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  • Friday, 23 October 2020

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Airtel Africa Q2 net profit falls 9%; says it's cautious on second wave of covid

Posted 2020-10-23, Live Mint

NEW DELHI: Bharti Airtel Ltd’s Africa unit on Friday posted an 8.8% year-on-year (yoy) drop in net profit to $88 million in the quarter ended September due to higher expenses. The company had reported a net profit of $57 million in the quarter ended June.

The telco’s revenue grew 14.3% yoy on a reported basis and

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