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Bharti Airtel, Bajaj Finance, Tata Consumer in spotlight
(08:14, 19 May 2020)

On a consolidated basis, Bharti Airtel reported net loss of Rs 5,237 crore in Q4 March 2020 as compared with net profit of Rs 107.20 crore in Q4 March 2019. Total income rose 5.2% to Rs 23,913.60 crore in Q4 March 2020 over Q4 March 2019.

Consolidated EBITDA rose 51.7% to Rs 10,326 crore in Q4 March 2020 over Q4 March 2019. Consolidated EBIT increased by 172.1% to Rs 3,246 crore. The consolidated net loss before exceptional items was Rs 471 crore in Q4 March 2020.

Bajaj Finance declares its Q4 result today, 19 May 2020.

Glaxosmithkline Pharmaceuticals' consolidated net profit fell 5.95% to Rs 138.07 crore on 2.5% fall in total income to Rs 802.89 crore in Q4 March 2020 over Q4 March 2019.

Delta Corp's consolidated net profit fell 48.8% to Rs 29.04 crore on 12.17% fall in total income to Rs 191.30 crore in Q4 March 2020 over Q4 March 2019.

Astrazeneca Pharma India's net profit fell 2.44% to Rs 9.58 crore on 1% rise in total income to Rs 198.28 crore in Q4 March 2020 over Q4 March 2019.

Tata Consumer Products (TCPL) announced yesterday that it will acquire PepsiCo's stake in NourishCo Beverages, a 50:50 JV between the two companies. This move is consistent with Tata Consumer's focus on widening its portfolio in the Food and Beverages space.

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