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RCOM records steep increase in profit du...

Reliance Communications (RCOM) has recorded a steep increase in its profit for the quarter ended September 2018 on account of one-time gain from business structuring and non-provisioning of interest to be paid to lenders. The operator’s consolidated profit stood at Rs 11.41 billion during the quarter ended September 2018 as opposed to a loss of Rs 27.12 billion during the quarter ended September 2017. 

Airtel reports results for Q2 2018-19; p...

Bharti Airtel reported a net profit of Rs 1.19 billion in the July-September 2018 quarter, up from Rs 970 million recorded in preceding quarter, aided by a one-time deferred tax gain (of about Rs 26.33 billion). The operator revenue rose 1.7 per cent sequentially to Rs 204.23 billion. The operating profit fell 7.7 per cent to Rs 62.44 billion.

Sterlite Tech consolidated net profit gr...

Sterlite Tech has recorded an increase of 84 per cent in its consolidated net profit from Rs 712.3 million during July-September 2017 to Rs 1.31 billion during July-September 2018.

Bharti Infratel records 6 per cent decli...

Bharti Infratel has registered a six per cent year-on-year (Y-o-Y) decline in net profit during the quarter ended September 2018. The company’s consolidated net profit fell from Rs 6.38 billion during the quarter ended September 2017 to Rs 6 billion during the quarter ended September 2018.

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