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Bharti sees operating margin as sustainable.


Byline: ANI

New Delhi New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. , Apr 29 (ANI): India's top mobile operator, Bharti Airtel For the information technology, see .
Bharti Airtel (भारती एअरटेल), formerly known as Bharti Tele-Ventures Limited (BTVL) is among India's largest mobile phone and Fixed Network operators.
, sees its current operating margin Operating Margin

A ratio used to measure a company's pricing strategy and operating efficiency.

Calculated by:
 as sustainable, director Akhil Gupta Akhil Gupta is a notable scholar in the field of social and cultural anthropology. He currently is a Professor at the University of California, Los Angeles. Biography
He is married to Purnima Mankekar, a fellow professor and scholar in the same field.
 said on Wednesday.

"I think anything around 40 per cent is pretty decent with this bond. But of course, if you do anything more in terms of converting opex into capex or vice-versa, this ratio can change," said Gupta.harti, which announced its March quarter results earlier, recorded an operating margin of 40.7 per cent in the March quarter.

It reported a forecast-beating 21 per cent rise in quarterly profit, as it added more users in the world's fastest-growing wireless market and kept tariffs steady unlike its rivals.

Bharti, in which Southeast Asia's top phone firm SingTel owns about 31 per cent, said January-March net profit rose to 22.39 billion rupees under U.S. accounting standards from 18.52 billion a year ago.

New Delhi-based Bharti added 8.3 million mobile users last quarter to boost its total customer base to nearly 94 million. The company has a market share of about 24 percent.

Shares in Bharti fell 13 percent in January-March, under performing a 0.6 per cent rise in the broader market. (ANI)

Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency.  (ANI) - All Rights Reserved.

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Publication:Asian News International
Date:Apr 29, 2009
Words:217
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