Profit

ICICI Direct on Bharti results

PUBLISHED ON: February 2, 2011 | Duration: 2 min, 26 sec

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Karan Mittal, telecom analyst at ICICI Direct, says Bharti Q3 number looks bad on the face of it, but a detailed examination shows they are more or less in line with Street expectation. The rebranding cost and forex loss have resulted in profit erosion.
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