Volumes remain key for Bharti's profitability in Q2: India Infoline
PUBLISHED ON: August 3, 2011 | Duration: 4 min, 21 sec
Bhavesh Gandhi, research analyst of India Infoline, says the recent price hike is certainly a positive for the Bharti stock which will show result in second quarter numbers. But, he says, one needs to keep an eye on the volume part. Another key to profitability is Africa revenues and margins. Bharti's Q1 PAT fell 13 per cent to Rs. 1,215 crore.