Bangladesh, Oct. 27 -- Grameenphone's profit fell more than 4 per cent year-on-year to Tk 21.72 billion in the first nine months through September this year amid a decline in revenue in a challenging macroeconomic environment.

The country's largest mobile phone operator reported revenue of Tk 117.56 billion during January-September, down 1.63 per cent from the same period a year earlier, according to its financial results released on Monday.

However, the company's third-quarter profit remained unchanged at Tk 7.51 billion in July-September, despite a marginal 0.17 per cent year-on-year increase in revenue.

The telecom operator has been navigating a difficult economic environment that has put pressure on businesses across sectors, incl...