Sequentially, profit was 13.6 per cent lower than the Rs 4,159 crore in the preceding quarter
India's No.2 wireless carrier's consolidated net profit jumped 168 per cent to Rs 3,593 crore ($427.49 million) in the July-September quarter
Notably, the stock is among the top gainers on Bombay Stock Exchange (BSE)
At 6:55 AM, GIFT Nifty futures was trading 73 points higher at 22,382.50 levels compared to Nifty50 futures, indicating a positive start for the bourses
Average revenue per user inches up to Rs. 209, from Rs. 208 in Q3
Airtel Q4 FY24 results: The board has recommended a final dividend of Rs 8 per fully paid-up equity share of face value Rs 5 each for the financial year 2023-24
Bharti Hexacon's IPO is the country's largest since Mankind Pharma Ltd. raised Rs 4,330 crore a year ago
The consolidated revenue for Q1FY24 grew 19 per cent year-on-year (YoY) to Rs 19,746 crore. Ebitda margins improved 271 basis points YoY, reaching 53.7 per cent
Bharti Airtel Q1 preview: On average, analysts expect Bharti Airtel's consolidated net profit to rise around 60 per cent year-on-year (YoY) to Rs 2,676 crore in Q1FY24
Its revenue witnessed a 14.3 per cent YoY rise and reached Rs 36,009 crore in Q4FY23
Here's how leading brokerages have interpreted Bharti Airtel's September 2022 quarter (Q2FY23) numbers
Payments Bank turns profitable; Nil bank debt in India businesses
Emkay expects Bharti's underlying momentum to remain intact through mix improvement, resulting in lowest wireless revenue decline of 2 per cent
Management commentary on the timing of tariff hikes and outlook on spectrum investments including renewals will be among the key things to watch in Airtel's results
Last week, Bharti Airtel's Africa operations, Airtel Africa, posted an 8.8 per cent YoY fall in net profit to $88 million in the quarter ended September
Consolidated revenue rose to Rs 23,939 crore in the three months ended June 30, compared with Rs 20,738 crore a year ago
However, Airtel posted a net loss of Rs 1,035 crore for the quarter, as it provisioned for the interest accrued on account of AGR payment
The stock, however, bounced back 24.5 per cent from day's low to hit an intra-day high of Rs 3.25 per share on reports that the government was mulling sops to revive the telecom sector.
Operating performance improved sharply but net loss at Rs 23,045 is the third highest by an Indian corporate in a quarter
The company released its operating highlights for the three months ended September 2019 in a regulatory filing to the BSE, but postponed the release of its Q2 earnings to November 14