Bharti Airtel shines on reporting many-fold jump in Q3 consolidated net profit
Bharti Airtel is currently trading at Rs. 1707.50, up by 87.95 points or 5.43% from its previous closing of Rs. 1619.55 on the BSE.
The scrip opened at Rs. 1649.95 and has touched a high and low of Rs. 1707.65 and Rs. 1638.75 respectively. So far 224180 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 1098.00 on 22-Feb-2024.
Last one week high and low of the scrip stood at Rs. 1708.00 and Rs. 1608.00 respectively. The current market cap of the company is Rs. 1030520.93 crore.
The promoters holding in the company stood at 53.11%, while Institutions and Non-Institutions held 43.86% and 3.02% respectively.
Bharti Airtel has reported over six-fold jump in its net profit at Rs 9197.40 crore for Q3FY25 as compared to Rs 1414.40 crore for the same quarter in the previous year. Total income of the company increased by 19.16% at Rs 28865.40 crore for Q3FY25 as compared to Rs 24224.30 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported around six-fold jump in its net profit at Rs 16134.60 crore for the quarter ended December 31, 2024 as compared to Rs 2876.40 crore for the same quarter in the previous year. Total income of the company increased by 18.94% at Rs 45599.00 crore for Q3FY25 as compared to Rs 38339.30 crore for the corresponding quarter previous year.
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