Bharti Airtel has appointed Sharat Sinha as �CEO � Airtel Business` of the Company, w.e.f. 03 June 2024. Powered by Capital Market - Live News

Bharti Airtel announced that it has 1.9 million customers enjoying 5G service in the state of Odisha. The company has successfully deployed 5G service across all cities and districts in Odisha reflecting a promising shift towards offering next-generation mobile connectivity. Airtel has registered a significant increase in 5G users in the past 6 months in Odisha. The company`s expansive network deployment has effectively extended its services across the entire state, greatly simplifying the process for customers to embrace 5G. From the iconic architectural marvels of Konark Sun Temple and Lingaraja Temple to the breathtaking vistas of tourist hotspots like Chilika Lake, Khandagiri Udaygiri caves, Hirakud Dam and Odisha Coastline, Airtel continues to complete its rollout across Odisha. Powered by Capital Market - Live News

Bharti Airtel announced that the Board of Directors of the Company at its meeting held on 14 May 2024, has recommended a Final dividend of Rs.8 per share (i.e.160%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Bharti Airtel declined 31.08% to Rs 2071.60 crore in the quarter ended March 2024 as against Rs 3005.60 crore during the previous quarter ended March 2023. Sales rose 4.42% to Rs 37599.10 crore in the quarter ended March 2024 as against Rs 36009.00 crore during the previous quarter ended March 2023.For the full year,net profit declined 10.53% to Rs 7467.00 crore in the year ended March 2024 as against Rs 8345.90 crore during the previous year ended March 2023. Sales rose 7.79% to Rs 149982.40 crore in the year ended March 2024 as against Rs 139144.80 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales37599.1036009.00 4 149982.40139144.80 8 OPM %51.5051.92 -52.2051.22 - PBDT15308.7014419.90 6 59788.9053662.30 11 PBT5233.505014.00 4 20251.3017230.50 18 NP2071.603005.60 -31 7467.008345.90 -11 Powered by Capital Market - Live News

Bharti Airtel and Google Cloud today entered into a long term collaboration to deliver cloud solutions to Indian businesses. The strategic collaboration will offer a suite of cutting-edge cloud solutions from Google Cloud to fast-track cloud adoption and modernization for Airtel`s customers. In addition, Airtel will provide a suite of cloud managed services to its customer base of more than 2,000 large enterprises and one million emerging businesses. Through this collaboration, the two companies are targeting the large and growing Indian public cloud services market, which is expected to reach $17.8 billion by 2027, according to IDC. The two companies will bring together their unique strengths of connectivity and AI technology to develop industry-leading AI/ML solutions that Airtel will train on its large data set. These unique solutions will drive greater value to Airtel`s customers and will include geospatial analytics solutions with advanced location intelligence for trend-spotting, predictive capabilities, market assessment, site selection, risk management, and asset tracking; voice analytics solutions for superior conversational applications trained across languages; and marketing technology solutions to forecast consumer behavior, perform tailored audience segmentations, and streamline content creation with high-precision contextual ads at reduced costs.In addition to these offerings, Airtel has developed an end-to-end IoT solution designed for the utility sector that combines connectivity, Google Cloud services, and application software under one offering, enabling seamless, hassle-free, and faster deployment. To power its cloud-based solutions business, Airtel has set-up a managed services center in Pune with 300+ experts who are being extensively trained to champion Google Cloud services and develop world-class tech solutions.Powered by Capital Market - Live News