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Airtel profit falls 65% to Rs 119 crore

Thursday, October 25, 2018, 5:55 PM

Bharti Airtel Ltd reported a 65.4% fall in quarterly profit on Thursday, as it faces pricing pressure amid aggressive competition in the country's telecom sector. The mobile carrier posted a profit of Rs.119 crore for the quarter ended 30-September, compared with a profit of Rs.343 crore a year ago. Revenue fell about 6.2% to Rs.20,423 crore, the New Delhi-based company said.

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