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Feb 02, 2013, 12.28 PM IST | Source: Reuters

Bharti Airtel hopes to issue bonds upto $1bn in FY13: Exec

Bharti Airtel Ltd , India's top mobile network operator, hopes to issue dollar bonds of up to USD 1 billion in the current fiscal year that ends in March, Sarvjit Dhillon, Group CFO at Bharti Enterprises, said on Friday.

Bharti Airtel hopes to issue bonds upto $1bn in FY13: Exec

Bharti Airtel Ltd , India's top mobile network operator, hopes to issue dollar bonds of up to USD 1 billion in the current fiscal year that ends in March, Sarvjit Dhillon, Group CFO at Bharti Enterprises, said on Friday.

Bharti Enterprises is the parent of Bharti Airtel which on Friday reported a fall in net profit for the twelfth consecutive quarter, missing estimates by a wide margin.

Bharti Airtel, controlled by billionaire Sunil Mittal, said consolidated net profit fell to Rs 284 crore in the fiscal third quarter that ended December 31, from Rs 1011 crore a year earlier.

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Bharti Airtel stock price

On October 01, 2014, Bharti Airtel closed at Rs 403.15, down Rs 1.1, or 0.27 percent. The 52-week high of the share was Rs 419.90 and the 52-week low was Rs 282.10.


The company's trailing 12-month (TTM) EPS was at Rs 19.52 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 20.65. The latest book value of the company is Rs 166.93 per share. At current value, the price-to-book value of the company is 2.42.

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