Indian carrier Bharti Airtel has released its first quarter figures for the three months ending March 31st. Its revenue for the quarter rose 58 percent year-on-year to 53.93 billion rupees (US$1.32 billion), which took its annual revenues up to 185.2 billion rupees (US$4.52 billion), an increase of 59 percent over the previous year. Net profit for the quarter was 13.53 billion rupees (US$330 million), an increase of 98 percent year-on-year. This brings the telcos full-year profits to 42.57 billion rupees (US$1.04 billion), an increase of 89 percent over the previous year.

Bharti Airtel added 5.3 million customers in the fourth quarter, bringing the full year additions to 17.5 million new customers.

Earnings release