Shares of Bharti Airtel traded with modest gains, a day after the company 89 per cent year-on-year rise in consolidated net profit for second quarter ended September 2022 to Rs 2,145 crore. The counter hit an intra-day high of Rs 838.90 on the BSE before trimming gains.
The total revenue rose 22 per cent year-on-year (YoY) to Rs 34,527 crore during period under review, the company said in a statement. READ ABOUT IT HERE
Here's how leading brokerages have interpreted Bharti Airtel's September 2022 quarter numbers.
Jefferies
Bharti Airtel's Q2-FY23 revenues beat estimates due to higher India-mobile average