Bharti Airtel's Q4 net up by 89 percent
Bharti Airtel posted 89 percent jump in net profit in the fourth quarter (January-March) on voice and data business growth, a company statement said here Tuesday.
The net profit for the fourth quarter stood at Rs.962 crore, up from Rs.509 crore posted during the corresponding period last fiscal (2012-13).
The total revenue of the company was up by 13.5 percent at Rs.22,219 crore during the fourth quarter from Rs.19,582 crore in corresponding period in 2012-13.
"The year has ended on a satisfying note, both in operational and financial terms.Network and spectrum investments, a refreshed IT strategy, innovative service platforms and an energised organisation will enable sustained growth in India and South Asia," Gopal Vittal, managing director and chief executive offcier, India & South Asia, said.
The company is present across 17 countries across Africa.
"The quarter was impacted by the seasonal downturn in parts of Africa and regulatory interventions in Nigeria. In the last year, we successfully integrated the acquired business in Uganda, and are confident that we will repeat the success in Congo. Our teams remain focussed on accelerating growth through improving the quality of network, growing the data business and expanding Airtel money base," Christian de Faria, managing director and chief executive officer, Africa, said.
(Posted on 29-04-2014)
Information on States of India:
Andaman Nicobar | Andhra Pradesh | Arunachal Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal
INDIA REGIONAL MAPS:
Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |
KERALA TRAVEL MAPS:
TRAVEL MAPS OF INDIA:
INDIA CITY MAPS: