NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Yes Securities Report
Bharti Airtel Ltd.'s reported broadly inline performance for the quarter. The sequential revenue growth was above expectation, while Ebitda margin was as per estimates.
Bharti Airtel reported sequential revenue growth of 2.3% QoQ, despite adverse impact from devaluation of Nigerian currency. India mobile subscriber base increased by 3.3 million QoQ to 345.6 million; while average revenue per user increased by 2.5% QoQ to Rs 208/month.
Number of 4G data customer base increased 3.1% QoQ to 244.9 million. Postpaid subscriber addition was at 870,000 QoQ.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
.jpg?rect=0%2C0%2C3500%2C1969&w=75)
Bharti Airtel Q2 Results Review - Time Correction Likely; Reiterate ‘Reduce': Dolat Capital
Oct 30, 2024
Rise With Profit: Yen Hits Three-Month Low, Bharti Airtel Q2 Results
Oct 29, 2024
Bharti Airtel Share Price Drops Following 12% Quarterly Profit Decline
Oct 29, 2024
United Spirits Q2 Results Review - Expect Robust Growth In H2: Yes Securities
Oct 25, 2024
POPULAR