Bharti Airtel is expected to report a consolidated net profit of Rs 38,068 crore for the October-December quarter, a 6.3% YoY jump. Revenues are expected to reach Rs 38,800 crore, an 8.4% YoY growth. The profit after tax (PAT) is expected to be Rs 2,340 crore, a 10.5% YoY decrease. ARPU is projected to grow 1% QoQ to Rs 205. Africa’s revenue is expected to fall 2% QoQ to $1,221 million. Bharti Airtel is targeting a Rs 50,000 crore market opportunity with its enterprise offerings.
Biocon shares rise 2% on 10-year Pertuzumab supply deal for breast cancer therapy in Brazil
Biocon shares rose after the company secured a 10-year Pertuzumab supply contract in Brazil. The consortium with Bahiafarma and Bionovis received full allocation under the