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

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 (4QFY19); Net Profit Up 144.7%
Wed, 8 May

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

BHARTI AIRTEL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m196,343205,192206,0220.4%4.9%
Other incomeRs m753675546-19.1%-27.5%
TurnoverRs m197,096205,867206,5680.3%4.8%
ExpensesRs m121,623143,012135,564-5.2%11.5%
Gross profitRs m71,47376,31790,67918.8%26.9%
DepreciationRs m48,99154,72354,9340.4%12.1%
InterestRs m23,90220,16929,15644.6%22.0%
Profit before taxRs m-6672,1007,135239.8%
TaxRs m-3,021-1,8241,374
Profit after taxRs m2,3543,9245,76146.8%144.7%
Gross profit margin%36.437.244.0
Effective tax rate%452.9-86.919.3
Net profit margin%1.21.92.8
* 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 4.9% on a year-on-year (YoY) basis. The expenses were up by 11.5% YoY during the same period.
  • The company's operating profit increased by 26.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 44.0% in 4QFY19 as against 36.4% in 4QFY18.
  • Depreciation charges increased by 12.1% and finance costs increased by 22.0% YoY, respectively.
  • Other income declined by 27.5% YoY during the quarter.
  • Net profit for the quarter increased by 144.7% YoY. Net profit margins during the quarter increased from 1.2% in 4QFY18 to 2.8% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 5.2% QoQ during the same period.
  • The company's operating profit increased by 18.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 44.0% in 4QFY19 as against 37.2% in 3QFY18.
  • Net profit for the quarter increased by 46.8% QoQ, while net profit margins increased from 1.9% in 3QFY18 to 2.8% in 4QFY19.

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 400.8 to Rs 326.1, registering a Loss of Rs 74.7 or around 18.6%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,649.5 (down 0.7%). Over the last one year it has moved up from 6,871.0 to 7,649.5, a gain of 778 points (up 11.3%).

Overall, the S&P BSE SENSEX is up 8.0% over the year.

Current Valuations

At the current price of Rs 326.1, the price to earnings (P/E) ratio of BHARTI AIRTEL stands at 95.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.9 times.

Equitymaster requests your view! Post a comment on "BHARTI AIRTEL Announces Quarterly Results (4QFY19); Net Profit Up 144.7%". Click here!

  

Related Views on News

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 (1QFY20); Net Profit Down 890.7% (Quarterly Result Update)

Aug 2, 2019 | Updated on Aug 2, 2019

For the quarter ended June 2019, BHARTI AIRTEL has posted a net profit of Rs 25 bn (down 890.7% YoY). Sales on the other hand came in at Rs 207 bn (up 3.3% 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

My Latest Stock Recommendation(Fast Profits Daily)

Oct 9, 2020

How I picked an exciting stock using trends from both the commodity and equity markets.

The 'Seedhi Baat, No Bakwaas' View on ITC(Profit Hunter)

Oct 12, 2020

Is ITC an investment or a speculation at current levels?

One of the Best Investment Opportunities in the Market Right Now(Fast Profits Daily)

Oct 16, 2020

The one sector that you should be looking at to make good profits.

The Inflection Point for Defence Stocks is Getting Closer(Profit Hunter)

Oct 9, 2020

Few Indian defence companies could use their engineering capabilities to eventually become global leaders.

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


Oct 22, 2020 02:30 PM

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 5-YR ANALYSIS

COMPARE BHARTI AIRTEL WITH

MARKET STATS