(Reuters) -Indian telecom operator Bharti Airtel reported a higher quarterly profit on Thursday, helped by a one-time gain and as tariff hikes continued to boost its per-user revenue. The company's consolidated net profit rose to 147.

Bharti Airtel share price gained close to 4% in the morning traded on Friday, post Q3 results that were declared after the market hours on Thursday. Do you own it?

Following the announcement of its Q3 results on February 6, Bharti Airtel’s share price saw an upward momentum in today’s trading session, surging over 4% in the early hours.

Shares of Bharti Airtel on Friday morning surged over 5 per cent after the firm reported more than five-fold jump in consolidated net profit for the quarter ended December 31, 2024. The stock jumped 5.46 per cent to Rs 1,708 on the BSE.

Adjusted for Indus Towers’ financials, Airtel’s profits rose 121.3% on-year to ₹5,514 crore, with the full impact of the June 2024 tariff hikes coming through and customers moving to higher-priced plans.

India’s No 2 wireless carrier, posted a 506% jump in net income to 147.8 billion rupees (US$1.7 billion) for the quarter ended Dec 31, 2024 compared with the same period last year, according to a filing Thursday. That beat the average 50.2 billion-rupee profit estimated by analysts in a Bloomberg survey.

Telecom giant Bharti Airtel is set to announce its December quarter (Q3) results on. Analysts predict that the company will report exceptional financials, with strong growth in average revenue per user (ARPU),

Indian telecom operator Bharti Airtel reported a higher quarterly profit on Thursday, as last year's tariff hikes continued to uplift its per-user revenue and helped by a one-time gain.