Bharti Airtel (CMP: Rs596.2, Mcap: Rs325,000 crore) has done well in Q4 FY20 even as the telecom sector is getting rerated with companies hiking tariffs. The company’s ARPU (Average Revenue Per User) increased year-on-year (YoY), which is an important metric to measure a telecom operator’s performance, led by recent price hikes. An increase in customers coupled with higher ARPU led to strong revenue growth. Operating profitability also improved significantly. Quarter snapshot (image) (image) Key highlights In Q4 FY20, Airtel posted consolidated revenue...
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In today’s edition of Moneycontrol Pro Panorama: A peek into Strategy Lab, ITC makes it to Weekly Tactical, wide canvas for Nazara, shock proof your portfolio and more
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The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth
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