Bharti Airtel Reports Profit Of Rs 97 Crore In April-June, Beats Analysts' Estimates
Bharti Airtel on Thursday reported a net profit of Rs 97.3 crore for the April-June period. That marked a 73.5 per cent year-on-year decline compared from a net profit of Rs 367.3 crore for the quarter ended June 2017. The profit was boosted by tax gains in the period. In a regulatory filing, Bharti Airtel said it registered revenue of Rs 20,080 crore during the quarter, which stood 8.6 per cent lower compared with the year-ago period. Analysts had on an average expected a net loss of Rs 308 crore, according to estimates by Thomson Reuters.
For the January-March quarter, the telecom major had registered a net profit of Rs. 82.9 crore over revenue of Rs 19,634 crore. That had marked the company's lowest quarterly profit since the quarter ended June 2003.
Shares in Bharti Airtel had closed 2.2 per cent higher at Rs 360 on the NSE, outperforming the equity markets.
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High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
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You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
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Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
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Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
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India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
