--- title: "Airtel Reports Decline in Q3 Net Profit by 2.8 Percent" description: "the news will be covering the loss of Airtel revenue in Q3 profit year on year in the comparable mode." author: "Sanjay Goenka" published: 2022-02-09 canonical: https://www.mindstick.com/news/1378/airtel-reports-decline-in-q3-net-profit-by-2-8-percent category: "technology" tags: ["technology", "internet", "network", "technology news"] reading_time: 2 minutes --- # Airtel Reports Decline in Q3 Net Profit by 2.8 Percent > **Airtel, Indian Telecom Network Company has reported its profit by 2.8 percent.** Airtel’s net profit in the previous year in **Q3 was around Rs 854** crore and now it is about 853 crore which is witnessing the 2.8 percent loss. It has been [calculated](https://answers.mindstick.com/qa/31699/what-is-sensex-and-how-it-is-calculated) that the total revenue of the Company is about 29,867 crore. ### Highlighted Points - Mobile revenue of the company has shown a great increase of about 19.1 percent. - The revenue of Airtel Company stood at 20,913 crores. - Airtel Company has shown a growth of 17.9 percent year on year. ## Read More: Facebook-Parent Meta's Board of Directors will Lose Former Trump Advisor Peter Thiel Bharti Airtel has released a report under which it has told its declination in Year on Year profit. The third-quarter profit in the previous year was around 854 crore which is now in the year 2021 has been decreased and come to **830 crores** and this is showing the percent of **declination is 2.8.** After the board of meeting, Bharti Airtel has declared a report which is clearly showing the decline in the profit and the consolidated revenue for the third quarter this [financial year](https://answers.mindstick.com/qa/115304/what-major-changes-were-made-in-the-union-budget-of-india-for-the-financial-year-2025-26) stood at **Rs 29, 867,** and posting an increase of **18.3 percent** year on year on a [comparable](https://www.mindstick.com/interview/2521/what-is-the-difference-between-comparable-and-comparator) basis and **12.6 percent** on a reported basis. The company’s mobile revenue also showed a growth of **19.1 percent** on a comparable basis of upside in **average revenue per unit (ARPU).** **Bharti Airtel** said for the loss “We have delivered another quarter of [sustained](https://answers.mindstick.com/qa/30945/which-country-hosted-the-4th-global-conference-on-sustained-eradication-of-child-labour) performance across all [our business](https://yourviews.mindstick.com/view/84963/can-pr-agencies-help-our-business-to-grow) segments overall [sequential](https://www.mindstick.com/interview/23447/what-are-the-different-methods-for-sequential-supervised-learning) [revenue growth](https://www.mindstick.com/blog/304632/unlock-revenue-growth-with-these-marketing-strategies) was at **5.4 percent** and **EBITDA margins** came in at **49.9 percent**,” the source of the statement is **Gopal Vittal, MD, and CEO,** of South Asia and India Bharti Airtel. #### \ #### He also added “The recent tariff revision for mobile [services](https://www.mindstick.com/articles/13111/distinctions-of-iiot-services-how-its-helps-brands) has gone down well and we are exiting the quarter with an industry-leading **ARPU of Rs.163.** The full impact of the revised mobile tariffs, however, will be visible in the **fourth quarter.”** **Read More: [Digital Rupee, Virtual Assets May Get a Broader Definition](https://www.mindstick.com/news/1367/digital-rupee-virtual-assets-may-get-a-broader-definition)** --- Original Source: https://www.mindstick.com/news/1378/airtel-reports-decline-in-q3-net-profit-by-2-8-percent Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.