Thursday, 14 November 2019

BHARTI AIRTEL Q2 RESULTS.

Country's third-largest telecom operator BHARTI AIRTEL has posted a massive loss of Rs 23,044.9 crore in Q2FY20, dented by exceptional loss for license fee and spectrum usage charge (SUC) especially after an unfavourable verdict from Supreme Court on adjusted gross revenue (AGR) dues.

The company had reported a loss of Rs 2,866 crore in the June quarter and a profit of Rs 118.8 crore in the year-ago period.

 The exceptional loss for the quarter stood at Rs 30,711 crore against Rs 144.9 crore in June quarter, the company said
"Exceptional charge during the quarter ended September 30, 2019, was Rs 22,394.4 crore (net of tax) which comprises of a charge on account of license fee and SUC of Rs 16,815 crore and Rs 11,635 crore, respectively; accelerated depreciation on 3G network equipment / operating costs on network re-farming and up-gradation program, incremental provision mainly pertaining to customary indemnities to a clutch of investors of Airtel Africa plc determined on the basis of methodology settled prior to listing and credit pertaining to re-assessment of levies based on a recent judgement of Rs 751.5 crore, Rs 3,063.5 crore and Rs 1,554 crore respectively," company said in its BSE filing.

 Revenue from operations increased 1.9 percent sequentially (up 4.9 percent YoY) to Rs 21,131.3 crore.

 Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 5.2 percent QoQ (up 41 percent YoY) to Rs 8,936.3 crore in the quarter ended September 2019. Margin expanded to 42.3 percent during the quarter, up 130bps sequentially and 1,080bps YoY.

Disclaimer - This post is just for information only before taking any action on buy or sell of stock make your own research or ask to your financial advisor.

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26 comments:

  1. Midhun14 November 2019 at 18:07

    If 20_25 points down at opening, can we take shortt after that

    ReplyDelete
    Replies
    1. Raj Dattani14 November 2019 at 18:29

      Read what written at last this post if for information only

      I don't recommend any trade on it

      Delete
  2. Kk14 November 2019 at 22:03

    Hi bai i have 11800 ce 20 lots can i hold r sell

    ReplyDelete
    Replies
    1. Raj Dattani14 November 2019 at 23:06

      If you are holding ce than exit
      If you are holding pe than hold

      Delete
  3. Anonymous15 November 2019 at 01:33

    Sir i have Aurobindo pharma stocks 100 @457 what can i do can hold it for 15 days
    Stock can up or not

    ReplyDelete
  4. Satya15 November 2019 at 09:18

    Sir ji
    DIXOn hitted more than SL yesterday itself

    ReplyDelete
    Replies
    1. Raj Dattani15 November 2019 at 09:45

      Check sl was much far 3220 it moved to 3235-3240 only yesterday

      Delete
    2. Satya15 November 2019 at 10:37

      Sir ji
      At 3.15 it made low of 3190
      It hit my sl

      Delete
    3. Raj Dattani15 November 2019 at 12:00

      Ok if you are saying than it will be right it may hitted your sl from inside only may not sustian below it

      Delete
  5. Anonymous15 November 2019 at 09:54

    Rajsir last 3-4 din me bhut loss hua he koi ek sure shot call do plz

    ReplyDelete
  6. Anze15 November 2019 at 16:01

    Sir
    After such a bad result, how is it going up about 8-10%

    ReplyDelete
  7. Satya15 November 2019 at 16:29

    Sir one sure shot of Future next week if possible to generate good returns

    ReplyDelete
    Replies
    1. Raj Dattani15 November 2019 at 17:03

      Sure shot of future may be not possible

      In cash market if i find i will share

      Delete
    2. Satya16 November 2019 at 20:37

      Sir ji
      Lost time you said we wil start f&o calls in 10 to 15 days. Is this not good time to do with futures

      Delete
    3. Raj Dattani16 November 2019 at 22:29

      Yes currently cash market stocks moves are much better than futures

      We trade only where is opportunity

      2 months ago from last 6 months we were trading in futures only because there was opportunity now we are trading in cash market only because now here is opportunity

      When there will be time for futures i will share it

      Delete
  8. Unknown16 November 2019 at 12:13

    Hi sir my name shivaprasad
    Its right time to buy yes bank share i am planning to buy 2000 shares what about u r opinion sir

    ReplyDelete
    Replies
    1. Raj Dattani16 November 2019 at 22:30

      Yesbank is full of risk it is like hero or zero if you want to take risk than you can buy it

      Delete
  9. sankarshana1016 November 2019 at 22:39

    Sir, how sad that after such huge loss, airtel went to 52 weeks high, why this

    ReplyDelete
  10. Sandeep18 November 2019 at 15:57

    Dear sir...

    Todya as u said i have buy fine organic 10 qty 2030 and granules 100 qty @127

    Not reading your last comment to only hold granules...

    Hold both script...

    Pls suggested tommarrow booking time...

    ReplyDelete
    Replies
    1. Raj Dattani18 November 2019 at 16:39

      No problem

      Exit fine organic on morning it may open gap up only

      Granules keep Sl of 125 and book as per your wish or wait for update

      Delete
  11. Anze18 November 2019 at 20:28

    Sir how long can this result reaction last?
    Eventually it should go down, right.??

    ReplyDelete

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