NEW DELHI: Sunil Mittal-driven Bharti Airtel’s mobile services revenue marginally up by Rs 87 crore to Rs 10, 811 crores in the September quarter, from Rs 10,724 crore in the previous quarter.
The Gurgaon-based telco has also posted a Re 1 decline in the average revenue per user (ARPU) to Rs 128 in the quarter, from Rs 129 in the June quarter, it informed the Bombay Stock Exchange on Tuesday.
Bharti Airtel’s subscriber base rose to 279.43 million in the September quarter from 276.81 million a quarter ago.
The company’s board of directors has accepted the management’s recommendation and deferred the approval of the financial results until Thursday, November 14, 2019.
In a statement to the Bombay Stock Exchange (BSE), Bharti Airtel said that clarity is needed on the annual gross revenue (AGR) matter arising out of the recent top court verdict.
The company, according to the note, would approach the Department of Telcommunications (DoT).
Last week, the Supreme Court of India ruled against teleocm companies asking the to pay Rs 1.3 lakh crore to the government ending a decade-and-half long dispute on the interpretation of AGR.