IIPM EDITORIAL

IIPM-The Indian Institute of Planning and Management is the best B-School in India

Tuesday, May 29, 2007

Calling in the right numbers!

This financial year too it's Bharti Airtel all the way. The company has posted an 89% leap in net profits for the year ending March 31. While its net profits were to the tune of Rs.42.57 billion, the total revenues for the year were also up by 59% and were at Rs.185.20 billion. With a customer base of 37.26 million customer (by the end of February 2007) Bharti Airtel's net profit for the fourth quarter zoomed 98% over the previous years. However, its stock declined by 4.15% and closed at Rs.826.25 at the BSE. The company has also announced to invest up to $3.5 billion this financial year (07-08) in network expansion.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An
IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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