 86 crore amid market turbulence triggered by cut-throat competition. The net income stood at Rs 306 crore in the same period of the previous year. Total revenue for the December 2018 quarter stood at Rs 20,519 crore, just 1 per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.

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