Bharti Airtel Q4 net profit zooms to ₹2,008 crore
2 years, 7 months ago

Bharti Airtel Q4 net profit zooms to ₹2,008 crore

The Hindu  

India's second largest telecom operator Bharti Airtel on Tuesday posted over two-fold jump in its consolidated net profit to ₹2,008 crore for the March quarter. Airtel's revenue from operations rose 22.3% to ₹31,500 crore during the fourth quarter of FY2021-22, from ₹25,747 crore in the corresponding period of the previous year. For the full year FY22, the Sunil Mittal-led telco logged a net profit of ₹4,255 crore against a loss of ₹15,084 crore in the previous fiscal. Bharti Airtel posted a revenue of ₹116,547 crore for FY22, up from ₹100,616 crore recorded in the previous financial year.

Crore Bharti Airtel  profit  q4  previous  bharti  revenue  posted  airtel  net  2008  fy22  zooms  strong  crore  second

History of this topic

Bharti Airtel Clears Spectrum Dues with Rs 3,626 Cr Prepayment
5 days, 5 hours ago

Bharti Airtel Clears Spectrum Dues with Rs 3,626 Cr Prepayment

Deccan Chronicle  

Bharti Airtel on Thursday said it prepaid Rs 3,626 crore to the department of telecom to clear all its liabilities for spectrum it had acquired in 2016. “Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom clearing all its liabilities for spectrum it had acquired in 2016. In June, the Sunil Mittal-promoted telecom operator also prepaid all …

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY
Trending News
1 month, 1 week ago

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY

Live Mint  

Bharat Dynamics on Thursday posted a net profit of ₹122.53 crore for the quarter ended September 2024, recording a fall of 16.7% from ₹147.09 crore in the year-ago period. Operating performance of Bharat Dynamics weakened during the September quarter as earnings before interest, tax, depreciation and amortization decreased 26.2% to ₹99 crore from ₹134 crore, while EBITDA margin narrowed to …

Stocks to Watch: Vodafone Idea, Apollo Tyres, NBCC, NALCO, Dish TV, and more
1 month, 1 week ago

Stocks to Watch: Vodafone Idea, Apollo Tyres, NBCC, NALCO, Dish TV, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Apollo Tyres: Apollo Tyres announced a 37 percent drop in consolidated profit after tax for the September 2024 quarter, which amounted to ₹297 crore. Brigade Enterprises: Real estate developer Brigade Enterprises Ltd reported an 11 percent decline in its consolidated net profit for the September 2024 …

BSE Q2 results: Net profit soars 193% YoY to ₹346 crore, revenue up 2-fold to ₹819 crore
1 month, 1 week ago

BSE Q2 results: Net profit soars 193% YoY to ₹346 crore, revenue up 2-fold to ₹819 crore

Live Mint  

New Delhi, Nov 12 - Leading stock exchange BSE on Tuesday reported a three-time surge in net profit to ₹346 crore for the September quarter. Additionally, BSE recorded its best half-year revenue and profit of ₹1,493 crore and ₹610 crore, respectively, the exchange's MD & CEO Sundararaman Ramamurthy said. The average daily premium turnover in the equity derivatives segment for …

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%
1 month, 2 weeks ago

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%

Live Mint  

Bharti Airtel Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Bharti Airtel shares are trading at price ₹1578.85, -0.8% down from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market
1 month, 2 weeks ago

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market

Live Mint  

Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise about 85 billion rupees in the local-currency bond market, according to people familiar with the matter. If successful, it will be Bharti Telecom’s largest-ever rupee issuance, according to data compiled by Bloomberg. The borrowing is coming days after India’s second-largest wireless carrier Bharti Airtel Ltd., in which …

Bharti Airtel's Price on the Rise, but Nifty Shows Caution
1 month, 3 weeks ago

Bharti Airtel's Price on the Rise, but Nifty Shows Caution

Live Mint  

Bharti Airtel share price is up by 0.65% today, trading at ₹1647.55. The stock has hit a high of ₹1651.5 and a low of ₹1618 during the day. On the technical front, the stock is trading above the 50,100,300 days SMA & lower than the 5,10,20 day SMA. The company has a ROE of 9.36% & ROA of 1.92% respectively. …

Stocks to Watch: A Roundup of Potential Gains in the Market
1 month, 3 weeks ago

Stocks to Watch: A Roundup of Potential Gains in the Market

Live Mint  

The article focuses on a range of stocks with diverse industries, highlighting potential gains in the market. While some companies like Bharti Airtel, Adani Power, and Tata Technologies witnessed significant increases in their respective profits, others like BHEL and Indian Oil Corporation reported substantial declines. Conversely, companies like CarTrade Technologies and Federal Bank experienced substantial growth in their net profits.

Stocks to watch: Airtel, ONGC, Adani Energy, Tata Chem, Marico, Aster DM Health
4 months, 2 weeks ago

Stocks to watch: Airtel, ONGC, Adani Energy, Tata Chem, Marico, Aster DM Health

Live Mint  

Bharti Airtel: The company posted a net profit of ₹4,160 crore for the quarter ended June, doubling sequentially and jumping 158% from a year ago due to exceptional gains from a favourable tax judgement and divestment of its Sri Lankan operations. BLS International Services: The company reported a 70.1% YoY jump in net profit to ₹120.8 crore for Q1FY25, with …

Airtel profit more than doubles to Rs 4,160 crore in Q1
4 months, 2 weeks ago

Airtel profit more than doubles to Rs 4,160 crore in Q1

New Indian Express  

NEW DELHI: Bharti Airtel, country’s second-largest telecom service provider, reported a record profit of Rs 4,160 crore for the first quarter ended June 30, 2024. The company’s net profit was Rs 1,612.5 crore in the same period last year In contrast, Bharti Airtel’s consolidated net profit was at Rs 2,068.2 crore for the previous quarter ending March 2024. The company’s …

Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys
4 months, 3 weeks ago

Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys

Live Mint  

Ambuja Cements: The company reported a consolidated profit of ₹646.31 crore for Q1FY25, a 28.6% YoY decline due to rising expenses and lower revenues. Tata Steel: The company reported a 51% jump in consolidated net profit to ₹960 crore for Q1FY25, up from ₹634 crore YoY, but missed analysts’ expectations of ₹1,025 crore. Redington: The company reported a 15% YoY …

PB Fintech Q4 results: Firm back in black, PAT at ₹64 crore; revenue grows to ₹1,089.57 crore
7 months, 2 weeks ago

PB Fintech Q4 results: Firm back in black, PAT at ₹64 crore; revenue grows to ₹1,089.57 crore

Live Mint  

PB Fintech, the online insurance aggregator behind Policybazaar, announced a net profit of ₹60.19 crore for the quarter ending March 31, 2024, contrasting with a loss of ₹9.34 crore reported in the corresponding period of the previous year. The company's cash position saw a year-on-year improvement of ₹259 crore, reaching ₹5,263 crore, attributed to a 39 per cent year-on-year growth …

AAI to post record ₹5,000-crore profit in FY24, says chairman Sanjeev Kumar
8 months, 3 weeks ago

AAI to post record ₹5,000-crore profit in FY24, says chairman Sanjeev Kumar

Live Mint  

New Delhi: The state-run airports operator Airports Authority of India has posted a record profit of around ₹5000 crore, a top official said on Monday. "We are likely to achieve turnover of more than ₹15,000 crore in 2023-24 which is the highest ever in the history of AAI, with profit before tax of around ₹5,000 crore, which is also the …

Airtel arm Bharti Hexacom IPO possible in April, gets Sebi nod: Top things you need to know about the issue
9 months ago

Airtel arm Bharti Hexacom IPO possible in April, gets Sebi nod: Top things you need to know about the issue

Hindustan Times  

Bharti Hexacom, which is owned by telecom major Bharti Airtel, could likely bring its IPO in April first week, seeking valuation of over ₹28,000 crore, CNBC-TV18 reported. The IPO size could be around ₹4,300 crore, the report added after Bharti Hexacom received approval from the Securities and Exchange Board of India to go ahead with its IPO plans. Bharti Hexacom …

Rajiv Jain's GQG Partners picks 0.8% stake in Bharti Airtel for ₹5,850 crore
9 months, 2 weeks ago

Rajiv Jain's GQG Partners picks 0.8% stake in Bharti Airtel for ₹5,850 crore

Hindustan Times  

Singapore Telecommunications on Thursday said it has sold a 0.8% stake in Bharti Airtel for S$950 million to U.S. investment firm GQG Partners. SingTel, through its unit Pastel, sold 49 million or 0.8% of the outstanding shares in Airtel, also effectively reducing its stake in the telecom operator by 0.8 percentage points, it said in a statement. "The Group is …

Airtel reports 54% growth in net profit to Rs 2,442 cr in Q3, ARPU rises by Rs 15
10 months, 2 weeks ago

Airtel reports 54% growth in net profit to Rs 2,442 cr in Q3, ARPU rises by Rs 15

New Indian Express  

NEW DELHI: Bharti Airtel, country’s second-largest telecom service provider, reported a 54% growth in its consolidated net profit to Rs 2,442 crore for the quarter ending December 31, 2023. Consolidated revenues for the third quarter stood at Rs 37,900 crore, growing 5.9% year-on-year. Airtel’s India revenues for the quarter stood at Rs 27,811 crore, reflecting an 11.4% YoY increase. Revenue …

Stocks to Watch: L&T, Dr Reddy’s, SRF, Voltas, TCS
10 months, 3 weeks ago

Stocks to Watch: L&T, Dr Reddy’s, SRF, Voltas, TCS

Live Mint  

L&T: Recorded 15% yoy growth in consolidated net profit at ₹2,947 crore for the December quarter. Dr Reddy’s Laboratories: Registered 10.6% yoy growth in consolidated net profit at ₹1,378.9 crore for the December quarter, despite higher tax cost. Voltas: Posted a net loss of ₹27.6 crore for the December quarter, narrowing from a loss of ₹110.5 crore a year ago …

BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore
1 year, 1 month ago

BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore

India TV News  

New Delhi: Leading stock exchange BSE has reported a four-fold jump in net profit at Rs 118.4 crore for the quarter ended in September 2023. The bourse's revenue rose 53 per cent to a record Rs 367 crore in the July-September quarter of the current financial year, from Rs 240 crore in the year-ago period. The exchange's average daily turnover …

Bharti Airtel Q2 profit declines on one-time charge
1 year, 1 month ago

Bharti Airtel Q2 profit declines on one-time charge

The Hindu  

Bharti Airtel on Tuesday reported a steep drop in second-quarter profit, hurt by a one-time charge, but its revenue rose as it added more 4G and 5G subscribers. The latest quarter’s results included a one-time charge of ₹13.50 billion as interest payable on an additional tax provision amount related to a Supreme Court ruling on variable licence fees. Airtel and …

BEL Q2FY24 results: Net profit jumps 32.9% YoY, total income rises 3.55%
1 year, 1 month ago

BEL Q2FY24 results: Net profit jumps 32.9% YoY, total income rises 3.55%

Live Mint  

Q2 results today: Beating the market edstimates, Governmetn of India -owned Bharat Electronics Ltd has declared its second quarter results on Saturday. The state-owned defence company reported standalone net profit of ₹812.34 crore during Q2FY24, logging year-on-year jump 32.9 per cent against the net profit of the company in corresponding period in previous financial year. In April to June 2023 …

Bandhan Bank Q2 profit jumps over 3-fold to ₹721 cr
1 year, 2 months ago

Bandhan Bank Q2 profit jumps over 3-fold to ₹721 cr

Hindustan Times  

Bandhan Bank on Wednesday reported over three- fold jump in net profit at ₹721 crore for the second quarter ended September 30, 2023. Bandhan Bank The Kolkata-headquartered private sector lender had posted a profit of ₹209.30 crore for the same quarter a year ago. On the asset quality front, the lender reported deterioration as gross non-performing assets rose to 7.32 …

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore
1 year, 2 months ago

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore

Live Mint  

Bandhan Bank for the quarter ending September'2023 saw its net profit rise 245% YoY to ₹721 crore compared to ₹209 Crore in the year ago quarter. Bandhan Bank's Net Interest Income improved to ₹2,443 crore in Q2 FY24 from ₹2,193 crore in Q2 FY23. Bandhan Bank Net NPA stood at around ₹2360 Crore at the end of Q2FY24 compared to …

BoB Q1FY24 results: Net profit jumps 87.7% YoY, NPA dips over 40%
1 year, 4 months ago

BoB Q1FY24 results: Net profit jumps 87.7% YoY, NPA dips over 40%

Live Mint  

Bank of Baroda Q1 results 2023-24: State-owned bank, Bank of Baroda has declared its Q1FY24 results today. Sharing its first quarter results for the current financial year, the PSU bank reported 87.72 per cent YoY jump in net profit during April to June 2023 quarter. Bank of Baroda Q1FY24 net profit In Q1FY24, the PSU bank reported a net profit …

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore
1 year, 4 months ago

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore

Live Mint  

BHEL Q1 results: Bharat Heavy Electricals Limited reported a consolidated net loss of ₹343.9 crore in the June quarter against ₹188 crore in June quarter FY23. The company's revenue rose by 7.1% to ₹5,003.4 crore in Q1FY24 against ₹4,672 crore in Q1FY23. The company revenue rose by 7% to ₹5,003.4 crore in Q1FY24. Further division of the company revenue shows …

Bharti Airtel Q1: Net profit flat at ₹1,612 cr, ARPU improves to ₹200
1 year, 4 months ago

Bharti Airtel Q1: Net profit flat at ₹1,612 cr, ARPU improves to ₹200

Live Mint  

Bharti Airtel Q1 Results: Bharti Airtel announced its April-June quarter results for fiscal 2023-24 on August 3, reporting a net profit of ₹1,612 crore, which came nearly flat compared to ₹1,607 crore in the corresponding period last year. The average revenue per user per month, a crucial metric used by telecom companies to measure revenue generation, increased 9.28 per cent …

Indigo Q1 Results: Net profit at ₹3,090 crore, revenue up 30% YoY
1 year, 4 months ago

Indigo Q1 Results: Net profit at ₹3,090 crore, revenue up 30% YoY

Live Mint  

InterGlobe Aviation Limited on Wednesday announced the results for the June quarter and said that it reported a net profit of ₹3,090 crore for Q1 of financial year 2023-24, and is its highest-ever quarterly net profit. The low cost airline had reported net loss of ₹1,064.2 crore in the corresponding period of the previous year, it said in a regulatory …

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s
1 year, 4 months ago

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Reliance Industries: Jio Financial Services Ltd, the demerged financial lending arm of Reliance Industries Ltd, and BlackRock, the world’s largest asset manager, have joined hands to set up an asset management company with a combined investment of $300 million. Net interest income or core income jumped …

Hindustan Aeronautics to consider stock split, final dividend next week
1 year, 5 months ago

Hindustan Aeronautics to consider stock split, final dividend next week

Live Mint  

On Friday, shares of Hindustan Aeronautics Ltd rose 2.61 percent from their previous closing price of ₹3,763.70 to an intraday high of ₹3,861.80 a share. In Q4FY23, the company recorded a net profit of ₹2,844.64 crore, a decrease of 8.36% from Q4FY22's net profit of ₹3,103.99. In comparison to FY22, net sales increased by 9.37 percent to ₹26,927 crore, and …

Bharati Airtel evaluating offshore bond issue; likely to raise up to $1 billion
1 year, 6 months ago

Bharati Airtel evaluating offshore bond issue; likely to raise up to $1 billion

Live Mint  

Telecom major Bharti Airtel is considering an offshore bond issue and is likely to raise up to $1 billion, two people aware of the matter told Economic Times. As per the report, this comes as the telecom giant plans to refinance high cost debt, strengthen its balance sheet and also cover some of its 5G capital expenditure requirements. Meanwhile, market …

Anmol India’s PAT increases 40% in Q4, net sales up 33% on strong demand; stock rises 4%
1 year, 7 months ago

Anmol India’s PAT increases 40% in Q4, net sales up 33% on strong demand; stock rises 4%

Live Mint  

Anmol India has reported a jump of 41.69 per cent in net profit at ₹4.52 crore in Q4FY23 on the back of strong demand, as against ₹3.19 crore in Q4FY22. The net sales came in at ₹370.13 crore in January-March quarter, up 18.71 per cent from ₹311.80 crore in January-March quarter of FY 2022. EBITDA margin was seen expanding 25 …

Bharti Airtel Q4 Profit Beats Estimates; Should you Buy, Sell or Hold the Telecom Stock?
1 year, 7 months ago

Bharti Airtel Q4 Profit Beats Estimates; Should you Buy, Sell or Hold the Telecom Stock?

News 18  

Bharti Airtel Share Price: Shares of Bharti Airtel were trading higher on Wednesday morning, a day after the company announced its March quarter earnings. Bharti Airtel reported a 50 per cent jump in consolidated net profit at Rs 3,006 crore for the quarter ended March 2023 from Rs 2,008 crore a year back. Revenue was up 1 per cent sequentially, …

TV Today Network Q4 net profit down 84% to 5.85cr, revenue down 10.3% to ₹217c
1 year, 7 months ago

TV Today Network Q4 net profit down 84% to 5.85cr, revenue down 10.3% to ₹217c

Live Mint  

The company had reported a net profit of ₹35.69 crore in the January-March period a year ago, TV Today Network said in a BSE filing. TV Today Network's total expenses in the fourth quarter of FY23 were at ₹206.30 crore, up 11.96 per cent. For the fiscal year ended March 2023, TV Today Network's net profit was down 51.38 per …

Stocks to Watch: Canara Bank, UPL, Vedanta, Mahanagar Gas, SpiceJet
1 year, 7 months ago

Stocks to Watch: Canara Bank, UPL, Vedanta, Mahanagar Gas, SpiceJet

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Canara Bank: State-owned Canara Bank on Monday reported a 74 per cent jump in March quarter consolidated net profit to ₹3,336.51 crore, helped by higher core income and lower provisions. Mahanagar Gas: Mahanagar Gas's Q4FY23 net profit jumped 204 per cent to ₹268 crore compared to …

Bharti Airtel Shares Fall Even After It Posts 92% Jump in Net Profit; Should you Buy?
1 year, 10 months ago

Bharti Airtel Shares Fall Even After It Posts 92% Jump in Net Profit; Should you Buy?

News 18  

Telecom major Bharti Airtel stock fell around 2 per cent in early deals after it announced its Q3 results, which missed analyst estimates. Bharti Airtel reported 92 per cent surge in consolidated net profit at Rs 1,588 crore for the quarter ended December 2022 as against Rs 830 crore in the same quarter of the previous year, helped by the …

IndiGo Q3 net profit up 1,000% to ₹1,442 cr
1 year, 10 months ago

IndiGo Q3 net profit up 1,000% to ₹1,442 cr

Live Mint  

InterGlobe Aviation, the parent company of Indigo on Friday reported 1000 per cent rise in net profit to ₹1422.6 crore for the December 2022 quarter. For the quarter, passenger ticket revenues were ₹13162.4 crore, an increase of 63.0% and ancillary revenues were ₹1422.2 crore, an increase of 24.6% compared to the same period last year. Total expenses for the quarter …

BHEL reports net profit of ₹10.3 cr in Q2FY23, power biz sales healthy
2 years, 1 month ago

BHEL reports net profit of ₹10.3 cr in Q2FY23, power biz sales healthy

Live Mint  

Leading government-owned power generation equipment manufacturer, Bharat Heavy Electricals reported a standalone net profit of ₹10.29 crore for the quarter ending September 30, 2022 period. During the quarter, sales stood around ₹4,927.95 crore in Q2FY23 versus ₹4,910.62 crore in Q2FY22 and ₹4,449.49 crore in Q1FY23. For the sixth month period of FY23, on a standalone basis, BHEL's overall net loss …

Stocks to Watch: SBI, Reliance, Indigo, Maruti, Dr Reddy’s, Powergrid
2 years, 1 month ago

Stocks to Watch: SBI, Reliance, Indigo, Maruti, Dr Reddy’s, Powergrid

Live Mint  

Here is the list of the top 10 stocks that will be in focus today: State Bank of India: The country's largest lender State Bank of India has become the country's most profitable firm with a consolidated net income of ₹14,752 crore in the September quarter of FY23. Triveni Engineering: Sugar firm Triveni Engineering & Industries Ltd on Saturday reported …

Stocks to Watch: Airtel, Axis Bank, Tata Steel, L&T, Supreme Ind, Adani Power
2 years, 1 month ago

Stocks to Watch: Airtel, Axis Bank, Tata Steel, L&T, Supreme Ind, Adani Power

Live Mint  

Here is the list of the top 10 stocks that will be in focus today: Bharti Airtel: Telecom major Bharti Airtel on Monday posted a lower-than-expected quarterly profit, flagging a headwind for the telco operator, as it begins to roll out 5G services across India. Airtel reported a consolidated net profit of ₹2,145 crore for the quarter ending 30 September …

Q2 Results Preview: Airtel May Post Low Single-Digit Revenue Growth QoQ, Vodafone To Remain Flat
2 years, 1 month ago

Q2 Results Preview: Airtel May Post Low Single-Digit Revenue Growth QoQ, Vodafone To Remain Flat

News 18  

India’s major telecom services companies Bharti Airtel and Vodafone Idea are scheduled to announce their September 2022 quarter earnings this week. On the non-mobility front, the homes and enterprise segments are likely to report steady growth of 5 per cent, and 3 per cent, respectively, while DTH would decline by another 0.4 per cent QoQ.” Brokerages said Airtel’s revenue is …

₹1 lakh skyrocketed 1000 times to ₹17 Cr after 3 bonus shares: Buy the stock
2 years, 3 months ago

₹1 lakh skyrocketed 1000 times to ₹17 Cr after 3 bonus shares: Buy the stock

Live Mint  

With a market capitalization of ₹51,456.63 Crore, Torrent Pharmaceuticals Ltd. is a large cap company in the pharmaceutical industry. 17.22 Crore i.e.. Q1FY23 results of Torrent Pharma On a consolidated basis, the company reported net sales of ₹2347 Cr in the quarter ended June 2022 compared to ₹2134 Cr recorded in Q1FY22 which represents a YoY growth of 10%. The …

Bharti Telecom to buy 3.33 per cent Airtel stake from Singtel for Rs 12,895 crore
2 years, 3 months ago

Bharti Telecom to buy 3.33 per cent Airtel stake from Singtel for Rs 12,895 crore

India TV News  

Highlights The deal would amount for 2.25 billion Singapore dollars or about Rs 12,895 crore The acquisition is to be completed over a period of 90 days The development was confirmed by Bharti Airtel in a regulatory filing on Thursday Bharti Airtel promoter Bharti Telecom will buy a 3.33-per cent stake from Singtel for 2.25 billion Singapore dollars or about …

Airtel's Sunil Mittal hails Modi govt's efficiency in 5G spectrum allocation
2 years, 4 months ago

Airtel's Sunil Mittal hails Modi govt's efficiency in 5G spectrum allocation

Op India  

On Thursday, the Bharti Airtel founder and Chairman Sunil Bharti Mittal lauded the PM Modi led-government for ease of doing business after the company received an allocation letter for the designated 5G spectrum within hours of payment of the dues. Reports mention that the Department of Telecommunications has received an upfront payment of around Rs 17,876 crore from companies including …

Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business
2 years, 4 months ago

Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business

The Hindu  

Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday. "Airtel paid ₹8,312.4 crore towards spectrum dues and was provided the allocation letter for the designated frequency bands within hours. The Department of Telecom has received payment of around ₹17,876 crore …

Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business
2 years, 4 months ago

Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business

India TV News  

Highlights Airtel receives spectrum allocation letter within few hours of making upfront payment Bharti Enterprises founder and chairman Sunil Bharti Mittal hailed ease of doing business This is the first time ever that DoT has handed out spectrum allocation letter Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises …

Airtel pays Rs 8,312.4 cr to DoT to clear 4-yr instalment in advance for 5G spectrum
2 years, 4 months ago

Airtel pays Rs 8,312.4 cr to DoT to clear 4-yr instalment in advance for 5G spectrum

India TV News  

Highlights Telecom operator Bharti Airtel has paid Rs 8,312.4 crore to the Department of Telecom Payment was made towards dues for spectrum acquired in the recently concluded 5G auctions Airtel has paid four years of 2022 spectrum dues upfront Telecom operator Bharti Airtel has paid Rs 8,312.4 crore to the Department of Telecom towards dues for spectrum acquired in the …

Airtel to Launch 5G Services This Month, Cover Every Town by 2024: MD Vittal
2 years, 4 months ago

Airtel to Launch 5G Services This Month, Cover Every Town by 2024: MD Vittal

News 18  

New Delhi: Telecom operator Bharti Airtel will start rolling out 5G services this month and cover all towns and key rural areas of the country by March 2024, a senior company official said on Tuesday. Vittal said the company's capital expenditure will remain around the existing levels and played down the need for buying premium spectrum in the 700 megahertz …

Telecom companies to hike tariffs again
2 years, 6 months ago

Telecom companies to hike tariffs again

Live Mint  

India's top three private telecom providers - Bharti Airtel, Reliance Jio and Vodafone Idea - are likely raise tariffs again in the second half of this fiscal year, says a report. According to a report released on May 31, India's top three private telecom providers will raise tariffs again in the second half of this fiscal year, resulting in revenue …

Bharti Airtel Q4 profit zooms to Rs 2008 crore, announces Rs 3 dividend
2 years, 7 months ago

Bharti Airtel Q4 profit zooms to Rs 2008 crore, announces Rs 3 dividend

India TV News  

Bharti Airtel, India's second-largest telecom operator, has posted more than twofold year-on-year jump in its consolidated net profit for the March quarter to Rs 2,008 crore. "The net exceptional gain of Rs 9,062 million during the quarter ended March 31, 2022 comprises of gain on account of sale of telecom tower assets of Rs 7,593 million, gain on account of …

TCS Q4 profit misses estimates at ₹9,926 cr, declares dividend
2 years, 8 months ago

TCS Q4 profit misses estimates at ₹9,926 cr, declares dividend

Live Mint  

Tata Consultancy Services, India's largest IT services company, on Monday posted consolidated net profit of ₹9,926 crore for the quarter ending 31 March, 2022, up 7% from ₹9,246 crore a year ago. Increasing participation in our customers’ growth and transformation journeys, and an all-time high order book provide a strong and sustainable foundation for continued growth ahead,” said TCS MD …

Discover Related