Will Bharti Airtel celebrate another dark Diwali? May register - TopicsExpress

Will Bharti Airtel celebrate another dark Diwali? May register decline in profits for 15th consecutive quarter With entire telecom industry keenly waiting for Bharti Airtel to announce its financial results for second quarter ended Sept 30, 2013 on Oct 30, 2013, experts feel that its earnings would witness decline for the 15th consecutive quarter. In July Bharti Airtel reported a decline of 9.6 % in its Q1 net profit at Rs 688.9 crore. The 14th consecutive fall in quarterly profit was mainly due to rising costs and rupee depreciation.

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