Try GOLD - Free
Bharti profit soars fourfold, surpasses analyst estimates
Financial Express Kolkata
|February 07, 2025
BHARTI AIRTEL on Thursday posted a higher-than-estimated net profit for the third quarter ended December due to a one-time gain of ₹14,322 crore from the consolidation of Indus Towers business, reversal of provision created for input tax credit on passive infrastructure services, and gain from currency appreciation in Africa.
As a result, the telco logged a net profit of ₹14,781 crore, a fourfold jump sequentially, beating Bloomberg estimate of ₹5,023 crore. Excluding the net exceptional gain of ₹7,545 crore, the profit was still above estimates at ₹7,236.
This story is from the February 07, 2025 edition of Financial Express Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kolkata
Financial Express Kolkata
Markets on the edge as US-Iran talks collapse
INVESTOR WEALTH DROPS BY %2.1 LAKH CRORE
1 mins
April 14, 2026
Financial Express Kolkata
Imports of edible oil rise 12% in March
INDIA'S EDIBLE OILS imports rose 12% annually to 11.73 lakh tonne in March on higher shipments of crude palm oil, and the imports may be subdued in coming months due to firm global prices and high freight cost amid the West Asia conflict, according to industry body SEA.
1 min
April 14, 2026
Financial Express Kolkata
India, Oman discuss ways to boost trade, investment
COMMERCE AND INDUSTRY Minister Piyush Goyal on Monday held talks with his Omanese counterpart Anwar bin Hilal bin Hamdoun Al Jabri on ways to promote bilateral trade and investment.
1 min
April 14, 2026
Financial Express Kolkata
India stares at second-order effects: Experts
A COMPLETE BLOCKADE of the strategic Strait of Hormuz, as announced by US President Donald Trump, would have minimal direct impact on India's immediate crude flows but the second-order effects could be significant, experts have said.
2 mins
April 14, 2026
Financial Express Kolkata
ICICI Pru Q4 profit rises 10.4%
ICICI PRUDENTIAL AMC, the second-biggest fund house of India in terms of managed assets, on Monday reported a 24.43% year-on-year growth in net profit from %2,651 crore to €3,298 crore —in FY26.
1 min
April 14, 2026
Financial Express Kolkata
RBI returns Ujjivan plea for universal banking licence
UJJIVAN SMALL FINANCE Bank on Monday said the Reserve Bank of India (RBI) has returned its application to transition into a universal bank and asked it to reapply after achieving greater diversification in its loan book.
1 min
April 14, 2026
Financial Express Kolkata
Strait open to India, ships didn't pay toll: Iran envoy
INDIAN TANKERS THAT have transited through the Strait of Hormuz did not pay tolls to Iran, Tehran's ambassador to New Delhi said on Monday, after US President Donald Trump vowed to block passage for vessels making payments to Iran and threatened to \"eliminate\" any Iranian
1 mins
April 14, 2026
Financial Express Kolkata
SC: Voters caught between constitutional entities
Top court flags deletion of names in Bengal SIR
1 mins
April 14, 2026
Financial Express Kolkata
Tata Motors, M&M poised to gain most from Delhi EV policy
DOMESTIC AUTOMAKERS TATA Motors and Mahindra & Mahindra are likely to be the biggest beneficiaries of Delhi’s proposed electric vehicle (EV) policy, as its incentives are aligned with their existing portfolios and pricing strategy.
1 mins
April 14, 2026
Financial Express Kolkata
Myntra appoints insider Sharon Pais as new CEO
WALMART-OWNED FLIP-KART group on Monday appointed Sharon Pais as chief executive officer of Myntra with immediate effect, signalling a key leadership transition ahead of a potential public listing.
1 mins
April 14, 2026
Listen
Translate
Change font size