ADVERTISEMENT

Bharti Airtel Shares Fall After Profit Rises On One-Time Exceptional Gain

For financial year 2019, Bharti Airtel's net profit more than halved to Rs 409.5 crore.
For financial year 2019, Bharti Airtel's net profit more than halved to Rs 409.5 crore.
Bharti Airtel shares fell as much as 2.74 per cent on the National Stock Exchange to intraday low of Rs 324.30 after its net profit rose 29 per cent in January-March quarter to Rs 107.2 crore on account of an exceptional gain of Rs 2,022 crore. In the same quarter last year, Bharti Airtel had reported net profit of Rs 82.9 crore. Analysts polled by news agency Bloomberg had expected the Delhi-based telecom company to report loss of R...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit