Bharti Airtel reported a smaller-than-expected second-quarter profit on Monday, as the telecom operator's expenses outweighed gains from its first tariff hike in over two years.

Bharti Airtel Ltd. reported a lower-than-expected quarterly profit as gains from tariff hikes introduced in July failed to offset the drag from a one-time charge.

Bharti Airtel on Monday posted a 168% growth in its net profit for the second quarter of the financial year, boosted by a hike in tariffs across the board during the quarter. What Happened: India’s fourth-largest company by market cap said it earned a consolidated profit attributable to owners of ₹3,