Idea Cellular Q4 Results FY 2016

Idea Cellular Q4 Results FY 2016: Idea cellular posted strong operational performance, its operating profit grew by 15.6% on a sequential basis, backed by pricing growth in voice (+4.7% qoq) as well as data(+2.7% qoq) segment, but the growth volume growth tapered for both the segments at 1.2% and 1.5% qoq).
The Audited Standalone results for the Quarter ended March 31, 2016
The Company has posted a net profit after tax of Rs. 4565.80 million for the quarter ended March 31, 2016 as compared to Rs. 8372.60 million for the quarter ended March 31, 2015. Total Income has increased from Rs. 85412.60 million for the quarter ended March 31, 2015 to Rs. 94683.10 million for the quarter ended March 31, 2016.

The Audited Standalone results for the Year ended March 31, 2016
The Company has posted a net profit after tax of Rs. 26166.60 million for the year ended March 31, 2016 as compared to Rs. 28098.40 million for the year ended March 31, 2015. Total Income has increased from Rs. 317318.10 million for the year ended March 31, 2015 to Rs. 359999.90 million for the year ended March 31, 2016.

The Audited Consolidated results for the Quarter ended March 31, 2016
The Group has posted a net profit after tax of Rs. 5756.30 million for the Quarter ended March 31, 2016 as compared to Rs. 9417.70 million for the Quarter ended March 31, 2015. Total Income has increased from Rs. 86089.10 million for the Quarter ended March 31, 2015 to Rs. 95240.90 million for the Quarter ended March 31, 2016.

The Audited Consolidated results for the Year ended March 31, 2016
The Group has posted a net profit after tax of Rs. 30799.30 million for the year ended March 31, 2016 as compared to Rs. 31929.10 million for the year ended March 31, 2015. Total Income has increased from Rs. 320405.60 million for the year ended March 31, 2015 to Rs. 362080.70 million for the year ended March 31, 2016.

BSNL ERP Portal Login Page http://eportal.erp.bsnl.co.in/irj/portal

State Run BSNL is moving towards Paper less Corporation. BSNL launches Enterprise resource planning (ERP) Portal with different Modules like SD, PM, PS and HRM to manage Employees details. 

BSNL ERP project was planned in 2008 and project allotted to HCL which was delayed for years and finally launched in phased manner from year 2013 at various state. Finally BSNL ERP Project is started from year 2013-14. Here is Login page for URL / Website Link for BSNL ERP Portal

BSNL ERP Portal Login Page 

Bharti Airtel Q4 Results FY 2016

Bharti Airtel's consolidated earnings before interest, tax, depreciation and amortization (EBITDA) margin increased to 36.8% in Q4 March 2016 compared with 35% in Q4 March 2015, driven by India's margin expansion of 1.5% in Q4 March 2016 over Q4 March 2015. 

  • Standalone
    • For the Quarter ended March 31, 2016
      • The Company has posted a net profit of Rs 1618.60 crore Vs Rs3824.00 crore.
      • Total Income has decreased to Rs15681.00 crore Vs Rs16048.20 crore.
    • For the Year ended March 31, 2016
      • The Company has posted a net profit of Rs7546.50 crore Vs Rs13200.50 crore.
      • Total Income has increased to Rs 61785.80 crore Vs Rs 60689.40 crore.
  • Consolidated
    • For the Quarter ended March 31, 2016 (YoY)
      • The Group has posted a net profit of Rs 1290.30 crore Vs Rs1255.30 crore.
      • Total Income increased to Rs24983.10 crore Vs Rs23039.80 crore.
    • For the Year ended March 31, 2016
      • The Group has posted a net profit Rs5484.20 crore Vs Rs5183.50 crore.
      • Total Income has increased to Rs 96619.20 crore Vs Rs92135.10 crore.

Reliance Jio will have 30 Million users by this fiscal end - Morgan Stanley

Brokerage firm Morgan Stanley expects Mukesh Ambani-owned Reliance Jio to launch its 4G services over the next 3-9 months, which would help it garner revenues of $1 billion this financial year. The firm also said that Reliance Jio will have more than 30 million subscribers by the end of this financial year, which the telco will further double up to 60 million by the next, with 1.3 times to 1.8 times higher ARPU than the industry level. Morgan Stanley said that the current voice and data realisation per user was Rs 200.
Reliance Jio already has more than half a million subscribers using its services across the country. These subscribers include Reliance group employees, partners, vendors and associates, who were given a full-scale service offering of Reliance Jio on December 28, 2015. “Capex spend is to be front-ended, expected at over $4.5 billion in 2016-17 — thus (it) would take the total investments into the venture to over $23 billion into the launch, among highest in the industry,” it said. The firm however said that if the Jio launch gets delayed to late 2nd half of 2016, it would mean incumbents could have a better operating environment in the short term,” it said. Reliance Industries’ during the 4th quarter results announcement said the initial feedback has been very encouraging and the company has established smooth operations of all aspects of network and business.

Vodafone India plan to bring IPO to raise $2-2.5 Billion

Vodafone Group is looking to raise between $2 billion and $2.5 billion, which it would use to buy additional spectrum and further expand its operations across India’s crowded and cut-throat market. The company has invited banks such as Citigroup, Goldman Sachs and Morgan Stanley to make pitches to manage the long-awaited initial public offer (IPO) of shares in its Indian subsidiary by inviting banks, according to a Reuters report. The move comes ahead of the entry of Reliance Jio, which may to disrupt the market with the launch of the country’s biggest 4G network.
Vodafone India, which is likely to be valued at about $20 billion under the offer, has also approached Bank of America Merrill Lynch, UBS Group as well as Indian banks ICICI Securities and Kotak Investment Banking. The report added that the investment banks have been asked to make their pitches next week to win underwriting mandates for the share sale. Vodafone entered India in 2007, when it acquired a majority stake in Hutchison Essar and since 2014 has wholly owned Vodafone India, which is now the country’s second largest telco by subscribers.

Bharti Airtel to acquire Aircel's 4G spectrum in 8 circles

Bharti Airtel and its subsidiary, Bharti Hexacom, have on April 08, 2016, entered into a definitive agreements with Aircel and its subsidiaries Dishnet Wireless and Aircel Cellular (together Aircel) to acquire rights to use 20 megahertz (MHz) 2300 Band 4G TD spectrum for eight circles namely, Tamil Nadu (including Chennai); Bihar, Jammu & Kashmir, West Bengal, Assam, North East, Andhra Pradesh and Orissa at an aggregate consideration of Rs 3500 crore.
The spectrum was allotted to Aircel and Dishnet by the Government of India, Ministry of Communication & IT, Department of Telecommunication (DoT) and is valid upto September 20, 2030. The transfer of the right to use for the circles of Andhra Pradesh and Orissa is subject to the revision of spectrum caps with the upcoming auction to be conducted by DoT. With the above acquisition, Bharti Airtel will become pan India 4G operator. The closing of the transaction is subject to satisfaction of the standard conditions as are normal to such transactions, Bharti Airtel said in a statement.