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Bharti Airtel - Fixes Book Closure for Dividend from May 25, 2013 to May 31, 2013 (both days inclusive) for the Payment of Dividend 3 days ago
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Bharti Airtel Q4 Net Halves To Rs 509 Cr
Bharti Airtel, country's largest telecom company by revenues and customers, on Thursday reported a decline of 50 per cent in net profits for the fourth quarter ended March 2013 at Rs 509 crore, marking thirteenth straight quarter of lower profits. The company had posted a net profit of Rs 1,006 crore during the same period a year ago, said Bharti Airtel in a filing to the Bombay Stock Exchange (BSE) on May 2, 2013. Bharti Airtel said its net profit were mainly impacted by higher depreciation and amortization costs of Rs 515 crore and net interest costs of Rs 132 crore. Consolidated EBITDA margin at 31.7 per cent improved on a sequential basis from 30.6 per cent driven by expansion of EBITDA margin in India. Revenues in Q4 on a consolidated basis stood at Rs 20,448 crore grew by 9.2 per cent over the corresponding period last year, led by strong growth of 71 per cent in mobile internet in India. The company said it has agreed to buy rest of the 30 per cent stake in Bangladeshi unit from Warid Group for an undisclosed amount
Source - Bharti Airtel
Bharti Airtel - Announces Q4 & FY 13 Results Alongwith Auditors Report
Bharti Airtel Ltd has announced the following results for the quarter & year ended March 31, 2013
The Audited Standalone results for the Quarter ended March 31, 2013
The Company has posted a net profit of Rs 10844.00 million for the quarter ended March 31, 2013 as compared to Rs 15743.00 million for the quarter ended March 31, 2012. Total Income has increased from Rs 109435.00 million for the quarter ended March 31, 2012 to Rs 116401.00 million for the quarter ended March 31, 2013.
The Audited results for the Year ended March 31, 2013
The Company has posted a net profit of Rs 50963.00 million for the year ended March 31, 2013 as compared to Rs 57300.00 million for the year ended March 31, 2012. Total Income has increased from Rs 422285.00 million for the year ended March 31, 2012 to Rs 468140.00 million for the year ended March 31, 2013.
The Audited Consolidated results for the Quarter ended March 31, 2013
The Group has posted a net profit of Rs 5086.00 million for the quarter ended March 31, 2013 as compared to Rs 10059.00 million for the quarter ended March 31, 2012. Total Income has increased from Rs 187388.00 million for the quarter ended March 31, 2012 to Rs 204604.00 million for the quarter ended March 31, 2013.
The Audited results for the Year ended March 31, 2013
The Group has posted a net profit of Rs 22757.00 million for the year ended March 31, 2013 as compared to Rs 42594.00 million for the year ended March 31, 2012. Total Income has increased from Rs 715058.00 million for the year ended March 31, 2012 to Rs 803590.00 million for the year ended March 31, 2013.
Source - Bharti Airtel
Infosys Gets Learning Excellence And Innovation Award 2013 From CorpU
IT major, Infosys Ltd said that it has received Learning Excellence and Innovation Award 2013 from CorpU, a talent development insight and education provider in United States for the Connect Architecture program led by Infosys. Connect Architecture is a unique community-driven initiative to nurture and develop IT architects which has been recognized as an "Exemplary" practice during the 14th annual CorpU Learning Excellence and Innovation Award, the company said in filing to the Bombay Stock Exchange. Moreover, Connect Architecture is a joint program of Infosys Education and Research, Infosys Labs and the company's quality department.
Source - Infosys