Bharti Airtel posts a 61 percent jump in profit

July 29 Tue Jul 29, 2014 7:21am EDT

July 29 (Reuters) - Top Indian mobile carrier Bharti Airtel posted a 61 percent rise in quarterly profit, helped by less competition.

Bharti raked in 11.08 billion rupees ($184.31 million) of profit, up from 6.89 billion last year.

Analysts, on average, were expecting the company to earn 12.17 billion rupees (1 US dollar = 60.1150 Indian rupee) (Reporting by Nivedita Bhattacharjee in Mumbai; Editing by David Holmes)

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