X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
BHARTI AIRTEL Announces Quarterly Results (2QFY19); Net Profit Down 88.8%

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 (2QFY19); Net Profit Down 88.8%
Fri, 9 Nov

BHARTI AIRTEL has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

BHARTI AIRTEL Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m217,769200,800204,2251.7%-6.2%
Other incomeRs m553997694-30.4%25.5%
TurnoverRs m218,322201,797204,9191.5%-6.1%
ExpensesRs m135,195129,350139,6878.0%3.3%
Gross profitRs m82,57467,82963,089-7.0%-23.6%
DepreciationRs m46,87351,45252,3661.8%11.7%
InterestRs m23,26625,49833,03429.6%42.0%
Profit before taxRs m12,988-8,124-21,617-266.4%
TaxRs m5,341-11,267-22,476-520.8%
Profit after taxRs m7,6473,143859-72.7%-88.8%
Gross profit margin%37.933.830.9
Effective tax rate%41.1138.7104.0
Net profit margin%3.51.60.4
* 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 fell 6.2% on a year-on-year (YoY) basis. The expenses were up by 3.3% YoY during the same period.
  • The company's operating profit declined by 23.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 30.9% in 2QFY19 as against 37.9% in 2QFY18.
  • Depreciation charges increased by 11.7% and finance costs increased by 42.0% YoY, respectively.
  • Other income increased by 25.5% YoY during the quarter.
  • Net profit for the quarter declined by 88.8% YoY. Net profit margins during the quarter declined from 3.5% in 2QFY18 to 0.4% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 1.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 8.0% QoQ during the same period.
  • The company's operating profit declined by 7.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 30.9% in 2QFY19 as against 33.8% in 1QFY18.
  • Net profit for the quarter declined by 72.7% QoQ, while net profit margins declined from 1.6% in 1QFY18 to 0.4% in 2QFY19.

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 up from Rs 503.9 to Rs 298.1, registering a Loss of Rs 205.8 or around 40.8%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,087.8 (down 1.4%). Over the last one year it has moved up from 6,131.5 to 7,087.8, a gain of 956 points (up 15.6%).

Overall, the S&P BSE SENSEX is up 5.3% over the year.

Current Valuations

At the current price of Rs 298.1, the price to earnings (P/E) ratio of BHARTI AIRTEL stands at 99.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.7 times.

Equitymaster requests your view! Post a comment on "BHARTI AIRTEL Announces Quarterly Results (2QFY19); Net Profit Down 88.8%". Click here!

  

Related Views on News

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.

BHARTI AIRTEL 2017-18 Annual Report Analysis (Annual Result Update)

Aug 17, 2018 | Updated on Aug 17, 2018

Here's an analysis of the annual report of BHARTI AIRTEL for 2017-18. 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 (1QFY19); Net Profit Down 14.9% (Quarterly Result Update)

Jul 30, 2018 | Updated on Jul 30, 2018

For the quarter ended June 2018, BHARTI AIRTEL has posted a net profit of Rs 3 bn (down 14.9% YoY). Sales on the other hand came in at Rs 201 bn (down 8.6% YoY). Read on for a complete analysis of BHARTI AIRTEL's quarterly results.

Stock for An Antifragile Portfolio (Profit Hunter)

Nov 17, 2017

Stocks that will gain from disruption - and make you profits while other sink.

More Views on News

Most Popular

Are You Ready for the Big Nifty Move in the March Expiry?(Profit Hunter)

Mar 8, 2019

History suggests the Nifty could make a big move in March. Are you prepared to benefit from this opportunity?

Smallcaps Are Rallying and You Need to Make the Most of It Now(Profit Hunter)

Mar 7, 2019

Did you just miss the smallcap rally? Or is there still time to catch up? Read on for answers and more...

The One Sector to Bet on Today as India Grows into a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Mar 7, 2019

India's defence sector is suddenly under the spotlight. Can this sector ride along India's long-term growth story?

Is it the Right Time to Buy Mid and Small Caps Now?(The 5 Minute Wrapup)

Mar 6, 2019

Mid and Small Caps have underperformed large caps in the past year. Is the tide about to turn?

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

BHARTI AIRTEL SHARE PRICE


Mar 19, 2019 (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 - HIMACHAL FUTURISTIC COMPARISON

COMPARE BHARTI AIRTEL WITH

MARKET STATS