Airtel decides to defer results

Bharti Airtel has deferred the announcement of its second quarter results (July-September) by almost two weeks till November 14 as it awaits more clarity on the Supreme Court order on adjusted gross revenue (AGR).

While its board of directors were scheduled to meet on Tuesday to consider the results, the company told the stock exchanges before the commencement of trade that the meeting has been postponed till November 14.

The company, however, released its operating highlights for the three months ended September 2019 in a regulatory filing to the BSE.

Revenues from India mobile services rose 7 per cent year-on-year during the September 2019 quarter to Rs 10,981.4 crore, as the subscriber base stood at 279.4 million, according to a regulatory filing by the company.