Airtel Africa Records 82% On-year Increase In Profits For Fy22 | Mint - Mint


5/11/2022 12:00:00 AM2 years 11 months ago
by Gulveen Aulakh

The Bharti Airtel subsidiary clocked an 82% increase in net profit to $755 million for FY22 compared to the previous financial year, while revenues grew by 20.6% to $4.7 billion in FY22 from $3.9 billion in FY21, the company said in a statement Wednesday.

Airtel Africa reported profit of $240 million for the quarter ended March 2022, 56% up from $154 million in the same period in FY21. Revenues were higher by 17.8% and reached $1.2 billion in the quar… [+2068 chars]

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