Bharti Airtel gained 4.05% to Rs 422.55 at 11:20 IST on BSE after the company reported better-than-expected Q4 March 2018 result after market hours yesterday, 24 April 2018.
Meanwhile, the S&P BSE Sensex was down 80.29 points, or 0.23% to 34,536.35.
On the BSE, 6.23 lakh shares were traded in the counter so far, compared with average daily volumes of 3.89 lakh shares in the past two weeks. The stock had hit a high of Rs 427 and a low of Rs 412.15 so far during the day. The stock had hit a 52-week high of Rs 565 on 3 November 2017. The stock had hit a 52-week low of Rs 336.95 on 10 May 2017.
The large-cap company has equity capital of Rs 1998.70 crore. Face value per share is Rs 5.
Bharti Airtel's consolidated net profit fell 10.96% to Rs 419 crore on 10.52% rise in total income to Rs 19893.20 crore in Q4 March 2018 over Q4 March 2017.
Consolidated EBITDA fell 12% to Rs 7034 crore in Q4 March 2018 over Q4 March 2017. Consolidated EBITDA margin decreased by 0.6% to 35.8% in the quarter as compared to 36.4% in the corresponding quarter last year. The consolidated net income after exceptional items for the quarter stands at Rs 83 crore compared to Rs 373 crore in corresponding quarter last year.
Bharti Airtel is a leading global telecommunications company with operations in 16 countries across Asia and Africa.
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