Airtel results signal Indian mobile sector rebound: Fitch Ratings
Bharti's ratings headroom is likely to improve with an equity infusion, planned asset sales and growing Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) from Africa, it noted.
May 09, 2019, 10:06 AM IST
Airtel Q4 net profit up 29% to Rs 107 crore on exceptional gain
The company -- whose profitability has been battered by intense price competition posed by richest Indian Mukesh Ambani's Reliance Jio -- earned a net profit of Rs 107.2 crore in January-March against Rs 82.9 crore it earned in the same period of the previous fiscal.
May 07, 2019, 09:31 AM IST
