Bharti Airtel Reports Rs 5,237 Crore Loss In March Quarter On One-Time Spectrum Charges

Bharti Airtel reported a net loss of Rs 5,237 crore for the quarter ended March, due to one-time spectrum charges. The telecom major had posted a net profit of Rs 107.2 crore for the corresponding period a year ago. In a regulatory filing late on Monday, Bharti Airtel, the country's third largest telecom operator by subscribers, said its revenue from operations came in at Rs 23,722.7 crore in the fourth quarter of financial year 2019...