Debt-laden telecom Vodafone Concept Monday reported a discount of 18 per cent 12 months on 12 months in consolidated web loss to ₹6,432 crore within the first quarter of the monetary 12 months 2024-2025. The telco has reported a web lack of ₹7,840 within the first quarter of the 2023-2024 fiscal. Income from operations was … Read more
Our Bureau Simply as Bharti Airtel crossed the $100 billion market cap on Might 27 this 12 months, brokerage agency, CLSA highlighted that the nation’s second largest operator has benefitted essentially the most from tariff hikes. On Monday, CLSA famous that between FY20 and FY24, Bharti Airtel skilled a 54 per cent improve in common … Read more
Bharti Airtel (Airtel) on Tuesday reported a consolidated web revenue (after distinctive objects) of ₹2,071.6 crore for the fourth quarter ended March 31, down 31 per cent year-on-year (y-o-y) in contrast with ₹3,005.6 crore within the corresponding interval final yr. The consolidated whole income of the corporate rose 4 per cent y-o-y to ₹37,599 crore … Read more
As we had talked about in our replace on Vodafone Thought FPO in bl.portfolio final week, a profitable conclusion of the ₹18,000-crore FPO that opened on April 18, and closes on April 22, will guarantee it survives comfortably for the subsequent two years not less than. The subsequent two years will likely be a part … Read more
Bharti Airtel (Airtel) stated on Tuesday, that whereas there was a transparent rise in common income per consumer (ARPU) on an ‘natural foundation’, the “actual enchancment” in these metrics will come from tariff restore, particularly from 5G monetisation. Additionally learn:Airtel’s Q3 internet revenue rises 54% to ₹2,442 crore “We’ve seen enchancment in ARPU within the … Read more