Bharti Airtel’s consolidated revenue was 1% higher, but EBITDA/EBIT (down 5.6%/11.4% q-o-q) came in 1.6%/4.4% lower vs. our estimates. Revenue surprise would have been meaningful (approximately 2.4%), but for the prepaid ban in J&K circle (now lifted) and impact of IMEI related SIM deactivations. net income (down approx 5% q-o-q) still came in 1% higher, [...]
You may also like
Recommendation
Popular Post
- Budget 2010 : Paper: Retain customs duty on paper at 10%
- Budget 2010 : Textiles: Slash excise duty on Man Made Fiber (MMF)
- United Bank IPO Analysis, Updates, Company Profile, Risk and Concern Outlook and Much more
- Budget 2010 : Biotech industry seeks fiscal sops
- Budget 2010 :Benefit to Stocks/sectors you should bet on post Budget
{ 3 comments }