Bharti’s Profit Disappoints on One-Off Forex Related Charges

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Bharti Airtel Ltd. reported a lower-than-expected quarterly profit as gains from tariff hikes failed to offset the drag from a one-time charges due to foreign exchange losses. India’s No.2 wireless carrier, led by billionaire Sunil Mittal, almost trebled its net income to 35.9 billion rupees ($427 million) for the quarter ended Sep. 30 from the […]

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