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Bharti Airtel Q2 Results: Sixth Straight Quarterly Loss Even As ARPU Improves

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5 years ago

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Bharti Airtel Q2 Results: Sixth Straight Quarterly Loss Even As ARPU Improves

Bharti Airtel Ltd. Reported a loss for the 6th consecutive area while its common sales in keeping with consumer stepped forward to over a 3-year-high.
Net lack of the Sunil Mittal-owned telecom operator stood at Rs 763 crore withinside the area ended September as compared with a internet lack of Rs 15,933 crore withinside the previous 3 months, in line with an change filing. Analysts’ estimates compiled via way of means of BloombergQuint had pegged the earnings at Rs 126.6 crore.
In the preceding area, Airtel had visible its internet loss widen because it set apart one-time provisioning of Rs 10,744 crore to pay for adjusted gross sales liabilities as mandated via way of means of the Supreme Court of India.
Revenue rose 7.7% sequentially to Rs 25,785 crore withinside the July-September area, as compared with the Rs 24,571.8-crore forecast.
Operating earnings rose 11.3% to Rs 11,848 crore.
Margin accelerated 46% from 43.5% withinside the April-June period.
Average sales in keeping with consumer—the quantity Airtel earns in keeping with subscriber in keeping with month—rose to Rs 162 from Rs 157.
Indian telecom became one of the only a few sectors that remained protected from a main effect because of the Covid-19 pandemic. Barring a slower subscriber boom and decrease recharges, telecom companies have been surprisingly unaffected from the pandemic.
However, their woes have been irritated after an October 2019 ruling stated non-center sales need to be covered whilst calculating statutory levies. The extrade in definition elevated liabilities of Airtel and Vodafone Idea Ltd. To north of Rs 90,000 crore.
With the Supreme Court now having granted telecom operators 10 years to stagger and clean in their dues, analysts have stated that Bharti Airtel is nicely positioned to gain because of its wholesome coins flows.
“Bharti Airtel stays in a candy spot withinside the contemporary surroundings to faucet the growth in Ebitda opportunity — both from charge hike required via way of means of Vodafone Idea to live afloat (extra likely) or from marketplace proportion profits in case Vodafone Idea shuts operations,” Motilal Oswal stated.
Besides, the company’s Africa unit stated 13.3% area-on-area sales boom withinside the 3 months ended September. Net earnings, too, rose 54.3% sequentially. Its consumer base rose four.four% over the previous area to 116.four million.
Shares of Bharti Airtel closed 0.17% decrease earlier than the outcomes have been announced, as compared with a 1.03% benefit withinside the benchmark Nifty 50 Index.

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Also Read : 43,893 NEW CASES OF COVID-19 RECORDED IN INDIA ON WEDNESDAY MORNING

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Bollywood

Siddharth Malhotra carries pregnant wife Kiara Advani’s bag in unseen pic from New York ahead of Met Gala 2025

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3 days ago

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May 6, 2025

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Siddharth Malhotra carries pregnant wife Kiara Advani’s bag in unseen pic from New York ahead of Met Gala 2025

One of Bollywood actor Kiara Advani’s most exciting and memorable years will be 2025. Kiara and her famous husband, Sidharth Malhotra, revealed their first child’s impending arrival in February of this year. The couple and soon-to-be parents were seen outside a hospital two weeks ago, and Kiara was the first to show off her gorgeous baby bulge and pregnancy glow.

To top it all off, Kiara will soon be attending her first Met Gala! She and Siddharth were photographed outside their New York hotel only last night. A fan posted this photo of Kiara Advani and Siddharth Malhotra on social media when they arrived at their New York hotel. Now, it has In a heartwarming display of affection, Bollywood actor Sidharth Malhotra.

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Recently spotted in New York City carrying his pregnant wife Kiara Advani’s handbag, ahead of her much-anticipated Met Gala 2025 debut. The candid moment, captured outside their hotel, quickly went viral on social media, with fans praising Siddharth’s supportive gesture

Kiara, expecting her first child with Siddharth, looked radiant in an oversized jacket layered over a midi dress, subtly showcasing her baby bump. Siddharth, dressed casually in a button-down shirt, followed closely behind, holding her white handbag—a simple yet touching act that resonated with fans online. The photo, shared on Reddit, garnered comments like.

The couple, who tied the knot in February 2023, announced their pregnancy earlier this year. Kiara’s appearance at the Met Gala marks a significant milestone, as she prepares to walk the red carpet in a custom Gaurav Gupta ensemble. While it’s yet to be confirmed if Siddharth will accompany her on the red carpet, his presence in New York underscores his unwavering.

Fans eagerly await Kiara’s Met Gala debut, anticipating a blend of Bollywood glamour and appearance at the Met Gala marks a significant milestone to walk the red He’s holding her bag they’re so highlighting the couple’s endearing dynamic international fashion flair. With Siddharth by her side, the couple continues to capture hearts, embodying love and partnership both on and off the screen support during this special time.

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In a heartwarming moment captured in New York City, Bollywood actor Siddharth Malhotra was seen carrying his pregnant wife Kiara Advani’s handbag as they entered their hotel ahead of the Met Gala 2025. The candid photograph, shared by a fan on Reddit, quickly went viral, with fans praising Siddharth’s supportive gesture Kiara, expecting her first child Siddharth.

Looked radiant in an oversized jacket layered over a midi dress, subtly showcasing her baby bump. Siddharth, dressed casually in a button-down shirt, followed closely behind, holding her white handbag—a simple yet touching act that resonated with fans online The couple, who tied the knot in February 2023, announced their pregnancy earlier this year. Kiara’s appearanc.

At the Met Gala marks a significant milestone, as she prepares to walk the red carpet in a custom Gaurav Gupta ensemble. While it’s yet to be confirmed if Siddharth will accompany her on the red carpet, his presence in New York underscores his unwavering support during this special time Fans eagerly await Kiara’s Met Gala debut, anticipating a blend of Bollywood.

Glamour and international fashion flair. With Siddharth by her side, the couple continues to capture hearts, embodying love and partnership both on and off the screen Kiara, expecting her first child with, looked radiant in an oversized jacket layered over a midi dress, subtly showcasing her baby bump. , dressed casually in a button-down shirt, followed Kiara’s carpet in a custom Gaurav Gupta ensemble.

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