Airtel Q2 Earnings
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Bharti Airtel Hits Upper Circuit of 10% On Posting Highest-Ever Quarterly Revenue
The Sunil Mittal-led telecom company reported a revenue of Rs 25,785 crore in the July-September period - its highest ever in a quarter, boosted by higher tariffs and a rise in data usage from a coronavirus-fuelled shift to remote working.
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Bharti Airtel Posts 65% Fall In Net Profit To Rs 119 Crore In Q2
However, net revenue from its Africa business grew 13.2 per cent year-on-year, the company said.
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Airtel Shares Hit 52-Week High Despite Poor Show in September Quarter
Airtel stock was the top gainer on both the key indices.
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Nifty Hits 10,400 For First Time, Banks Lead Charge On D-Street
Banks led the charge on Wednesday, with the Nifty Bank index up 1.2 per cent. SBI, ICICI Bank and Yes Bank rose over 1.3 per cent. Bharti Airtel, which announced its Q2 earnings the previous day, was the top gainer, rising over 3 per cent.
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Airtel's Q2 Net Profit Falls 77 Per Cent To Rs 343 Crore
Airtel's profit fell to Rs343 crore ($52.98 million) in the quarter ended Sept. 30 from Rs 1,461 crore a year earlier
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Sensex Down Over 200 Points; ITC, Hindustan Unilever Fall Ahead Of Q2
Axis Bank was the top Nifty loser, the stock slumped over 7 per cent to hit intraday low of Rs 490 after the bank's net profit came in much lower than expectations and bad loans rose sharply in Q2.
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Bharti Airtel Q2 Net Profit Falls 5% On Higher Costs
Bharti Airtel Ltd reported a nearly 5 per cent fall in second-quarter profit on Tuesday hit by higher costs.
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Bharti Airtel Q2 Profit Beats Estimates as Data Revenue Records Strong Growth
Average revenue per user for voice calls, a key measure of telecom health, dropped to Rs 140 from Rs 158 same quarter last year for Airtel.
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Bharti Airtel Beats Q2 Estimates on Higher Data Usage
The company said Africa performance has improved with underlying revenue growth of 5.1 per cent in second quarter, which is highest in the last four quarters.
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Stocks May Turn Choppy, Q2 Earnings to Decide Trend: Experts
The stock markets may see volatile sessions ahead of the derivatives expiry due on Thursday, and the next set of quarterly earnings from blue chips such as Bharti Airtel, HDFC, Maruti Suzuki and ICICI Bank will dictate trend on bourses, say experts.
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Moody's Says Bharti Q2 Numbers Credit Positive
Global rating agency Moody's on Tuesday said the second quarter earnings of Bharti Airtel are credit positive while suggesting the company reduce its consolidated adjusted debt/Ebitda to below 2 times.
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Bharti Airtel Falls Despite Profit Beat in Q2
Analysts polled by NDTV had estimated its net profit at Rs 1,287 crore on sale of Rs 23,227 crore. Bharti, although beat street estimates on net profit but its revenue missed street estimates by nearly 2 per cent mainly due to disappointing performance in its Africa business which continued to lag behind.
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Bharti Airtel Beats Estimates in Q2, Profit at Rs 1,383 Crore
Analysts, on average, were expecting Bharti Airtel, headed by Indian billionaire Sunil Mittal and nearly a third owned by Singapore Telecommunications, to earn Rs 1,286 crore in profit.
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Bharti Airtel, Tata Comm shares surge on Q2 earnings
Tata Communications gained 10 per cent after it posted a consolidated net profit Rs 80.36 crore for September-quarter compared to a net loss of Rs 274.2 crore in the same quarter last year.
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Bharti Airtel Q2 net profit slumps 29.8% to Rs 721 crore
Bharti Airtel, India's biggest mobile phone carrier by subscribers has reported 5.4 per cent dip in sequential net profit for the second quarter ending September 2012.
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Bharti Airtel Hits Upper Circuit of 10% On Posting Highest-Ever Quarterly Revenue
The Sunil Mittal-led telecom company reported a revenue of Rs 25,785 crore in the July-September period - its highest ever in a quarter, boosted by higher tariffs and a rise in data usage from a coronavirus-fuelled shift to remote working.
-
Bharti Airtel Posts 65% Fall In Net Profit To Rs 119 Crore In Q2
However, net revenue from its Africa business grew 13.2 per cent year-on-year, the company said.
-
Airtel Shares Hit 52-Week High Despite Poor Show in September Quarter
Airtel stock was the top gainer on both the key indices.
-
Nifty Hits 10,400 For First Time, Banks Lead Charge On D-Street
Banks led the charge on Wednesday, with the Nifty Bank index up 1.2 per cent. SBI, ICICI Bank and Yes Bank rose over 1.3 per cent. Bharti Airtel, which announced its Q2 earnings the previous day, was the top gainer, rising over 3 per cent.
-
Airtel's Q2 Net Profit Falls 77 Per Cent To Rs 343 Crore
Airtel's profit fell to Rs343 crore ($52.98 million) in the quarter ended Sept. 30 from Rs 1,461 crore a year earlier
-
Sensex Down Over 200 Points; ITC, Hindustan Unilever Fall Ahead Of Q2
Axis Bank was the top Nifty loser, the stock slumped over 7 per cent to hit intraday low of Rs 490 after the bank's net profit came in much lower than expectations and bad loans rose sharply in Q2.
-
Bharti Airtel Q2 Net Profit Falls 5% On Higher Costs
Bharti Airtel Ltd reported a nearly 5 per cent fall in second-quarter profit on Tuesday hit by higher costs.
-
Bharti Airtel Q2 Profit Beats Estimates as Data Revenue Records Strong Growth
Average revenue per user for voice calls, a key measure of telecom health, dropped to Rs 140 from Rs 158 same quarter last year for Airtel.
-
Bharti Airtel Beats Q2 Estimates on Higher Data Usage
The company said Africa performance has improved with underlying revenue growth of 5.1 per cent in second quarter, which is highest in the last four quarters.
-
Stocks May Turn Choppy, Q2 Earnings to Decide Trend: Experts
The stock markets may see volatile sessions ahead of the derivatives expiry due on Thursday, and the next set of quarterly earnings from blue chips such as Bharti Airtel, HDFC, Maruti Suzuki and ICICI Bank will dictate trend on bourses, say experts.
-
Moody's Says Bharti Q2 Numbers Credit Positive
Global rating agency Moody's on Tuesday said the second quarter earnings of Bharti Airtel are credit positive while suggesting the company reduce its consolidated adjusted debt/Ebitda to below 2 times.
-
Bharti Airtel Falls Despite Profit Beat in Q2
Analysts polled by NDTV had estimated its net profit at Rs 1,287 crore on sale of Rs 23,227 crore. Bharti, although beat street estimates on net profit but its revenue missed street estimates by nearly 2 per cent mainly due to disappointing performance in its Africa business which continued to lag behind.
-
Bharti Airtel Beats Estimates in Q2, Profit at Rs 1,383 Crore
Analysts, on average, were expecting Bharti Airtel, headed by Indian billionaire Sunil Mittal and nearly a third owned by Singapore Telecommunications, to earn Rs 1,286 crore in profit.
-
Bharti Airtel, Tata Comm shares surge on Q2 earnings
Tata Communications gained 10 per cent after it posted a consolidated net profit Rs 80.36 crore for September-quarter compared to a net loss of Rs 274.2 crore in the same quarter last year.
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Bharti Airtel Q2 net profit slumps 29.8% to Rs 721 crore
Bharti Airtel, India's biggest mobile phone carrier by subscribers has reported 5.4 per cent dip in sequential net profit for the second quarter ending September 2012.
