Bharti Airtel Q3 results: Net profit rises 505% to Rs 14,781 crore
The company cited strong underlying momentum in India and sustained constant currency growth in Africa as other reasons for the latest growth. Consolidated revenue from operations stood at Rs 45,129 crore in Q3, up 19.07 per cent from Rs 37,899 crore in Q3 of 2023-24 (FY24). Other income for the quarter stood at Rs 469.7 crore.
Bharti Airtel Q3 results: Revenue rises 19% to Rs 45,129 crore
A Moneycontrol poll of seven brokerage firms had estimated Bharti Airtel's consolidated net profit to double year-on-year to Rs 5,039 crore, with revenue expected to rise nearly 16 percent to Rs 43,874 crore. A poll of six brokerages had projected the company's EBITDA margin at 54 percent.
Macquarie maintained an 'Outperform' rating on Bharti Airtel stock with a target price of Rs 1,710, implying a 44% upside ...
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Results: Telecom major Bharti Airtel reported significant growth in net profit, reaching Rs 14,781 crore in Q3, with an ...
Bharti Airtel eyes to cash in the broadband boom, aiming to double its reach to 90 million homes with aggressive expansion, ...
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