Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Bharti Airtel Limited
  6. News
  7. Summary
    532454   INE397D01024

BHARTI AIRTEL LIMITED

(532454)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Vodafone's India unit sees revenue dip as pandemic hits business

08/06/2020 | 07:50am EDT
A hotel employee clears a table after Vodafone Group and Idea Cellular news conference in Mumbai

Vodafone Idea Ltd reported a 5.4% fall in its first-quarter revenue on Thursday, as a nationwide lockdown hurt its business and the telecom company lost subscribers.

The company, a joint venture between Britain's Vodafone Group and billionaire Kumar Mangalam Birla's Idea Cellular, also reported a bigger quarterly loss, as it set aside 194.41 billion rupees for dues owed to the government.

Late last year the country's top court ordered Indian telecom companies to pay 920 billion rupees in overdue levies and interest to the government.

It was "a challenging quarter as availability of recharges due to store closures and ability of customers to recharge on account of economic slowdown were impacted," Chief Executive Officer Ravinder Takkar said.

Vodafone Idea's subscriber base declined to 279.8 million users in the reported quarter, from 291.1 million users in the fourth quarter. Average revenue per user fell to 114 rupees from 121 rupees in the sequentially previous quarter.

The company, India's third largest telecom operator by subscribers reported its eighth consecutive quarterly loss of 254.6 billion rupees, compared with a loss of 48.74 billion rupees a year earlier.

Vodafone Idea's consolidated revenue from operations fell to 106.59 billion rupees during the quarter, compared with 112.70 billion rupees a year earlier.

(Reporting by Philip George in Bengaluru; Editing by Shinjini Ganguli and Shounak Dasgupta)


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BHARTI AIRTEL LIMITED -0.18% 566.9 End-of-day quote.11.31%
VODAFONE GROUP PLC 0.12% 116.52 Delayed Quote.-3.75%
VODAFONE IDEA LIMITED 1.21% 8.3 Delayed Quote.-22.54%
All news about BHARTI AIRTEL LIMITED
07/28Indian shares end down as pharma stocks fall, Fed meeting in focus
RE
07/28Indian Benchmarks Close Lower Midweek; Bharti Airtel Jumps 5%
MT
07/28Bharti Airtel Limited Upgrades Its Prepaid Plans to Offer More Value to Custo..
CI
07/23Indian shares end higher on IT boost; Zomato closes 65% above offer price
RE
07/23Indian shares end higher on IT boost; Zomato closes 65% above offer price
RE
07/23India's top court rejects telecom firms' plea on dues, shares hit
RE
07/21BHARTI AIRTEL : Teams Up with Intel to Accelerate 5G in India
MT
07/19BHARTI AIRTEL : Indian shares post worst day in two months as HDFC Bank drags fi..
RE
07/19Indian shares post worst day in two months as HDFC Bank drags finance stocks
RE
07/16CISCO : Airtel launches Cisco next-gen SD-WAN connectivity solutions for enterpr..
AQ
More news
Financials
Sales 2021 1 019 B 13 705 M 13 705 M
Net income 2021 -156 516 M -2 104 M -2 104 M
Net Debt 2021 1 388 B 18 657 M 18 657 M
P/E ratio 2021 -19,6x
Yield 2021 0,30%
Capitalization 3 112 B 41 903 M 41 831 M
EV / Sales 2021 4,41x
EV / Sales 2022 3,99x
Nbr of Employees 18 017
Free-Float 44,0%
Chart BHARTI AIRTEL LIMITED
Duration : Period :
Bharti Airtel Limited Technical Analysis Chart | 532454 | INE397D01024 | MarketScreener
Technical analysis trends BHARTI AIRTEL LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Last Close Price 566,90 INR
Average target price 706,87 INR
Spread / Average Target 24,7%
EPS Revisions
Managers and Directors
Gopal Vittal CEO, Managing Director & Executive Director
Badal Bagri Co-Chief Financial Officer
Nakul Sehgal Co-Chief Financial Officer
Sunil Bharti Mittal Chairman
Randeep Singh Sekhon Chief Technical Officer & Network Director
Sector and Competitors
1st jan.Capi. (M$)
BHARTI AIRTEL LIMITED11.31%41 903
SOFTBANK CORP.11.37%61 619
CELLNEX TELECOM, S.A.27.40%43 951
SAFARICOM PLC22.34%15 444
MTN GROUP LIMITED72.89%12 846
TELE2 AB16.30%10 174