Airtel Q4 Net up 30% to Rs 1,255 cr on mobile data revenue growth |IndiaTV News
9 years, 11 months ago

Airtel Q4 Net up 30% to Rs 1,255 cr on mobile data revenue growth |IndiaTV News

India TV News  

Airtel Q4 Net up 30% to Rs 1,255 cr on mobile data revenue growth New Delhi: Country's largest telecom company Bharti Airtel today reported a 30.5 per cent jump in its March quarter's net profit at Rs 1,255 crore, buoyed by a robust customer growth and rise in mobile New Delhi: Country's largest telecom company Bharti Airtel today reported a 30.5 per cent jump in its March quarter's net profit at Rs 1,255 crore, buoyed by a robust customer growth and rise in mobile data revenue. Total revenue of the firm rose 3.6 per cent to Rs 23,016 crore for the reported quarter as compared with Rs 22,219 crore in the year-ago period, Airtel said in a statement. The company said consolidated mobile data revenues for the March quarter at Rs 3,085 crore grew by 59.1 per cent year-on-year, uplifted by higher data usage and robust customer growth. Mobile data revenue for India though grew over 70 per cent to Rs 2,324 crore, mainly led by increase in usage per customer and growth in data customer base.

India Growth Data Mobile Company Revenue Crore Cent Net Bharti Airtel Airtel Revenue Growth Mobile Data Revenue  mobile  cent  growth  company  indiatv  crore  customer  rs  net  airtel  revenue  data  q4  cr

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Hindalco, Bharti Airtel and more: These 4 Nifty 50 companies post over 50% YoY rise in Q3 profits. Do you own any?
1 month, 1 week ago

Hindalco, Bharti Airtel and more: These 4 Nifty 50 companies post over 50% YoY rise in Q3 profits. Do you own any?

Live Mint  

Q3 Earnings Review: Indian markets have been experiencing a downtrend over the past few months. SBI Life SBI Life Insurance posted a net profit of ₹550.82 crore in Q3FY25, reflecting a 71.2 per cent YoY increase from ₹321.75 crore in Q3FY24. Hindalco Hindalco Industries reported a consolidated net profit of ₹3,735 crore in Q3FY25, reflecting a 60 per cent YoY …

Stocks to Watch: Vodafone Idea, Airtel, RVNL, Glenmark Pharma, BHEL, and more
1 month, 2 weeks ago

Stocks to Watch: Vodafone Idea, Airtel, RVNL, Glenmark Pharma, BHEL, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Samvardhana Motherson: Samvardhana Motherson reported strong Q3 FY25 results, with net profit surging 62 percent year-on-year to ₹879 crore, driven by steady revenue growth and improved operational efficiency. RVNL: State-owned Rail Vikas Nigam Ltd reported a 13.1 percent YoY decline in net profit at ₹311.6 crore …

Vodafone Idea Q3 net loss narrows to Rs 6,609 crore
1 month, 2 weeks ago

Vodafone Idea Q3 net loss narrows to Rs 6,609 crore

The Hindu  

Vodafone Idea Ltd for the third quarter ended December 31, 2024 narrowed its net loss to ₹6,609 crore from net loss of ₹6,986 crore in the year ago period. With the recent equity infusion of ₹1,910 crore from one of our promoters, we have now secured approximately ₹26,000 crore in fresh equity capital over the past 10 months. On January …

Bharti Airtel share price gains 4% post Q3 results. Do you own it?
1 month, 3 weeks ago

Bharti Airtel share price gains 4% post Q3 results. Do you own it?

Live Mint  

Stock Market Today: Bharti Airtel share price gained close to 4% in the morning trade on Friday, February 7 following the Q3 results announcement. Bharti Airtel Q3 Results Bharti Airtel helped by a one-time gain from Indus Towers becoming its subsidiary in November, recorded a huge profit beat, with a net profit of ₹14,760 crore for the quarter ended December …

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation
1 month, 3 weeks ago

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation

Live Mint  

Bharti Airtel Q3 Results: India's second largest carrier Bharti Airtel Ltd beat estimates with a profit of ₹14,760 crore for the quarter ended December, up 483% from ₹2,530 crore a year earlier, due to a one-time gain from Indus Towers becoming its subsidiary in November. In a separate announcement, Indus Towers said Thursday that it was acquiring 16,100 towers, ultra …

Stocks to Watch: Swiggy, Info Edge, Welspun Corp, Cummins, and more
Trending News
1 month, 3 weeks ago

Stocks to Watch: Swiggy, Info Edge, Welspun Corp, Cummins, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. On the financial front, Info Edge posted a net profit of ₹242.59 crore for Q3 FY25, marking a 60.6 percent increase from ₹151.09 crore a year earlier. CMS Info Systems posted a 7.1 percent year-on-year increase in net profit at ₹93.2 crore for Q3 FY25, compared …

Bharat Electronics Q3 Results: Net profit soars 47.3% YoY to ₹1316 crore, revenue jumps 37%
2 months ago

Bharat Electronics Q3 Results: Net profit soars 47.3% YoY to ₹1316 crore, revenue jumps 37%

Live Mint  

Navratna Defence PSU Bharat Electronics released its December quarter performance on January 30, posting healthy growth in revenue top and net profit, surpassing street estimates. In terms of operating profit, the company reported an EBITDA of ₹1,653 crore, marking a 57.5% improvement compared to ₹1,072 crore reported in the same quarter last year. Its profit before tax for the third …

IndiGo Q3 result: Profit drops 18% YoY despite strong air travel demand; key highlights
2 months ago

IndiGo Q3 result: Profit drops 18% YoY despite strong air travel demand; key highlights

Live Mint  

IndiGo Q3 result: InterGlobe Aviation on Friday, January 24, reported a 18.32 per cent year-on-year drop in its December quarter net profit to ₹2,448.8 crore. Consolidated revenue from operations rose 13.7 per cent YoY to ₹22,110.7 crore from ₹19,452.1 crore in the same quarter last year. Cost comparisons IndiGo said its total income for the quarter ended December 2024 was …

Stocks to Watch: HCL Tech, Anand Rathi Wealth, Zee Media, and more
2 months, 2 weeks ago

Stocks to Watch: HCL Tech, Anand Rathi Wealth, Zee Media, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Angel One: Brokerage firm Angel One reported an 8.1 percent YoY rise in net profit to ₹281.4 crore for Q3 FY25, up from ₹260.4 crore in the same quarter last year. Delta Corp: Delta Corp reported a 3.5 percent YoY increase in net profit at ₹35.7 …

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

Airtel profit more than doubles to Rs 4,160 crore in Q1
7 months, 3 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 …

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore
8 months, 2 weeks ago

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore

The Hindu  

Tata Consultancy Services Ltd reported consolidated first quarter net profit grew 8.7% year on year to ₹12,040 crore despite degrowth in several business YoY. Commenting on the results K Krithivasan, Chief Executive Officer and Managing Director, TCS said: “I am pleased to report a strong start to the new fiscal year with all-round growth across industries and markets.” “We are …

Paytm Q4 results: Loss widens to Rs 549.60 cr, revenue falls 2.6%
10 months, 1 week ago

Paytm Q4 results: Loss widens to Rs 549.60 cr, revenue falls 2.6%

Business Standard  

Digital payments firm Paytm on Wednesday reported a wider consolidated loss of Rs 549.6 crore in the fourth quarter of 2023-24, compared to Rs 168.4 crore in the same quarter last year. Net income declined by 2.6 per cent year-on-year to Rs 2,398.8 crore in Q4FY24 compared to Rs 2,464.6 crore in Q4FY23. Overall revenue for the entire FY24 rose …

IndusInd Bank net profit up 15% to Rs 2,349 crore in Q4
11 months ago

IndusInd Bank net profit up 15% to Rs 2,349 crore in Q4

New Indian Express  

MUMBAI: The fifth largest private sector lender IndusInd Bank on Thursday reported a 15 percent on-year growth in net profit at Rs 2,349 crore in the March quarter helped by stable margins and other income coupled with more loan sales and better asset quality. The Hinduja group-promoted bank said the key profitability metric net interest income also grew by 15 …

Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails
11 months, 1 week ago

Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails

New Indian Express  

NEW DELHI: Nokia, a Finland-based telecom gear maker, reported a 69% year-over-year fall in its India profit at 265 million euros, against net sales of 853 million euros in the corresponding quarter a year ago. “India net sales declined, reflecting normalisation of 5G investments in the region after significant deployments in the year-ago quarter. In fact, the minister of Electronics …

Tata Communications’ January-March net profit jumps to ₹321.52 crore
11 months, 1 week ago

Tata Communications’ January-March net profit jumps to ₹321.52 crore

Live Mint  

Tata Communications’ net profit for the quarter ended 31 March surged to ₹321.52 crore, from ₹45.1 crore in the previous quarter, but was down 1.5% from ₹326.42 crore in the same quarter a year ago. Profit margins also slipped 156 basis points to 5.6% for the quarter ended March. For the full year, consolidated revenues jumped 17.5% to ₹20,969 crore, …

Bandhan Bank Q3 Results: Net Profit Rises Twofold To Rs 733 Crore On Core Income
1 year, 1 month ago

Bandhan Bank Q3 Results: Net Profit Rises Twofold To Rs 733 Crore On Core Income

ABP News  

Private sector lender Bandhan Bank announced a surge in its net profit for the third quarter ended December 2023, demonstrating a more than twofold increase to Rs 733 crore, buoyed by improvement in core income. According to regulatory disclosures, Kolkata-headquartered Bandhan Bank's total income surged to Rs 5,210 crore during the December quarter, up from Rs 4,840.94 crore in the …

Airtel reports 54% growth in net profit to Rs 2,442 cr in Q3, ARPU rises by Rs 15
1 year, 1 month 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 …

BharatPe records widening net loss of Rs 941 crore in FY23 | Uncovering the causes
1 year, 3 months ago

BharatPe records widening net loss of Rs 941 crore in FY23 | Uncovering the causes

India TV News  

BharatPe records widening net loss of Rs 941 crore in FY23 | Uncovering the causes BharatPe has reported revenues from operations at Rs 1,029 crore for FY23, marking a considerable two-fold growth from FY22. BharatPe, a fintech major has witnessed an increase in net loss to Rs 941 crore during the financial year 2023, as compared to the preceding fiscal …

Bharti Airtel Q2 profit declines on one-time charge
1 year, 4 months 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 …

Aviation industry to bring down net loss to Rs 3-5k cr from Rs 17k cr
1 year, 5 months ago

Aviation industry to bring down net loss to Rs 3-5k cr from Rs 17k cr

Deccan Chronicle  

Chennai: The Indian aviation industry’s net loss is expected to come down to Rs 3000 to Rs 5000 crore in FY24, down from Rs 17,000 crore in FY23. Airline companies are expected to report an aggregate net loss of Rs 3000 crore to Rs 5000 crore in the current fiscal due to improved pricing power and yields. The domestic passenger …

Bharti Airtel Q1: Net profit flat at ₹1,612 cr, ARPU improves to ₹200
1 year, 7 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 …

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s
1 year, 8 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, 9 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 …

Zee Ent reports net loss of ₹196 cr in Q4, revenue down 9%; key highlights
1 year, 10 months ago

Zee Ent reports net loss of ₹196 cr in Q4, revenue down 9%; key highlights

Live Mint  

Zee Entertainment announced its Q4FY23 results on May 25, reporting a net loss of ₹196 crore, compared to a net profit of ₹181 crore in the corresponding period last year. The media giant's revenue during the January-march quarter came in at ₹2,112.1 crore, registering a decline of nine per cent, compared to ₹2,323 crore in the year-ago period. On the …

HT Media Q4 Results: Revenue rises 4% to ₹441 crore
1 year, 10 months ago

HT Media Q4 Results: Revenue rises 4% to ₹441 crore

Live Mint  

HT Media announced its Q4FY23 results on May 18, reporting a total net loss of ₹14.96 crore, compared to ₹16.72 crore in the corresponding period last year. The company's net revenue from operations in the January-March quarter came in at ₹441.4 crore, registering a growth of 4.87 per cent, compared to ₹420.9 crore in the year-ago period. HT Media's revenue …

Anmol India’s PAT increases 40% in Q4, net sales up 33% on strong demand; stock rises 4%
1 year, 10 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, 10 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, 10 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 …

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore
1 year, 11 months ago

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore

Business Standard  

Kerala-based private sector lender CSB Bank has posted a 20 per cent rise in net profit during the fourth quarter of 2022-23 to Rs 156 crore, as compared to Rs 131 crore during the same period the previous financial year, owing to rise in income and dip in bad loans. Its net interest income also increased by 15 per cent …

Bharti Airtel Shares Fall Even After It Posts 92% Jump in Net Profit; Should you Buy?
2 years, 1 month 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 …

Stocks to Watch: Airtel, Axis Bank, Tata Steel, L&T, Supreme Ind, Adani Power
2 years, 4 months 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, 4 months 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 …

TCS Q2: Net profit rises by 8.3% to ₹10,431 cr
2 years, 5 months ago

TCS Q2: Net profit rises by 8.3% to ₹10,431 cr

Live Mint  

The country's largest software services firm, Tata Consultancy Services, on Monday reported a 8.3 per cent rise in consolidated net profit to ₹10,431 crore for the September 2022 quarter. This is against a net profit of ₹9,624 crore in the year-ago period, TCS said in a regulatory filing. The consolidated revenue of the IT major grew by 18 per cent …

Airtel to Launch 5G Services This Month, Cover Every Town by 2024: MD Vittal
2 years, 7 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, 9 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, 10 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 …

Bharti Airtel Q4 net profit zooms to ₹2,008 crore
2 years, 10 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 …

Stocks to Watch Today: Dabur, Marico, Kotak Bank, Adani Stocks, and Others
2 years, 10 months ago

Stocks to Watch Today: Dabur, Marico, Kotak Bank, Adani Stocks, and Others

News 18  

Nifty futures on the Singapore Exchange traded 144.5 points, or 0.87 per cent higher at 16,833.50, signaling that Dalal Street was headed for a positive start on Thursday. SIS The company recorded consolidated profit at Rs 97.4 crore for the quarter ended March 2022, down 4.7 percent compared to year-ago period on moderate growth in EBITDA and sharp downtick in …

Stocks to Watch Today: Paytm, HCL Tech, ITC, ICICI Lombard, and Others
2 years, 11 months ago

Stocks to Watch Today: Paytm, HCL Tech, ITC, ICICI Lombard, and Others

News 18  

Nifty futures on the Singapore Exchange-traded 185.5 points, or 1.07 per cent lower at 17,221.50, signaling that Dalal Street was headed for a negative start on Friday. HCL Technologies The IT services company recorded a 4.4 per cent sequential growth in profit at Rs 3,593 crore and 1.2 per cent QoQ growth in revenue at Rs 22,597 crore, but earnings …

TCS Q4 profit misses estimates at ₹9,926 cr, declares dividend
2 years, 11 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 …

Airtel to spend Rs 1.17 lakh crore on various businesses with subsidiaries over a period of 5 years
3 years, 1 month ago

Airtel to spend Rs 1.17 lakh crore on various businesses with subsidiaries over a period of 5 years

India TV News  

Highlights Bharti Airtel has plans to spend about Rs 1.17 lakh crore through business transactions The company will hold an extraordinary general meeting of the members of the company on February 26 Bharti Airtel will spend Rs 88,000 crore in business with mobile tower company Indus Towers Telecom operator Bharti Airtel has plans to spend about Rs 1.17 lakh crore …

TV18 Broadcast Q3 Results: Net profit jumps 35% sequentially to Rs 312 crore
3 years, 2 months ago

TV18 Broadcast Q3 Results: Net profit jumps 35% sequentially to Rs 312 crore

Firstpost  

We are building a strong and sustainable media franchise which not only delivers quality content to Indian audience but also value to the shareholders, said chairman Adil Zainulbhai TV18 Broadcast Ltd on Tuesday reported a sharp 35 per cent increase in net profit on a sequential basis to Rs 312 crore for the quarter-ended December 2021, powered by a 21 …

Air India’s accumulated losses rise to ₹77,953 crore during FY2021
3 years, 5 months ago

Air India’s accumulated losses rise to ₹77,953 crore during FY2021

Live Mint  

Air India’s accumulated losses rose to ₹77,953 crore in the year ended 31 March 2021 from ₹70,820 crore in FY20, the airline said in a statement to BSE. The airline’s standalone net loss in FY21 reduced to ₹7,017.42 crore from a ₹7,765.73 crore loss in FY20, as expenses fell to ₹19,083.33 crore from ₹36,290.17 crore during the period, as the …

Vodafone Idea Q3 net loss narrows to ₹4,532 crore; Arpu rises to ₹121
4 years, 1 month ago

Vodafone Idea Q3 net loss narrows to ₹4,532 crore; Arpu rises to ₹121

Live Mint  

Vodafone Idea Ltd reported a net loss of ₹4,532 crore for the December quarter, lower than the ₹6,439 crore a year ago, driven by higher 4G wireless customer additions, improved service quality and cost optimization. Superior network performance and launch of unified brand Vi helped in improving subscriber retention,” the company said. In September, the company had announced the launch …

Bharti Airtel posts Rs 854 cr profit after six straight quarters of loss
4 years, 1 month ago

Bharti Airtel posts Rs 854 cr profit after six straight quarters of loss

India TV News  

Telecom operator Bharti Airtel on Wednesday posted a consolidated net profit of Rs 854 crore in the third quarter ended December 2020, mainly on account of high revenue customers and increase in subscriber base in India. Bharti Airtel reported the highest-ever consolidated quarterly revenue of Rs 26,518 crore, up 24.2 per cent from Rs 21,344 crore in the corresponding quarter …

Airtel Q3 Net Profit at Rs 854 Crore; Posts Highest-ever Consolidated Quarter Revenue
4 years, 1 month ago

Airtel Q3 Net Profit at Rs 854 Crore; Posts Highest-ever Consolidated Quarter Revenue

News 18  

Bharti Airtel on Wednesday posted a net profit of Rs 854 crore for the third quarter ended December 2020, compared to Rs 1,035 crore loss a year ago, on the back of improved realisations and the strong customer addition. Airtel logged its highest-ever consolidated quarterly revenue of Rs 26,518 crore in Q3 FY21, up 24.2 per cent over the year-ago …

Amazon Internet Services India falls into losses in FY20 even as revenue swells up 58 percent
4 years, 3 months ago

Amazon Internet Services India falls into losses in FY20 even as revenue swells up 58 percent

Firstpost  

Amazon Internet Services, Amazon’s subsidiary, which undertakes the resale and marketing of Amazon Web Services’ cloud services in India, has shown a net loss of Rs 20 lakh for the financial year ended 31 March 2020 reported business intelligence platform Tofler. On the other hand, the revenues reported for FY20 stood at Rs 4,215.9 crore, up 58 percent from Rs …

Five of Top 10 Most Valued Firms Lose Together Rs 91,699 Crore M-cap
4 years, 4 months ago

Five of Top 10 Most Valued Firms Lose Together Rs 91,699 Crore M-cap

News 18  

New Delhi: The combined market valuation of five of top-10 most valued firms declined by Rs 91,699 crore last week, with heavyweight Reliance Industries emerging as the worst hit. While Reliance Industries Ltd, Infosys, HDFC, ICICI Bank and Bharti Airtel suffered losses in their market valuation, Tata Consultancy Services, HDFC Bank, Hindustan Unilever Limited, Kotak Mahindra Bank and Bajaj Finance …

Bharti Airtel shares jump 9% on strong Q2 earnings
4 years, 5 months ago

Bharti Airtel shares jump 9% on strong Q2 earnings

Live Mint  

NEW DELHI: Shares of Bharti Airtel Ltd on Wednesday rallied nearly 9% after the telecom operator reported robust earnings for the September quarter. A boom in remote work propelled a 58% year-on-year jump in data consumption at Bharti Airtel in the September quarter, helping India’s second-largest telco post record consolidated revenues, which offset the telco’s net loss during the quarter. …

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