Bharti Hexacom Q1 Results: Profit Down 16%
Revenue down 1% at Rs 2,263 crore.
Bharti Hexacom Ltd.'s standalone net profit decreased 16% sequentially in the first quarter of the current financial year.
The internet service provider posted a profit of Rs 392 crore in the June quarter as compared to Rs 468 crore in the previous quarter, according to an exchange filing on Tuesday.
Bharti Hexacom Q1FY26 Results (Standalone, QoQ)
Revenue down 1% at Rs 2,263 crore versus Rs 2,289 crore.
Net profit down 16.4% at Rs 392 crore versus Rs 468 crore.
Ebitda margin at 51.3% versus 51%.
Ebitda down 0.6% to Rs 1,161 crore versus Rs 1,168 crore.
Shares of Bharti Hexacom closed 0.63% lower at Rs 1,847 crore apiece on the NSE, compared to a 0.3 % fall in the benchmark Nifty. The stock has risen 65.70% in the last 12 months and 26.8% on a year-to-date basis.
Out of the 12 analysts tracking the company, six have a 'buy' rating on the stock, three recommend 'hold' and as many suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential downside of 1.1%.
