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Bharti Airtel quarterly profit down 28 percent
Bharti Airtel says March quarter profit fell 28 percent from a year earlier, far more than expected on interest, foreign exchange and tax losses.
India’s largest mobile carrier says net profit for the January to March quarter was 10.1 billion rupees ($191.3 million) on revenue of 187.3 billion rupees ($3.6 billion).
A FactSet poll of analysts forecast net income of 12.6 billion rupees on sales of 188 billion rupees.
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