Bharti Airtel Q1 net up 22% at Rs 2,648 crore

Bharti Airtel Q1 net up 22% at Rs 2,648 croreSunil Mittal-led Bharti Airtel has reported a decent growth of 22% in its net profit for the first quarter ended June 30, 2009.

In the reporting quarter, company's net profit figure stood at Rs 2,647 crore.

In a filing to Bombay Stock Exchange (BSE), the private sector telecom operator said that it had clocked a net profit after minority interest of Rs 2,166 crore in the June quarter of last fiscal.

As per the Indian accounting rules, total income of the company during the latest quarter surged by 22.62% to Rs 10,429 crore against Rs 8,506 crore in the similar period a year-ago.

Stock of Bharti Airtel closed the day in red at Rs 813, down 1.09% on Bombay Stock Exchange (BSE).

The counter clocked a volume of 2,286,848 shares on BSE.