BHARTI AIRTEL Announces Quarterly Results (1QFY20); Net Profit Down 890.7%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

BHARTI AIRTEL Announces Quarterly Results (1QFY20); Net Profit Down 890.7%
Fri, 2 Aug

BHARTI AIRTEL has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

BHARTI AIRTEL Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m200,800206,022207,3790.7%3.3%
Other incomeRs m99754674636.6%-25.2%
TurnoverRs m201,797206,568208,1250.8%3.1%
ExpensesRs m129,350135,564124,491-8.2%-3.8%
Gross profitRs m67,82990,67968,194-24.8%0.5%
DepreciationRs m51,45254,93467,58723.0%31.4%
InterestRs m25,49829,15632,27610.7%26.6%
Profit before taxRs m-8,1247,135-30,923-533.4%
TaxRs m-11,2671,374-6,070-541.8%
Profit after taxRs m3,1435,761-24,853-531.4%-890.7%
Gross profit margin%33.844.032.9
Effective tax rate%138.719.319.6
Net profit margin%1.62.8-11.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 3.3% on a year-on-year (YoY) basis. The expenses were down by 3.8% YoY during the same period.
  • The company's operating profit increased by 0.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 32.9% in 1QFY20 as against 33.8% in 1QFY19.
  • Depreciation charges increased by 31.4% and finance costs increased by 26.6% YoY, respectively.
  • Other income declined by 25.2% YoY during the quarter.
  • Net profit for the quarter declined by 890.7% YoY. Net profit margins during the quarter declined from 1.6% in 1QFY19 to -11.9% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.7% on a quarter-on-quarter (QoQ) basis. The expenses were down by 8.2% QoQ during the same period.
  • The company's operating profit declined by 24.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 32.9% in 1QFY20 as against 44.0% in 4QFY19.
  • Net profit for the quarter declined by 531.4% QoQ, while net profit margins declined from 2.8% in 4QFY19 to -11.9% in 1QFY20.

To see how BHARTI AIRTEL has performed over the last eight quarters,please visit here.

BHARTI AIRTEL Share Price Performance

Over the last one year,BHARTI AIRTEL share price has moved down from Rs 373.0 to Rs 344.0, registering a Loss of Rs 29.0 or around 7.8%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,605.1 (up 1.0%). Over the last one year it has moved up from 7,354.8 to 7,605.1, a gain of 250 points (up 3.4%).

Overall, the S&P BSE SENSEX is down 0.9% over the year.

Current Valuations

At the current price of Rs 344.0, the price to book value (P/BV) ratio of BHARTI AIRTEL stands at 2.0 times.

Equitymaster requests your view! Post a comment on "BHARTI AIRTEL Announces Quarterly Results (1QFY20); Net Profit Down 890.7%". Click here!

  

Related Views on News

BHARTI AIRTEL 2019-20 Annual Report Analysis (Annual Result Update)

Oct 23, 2020 | Updated on Oct 23, 2020

Here's an analysis of the annual report of BHARTI AIRTEL for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of BHARTI AIRTEL. Also includes updates on the valuation of BHARTI AIRTEL.

BHARTI AIRTEL 2018-19 Annual Report Analysis (Annual Result Update)

Sep 9, 2019 | Updated on Sep 9, 2019

Here's an analysis of the annual report of BHARTI AIRTEL for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of BHARTI AIRTEL. Also includes updates on the valuation of BHARTI AIRTEL.

BHARTI AIRTEL Announces Quarterly Results (4QFY19); Net Profit Up 144.7% (Quarterly Result Update)

May 8, 2019 | Updated on May 8, 2019

For the quarter ended March 2019, BHARTI AIRTEL has posted a net profit of Rs 6 bn (up 144.7% YoY). Sales on the other hand came in at Rs 206 bn (up 4.9% YoY). Read on for a complete analysis of BHARTI AIRTEL's quarterly results.

BHARTI AIRTEL Announces Quarterly Results (3QFY19); Net Profit Down 30.0% (Quarterly Result Update)

Feb 4, 2019 | Updated on Feb 4, 2019

For the quarter ended December 2018, BHARTI AIRTEL has posted a net profit of Rs 4 bn (down 30.0% YoY). Sales on the other hand came in at Rs 205 bn (up 1.0% YoY). Read on for a complete analysis of BHARTI AIRTEL's quarterly results.

More Views on News

Most Popular

Not Infosys or Wipro. India's Next Wealth Creators Could Be Drone Stocks(Profit Hunter)

Nov 25, 2020

India's drones directorate signals the next big defence tech multibaggers.

It's Time to Book Profits(Fast Profits Daily)

Nov 27, 2020

In my first video on Equitymaster, I want to introduce you my proprietary greed and fear index. It's telling us to book some profits in the market.

How the New Margins Will Impact You(Fast Profits Daily)

Nov 25, 2020

The new rules on margins will come into effect from 1st December. Are you ready?

Create Wealth for Yourself in India's Drone Revolution(Profit Hunter)

Nov 27, 2020

The Chinese drone market is 14 times that of India's. Billions may flow into Indian drone companies too. Don't miss out on this wealth creating opportunity.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

BHARTI AIRTEL SHARE PRICE


Dec 4, 2020 (Close)

TRACK BHARTI AIRTEL

  • Track your investment in BHARTI AIRTEL with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

BHARTI AIRTEL - CHINA MOBILE COMPARISON

COMPARE BHARTI AIRTEL WITH

MARKET STATS