Bharti Airtel Q1 reviews: Loss widens, provision for AGR dues hurt | Rajiv Sharma to ET NOW
Автор: ET Now
Загружено: 2020-07-30
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Bharti Airtel is immensely affected because of the aggressive provision for AGR dues. The telecom company has reported a net loss at ₹ 15,933 crores. The EBITDA is up by 3.02% from ₹ 10326 to ₹ 10639 respectively.
‘If you look at the quarter the R2 has marginally improved but the subscriber count declined, so on a broader effect, the R2s are quite stable for this quarter. I would say it is a steady performance given the fact that you have destructions this quarter. The lockdown is also responsible for such a loss’ says Rajiv Sharma, Head of Research in SBICAP
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