Bharti Airtel reported a sharp decline in profitability for the third quarter, with net profit plunging 55% year-on-year to Rs 6,631 crore, underscoring the financial strain faced by India’s telecom sector. The drop reflects elevated operating expenses, higher depreciation, and finance costs linked to network expansion and spectrum liabilities. While revenue growth remained resilient, margins came under pressure as the company continued to invest heavily in 5G rollout and digital infrastructure.