Bharti Airtel Ltd Q1FY18
Consolidated Results Q1FY18: (Rs. in crore)
|EBITDA Margin (%)||35.3|||
Bharti Airtel's Q1FY18 consolidated results for the quarter beat consensus estimates on Net profit. Net profit for the quarter came in 42% higher than the estimated figure of Rs. 435 crore. Revenue for the quarter came in line with the estimated figure of Rs. 22028 crore. Also, EBITDA for the quarter came in 2.1% higher than the estimated figure of Rs. 7600 crore.
Bharti Airtel consolidated revenue for the quarter came in at Rs. 21958 crore, registering 14.1% yoy decline. This was primarily driven by decline in the revenue of mobile service segment of Africa and India by 22.3% and 14.1% yoy respectively.
EBITDA for the quarter fell by 18.8% yoy to Rs. 7758 crore with a corresponding margin contraction of 204 bps. EBITDA margin for the quarter stood at 35.3%.
Reported PAT for the quarter came in at Rs. 618 crore, yoy decline of 58.4%.
Bharti Airtel Ltd ended at Rs. 427.60, up by 7.4 points or 1.76% from its previous closing of Rs. 420.20 on the BSE.
The scrip opened at Rs. 421.10 and touched a high and low of Rs. 431 and Rs. 419.20 respectively. A total of 70,25,057(NSE+BSE) shares were traded on the counter. The stock traded below its 50 DMA.
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