Bharti Airtel lost 0.88% to Rs 403.90 at 9:16 IST on BSE after consolidated net profit rose 170.2% to Rs 1383 crore on 7.1% increase in total revenue to Rs 22845 crore in Q2 September 2014 over Q2 September 2013.
The results are as per International Financial Reporting Standards (IFRS). The result was announced after market hours yesterday, 30 October 2014.
Meanwhile, the S&P BSE Sensex was up 122.70 points or 0.45% at 27,469.03.
On BSE, so far 61,000 shares were traded in the counter as against average daily volume of 1.97 lakh shares in the past two weeks.
The stock hit a high of Rs 414.95 and a low of Rs 403.35 so far during the day.
Bharti Airtel's consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose 12.1% to Rs 7705 crore in Q2 September 2014 over Q2 September 2013. Mobile data revenues grew 66.7% to Rs 2540 crore in Q2 September 2014 over Q2 September 2013, contributing more than two-third of the incremental revenues.
Bharti Airtel is a leading global telecommunications company with operations in 20 countries across Asia and Africa.
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