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The average revenue per user (ARPU) continued to be the best in the industry as Q4FY21 ARPU came in at Rs 145
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Revenue from operations was at Rs 96.16 crore during the quarter under review compared to Rs 104.27 crore in the corresponding period of the previous year, it said.
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In opening trades, Sensex jumped 603 points or 1.22% at 50,183 while the broader market index Nifty 50 was trading at 15,104 soared 181 points or 1.21%.
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Telecom operator Bharti Airtel reported a consolidated net profit of Rs 759 crore for the fourth quarter of the financial year ended on March 31
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The benchmark equity indices BSE Sensex and NSE Nifty surged over 1.5% on Monday boosted by banking and financial stocks, as they rebounded from a sharp drop in the previous session.
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At close, the Sensex was up 848 points or 1.74% at 49580, and the Nifty was up 245 points or 1.67% at 14,923
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Banking and financial stocks were star of the day. IndusInd Bank, SBI, ICICI Bank, HDFC Bank and UPL were among the top gainers on the Nifty
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IT sector will continue to trade at higher multiples well supported by improving visibility (strong deal wins, faster ramp-up), sustained margins, improving free cash flows and improving demand environment across verticals.
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The rise in share price shows that an investment of Rs 10,000 in the tyre major would have now fetched Rs 3.47 crore
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With a possible peak followed by rolling-back of restrictions and a further pick-up in vaccinations, markets may begin to look beyond this short-term impact
