₹4/Share Dividend: Airtel-backed telecom major declares final dividend in first earnings post IPO launch
10 months, 1 week ago

₹4/Share Dividend: Airtel-backed telecom major declares final dividend in first earnings post IPO launch

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Bharti Hexacom Q4 Results: Bharti Hexacom announced its January-March quarter results for fiscal 2023-24 in its first earnings report after its initial public offering launch in April and also the board recommended a final dividend for the fiscal ended March 31, 2024. on Tuesday, May 14. India's leading telecom giant Bharti Airtel acquired a 70 per cent stake in 2004 after which ‘Hexacom India’ evolved into ‘Bharti Hexacom’. Bharti Hexacom Q4 Results Bharti Hexacom posted over 10 per cent year-on-year rise in net profit for the March quarter to ₹223 crore, on the back of strong customer additions and ARPU increase in mobile services. Bharti Hexacom, which offers consumer mobile services, fixed-line telephone, and broadband services in Rajasthan and the Northeast circles, reported a net profit of ₹223 crore for the March quarter, up 10.2 per cent over the year-ago period. Mobile revenues grew 6.8 per cent year-on-year on account of improved realisation as well as strong 4G/5G customer additions during the year,'' said Bharti Airtel in its exchange filing.

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