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BHARTIARTL Bharti Airtel News Story

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Indian telecom operator Bharti Airtel's profit rises on subscriber growth, upgrades

May 13 (Reuters) - Bharti Airtel BRTI.NS, India’s second-largest mobile carrier by number of users, posted a quarterly profit rise on Wednesday, aided by steady subscriber additions and users upgrading to higher-margin plans.

Consolidated pre-tax profit rose 35.8% to 132.05 billion rupees ($1.38 billion) for the quarter ended March 31, from 97.24 billion rupees a year earlier.

Airtel's profit in the year-ago quarter was boosted by a net tax gain of 28.92 billion rupees.

($1 = 95.7050 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru; Editing by Mrigank Dhaniwala)

((aleefjahan.cs@thomsonreuters.com))

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