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Bharti Airtel shares slip 2% after Q1 results

Bharti Airtel shares slip 2% after Q1 results SECTIONS Last Updated: Aug 04, 2021, 11:42 AM IST Share Synopsis Airtel’s net profit in the fiscal first quarter fell also due to a sharp slowdown in 4G net user adds during the Covid second wave. Agencies Related Kolkata: Bharti Airtel shares fell almost 1.7% in Wednesday morning trade to Rs 570.65 on BSE, a day after the Sunil Mittal-led telco’s consolidated net profit fell nearly 63% sequentially to Rs 284 crore in the June quarter, with its India wireless business dragged by Covid lockdowns that led to the company losing users, even as consumers at the lower end of the market spent less on calls.

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