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Bharti Airtel Q4 Results Live : profit falls by 31.08% YOY
Bharti Airtel Q4 Results Live : Revenue increased by 4.42% YoY & profit decreased by 31.08% YoY
Bharti Airtel Q4 Results Live : Bharti Airtel declared their Q4 results on 14 May, 2024, with the topline increasing by 4.42% year-on-year. However, the profit witnessed a decline of 31.08% compared to the same quarter last year. In comparison to the previous quarter, the revenue went down by 0.79% and the profit decreased by 15.17%.
The Selling, general & administrative expenses saw a rise of 1.79% quarter-on-quarter and a 5.63% increase year-on-year.
The operating income took a hit, down by 28.89% sequentially and a decrease of 26.45% year-on-year for Bharti Airtel.
The earnings per share (EPS) for Q4 stood at ₹6.61, showing a growth of 26.64% year-on-year.
Over the last week, Bharti Airtel's returns were at -0.14%, while the company delivered 37.36% returns in the last 6 months and 24.42% year-to-date.
Currently, Bharti Airtel holds a market capitalization of ₹764171.6 Cr, with a 52-week high/low of ₹1354 & ₹783.9 respectively.
Analysts covering the company have varied opinions as of 15 May, 2024, with 1 analyst giving a Sell rating, 7 analysts with a Hold rating, 8 analysts recommending Buy, and 10 analysts suggesting Strong Buy.
The consensus recommendation as of 15 May, 2024, leans towards a Buy for Bharti Airtel.
Bharti Airtel Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 37599.1 | 37899.5 | -0.79% | 36009 | +4.42% |
| Selling/ General/ Admin Expenses Total | 3430.6 | 3370.3 | +1.79% | 3247.8 | +5.63% |
| Depreciation/ Amortization | 10075.2 | 10074.3 | +0.01% | 9405.9 | +7.12% |
| Total Operating Expense | 30765 | 28289.2 | +8.75% | 26717.8 | +15.15% |
| Operating Income | 6834.1 | 9610.3 | -28.89% | 9291.2 | -26.45% |
| Net Income Before Taxes | 2778 | 4108.4 | -32.38% | 5014 | -44.6% |
| Net Income | 2071.6 | 2442.2 | -15.17% | 3005.6 | -31.08% |
| Diluted Normalized EPS | 6.61 | 4.33 | +52.75% | 5.22 | +26.64% |
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₹2071.6Cr
₹37599.1Cr
First Published:15 May 2024, 02:17 PM IST
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