Bharti Airtel Announces Q2 Results

Bharti Airtel Ltd has announced the following Audited results for the quarter ended September 30, 2007:The Company has posted a net profit of Rs 16191.50 million for the quarter ended September 30, 2007 as compared to Rs 8883.50 million for the quarter ended September 30, 2006. Total Revenue has increased from Rs 42129.80 million for the quarter ended September 30, 2006 to Rs 61185.30 million for the quarter ended September 30, 2007.The Consolidated results as per Indian Generally Accepted Accounting Principles (IGAAP) are as follows:The Group has posted a net profit of Rs 16437.60 million for the quarter ended September 30, 2007 as compared to Rs 8788.40 million for the quarter ended September 30, 2006. Total Income has increased from Rs 43630.30 million for the quarter ended September 30, 2006 to Rs 63867.30 million for the quarter ended September 30, 2007.The Consolidated results as per United States Generally Accepted Accounting Principles (US GAAP) are as follows:The Group has posted a net income of Rs 16139.30 million for the quarter ended September 30, 2007 as compared to Rs 9338.20 million for the quarter ended September 30, 2006. Total Revenues has increased from Rs 43571.40 million for the quarter ended September 30, 2006 to Rs 63374.00 million for the quarter ended September 30, 2007.The figures for the quarter ended September 30, 2006 Consolidated results as per United States Generally Accepted Accounting Principles (US GAAP) are Unaudited.