Bharti Airtel Q4 results strong: Brokerages give their verdict on stock
Brokerages expect that the company’s earnings growth to remain soft in the near term due to slow market share gain and limited tariff hikes, but the company is posed to benefit from the sectoral tailwinds going ahead.
Telecom major Bharti Airtel reported a consolidated net profit of ₹3,005.6 crore in the quarter ended March 2023, registering a growth of 50% year-on-year (YoY). The company’s consolidated revenue increased 14.3% YoY to ₹36,009 crore.
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