Higher tariffs boost Airtel profit by 37%

In an impressive first quarter, Bharti Airtel recorded a remarkable profit surge of 37.3%, driven by increased mobile tariffs and a robust influx of new customers. The company’s revenue also soared by 18.4%, showcasing strong growth across its India and Africa segments. Notably, Airtel’s average revenue per user jumped to Rs 264, indicating a favorable response to market developments.