Result impact: Brokerage views on Bharti Airtel, RIL, ICICI Bank

Here's how leading brokerages have interpreted the numbers of frontline companies like Bharti Airtel, RIL and ICICI Bank

Bharti Airtel, Reliance Industries (RIL) and ICICI Bank are among the frontline companies that announced their respective June quarter (Q1FY19) results over the past few days. 

Mukesh Ambani – controlled RIL posted a 17.9 per cent year-on-year growth in its June 2018 quarter (Q1) net profit at Rs 94.59 billion. Revenue for the period under review surged 54.3 per cent y-o-y to Rs 1.29 trillion.

ICICI Bank and Bharti Airtel, on the other hand, saw a drop in their profitability. ICICI Bank reported its first-ever loss amounting to Rs 1.2 billion for the June 2018 quarter (Q1) on Friday as