Quick Answer: Is Airtel Running In Loss?

Is IndiGo going in loss?

​IndiGo posted a 31% increase in its revenue from operations to Rs 8,105 crore.

Interglobe Aviation on Thursday posted a quarterly loss of Rs 1,062 crore, its biggest ever since the owner of IndiGo airline went public four years ago, primarily due to its failure to keep a check on costs..

Why is IndiGo in loss?

IndiGo reports record Q2 loss of Rs 1,062 crore. Interglobe Aviation on Thursday posted a quarterly loss of Rs 1,062 crore, its biggest ever since the owner of IndiGo airline went public four years ago, primarily due to its failure to keep a check on costs. … Revenue from operations rose 31% to Rs 8,105 crore.

Can Airtel beat Jio?

Yes, as many of the answers have already pointed out, Jio is capable of beating Airtel in the Telecom race. Though they have some issues none of them are major shackles to a giant company like Reliance Jio.

Is BSNL running in loss?

New Delhi: Public sector carrier Bharat Sanchar Nigam Limited (BSNL) is expected to post losses of over Rs 14,000 crore for the financial year 2018-19, while its revenue is slated to be around Rs 19,308 crore.

Which is fastest Internet in India?

HIGHLIGHTSReliance Jio is the widest available 4G network in India.Airtel is the fastest 4G network in India with average speeds of 11.23 Mbps.Vodafone takes second spot in 4G speeds while Idea’s 4G network was found to be the slowest in the country.

Is Airtel cheaper than Jio?

Jio’s new All-in-One plans start at Rs 129 whereas Vodafone Idea’s cheapest unlimited pack start at Rs 149 and Airtel’s cheapest unlimited pack comes at Rs 148. … — 1.5GB data per day plan: Jio offers 1.5GB data per day for 28 days at Rs 199 whereas Airtel offers the same at Rs 248 and Vodafone Idea at Rs 249.

Is Jio a loss?

Kolkata: Reliance Jio Infocomm is staring at a potential loss of Rs 15,000 crore ($2.1 billion) in FY19, which isn’t immediately visible because the Mukesh Ambani-led telco uses non-standard depreciation metrics and relies on another group company to bear handset subsidies, brokerage Sanford C Bernstein said.

Is Airtel in loss?

For the entire financial year 2019-20, Bharti Airtel reported a net loss of Rs 32,183.2 crore, in contrast to a net profit of Rs 409.5 crore for the previous year.

Why is Airtel in loss?

Bharti Airtel posted a massive net loss of ₹22,830.1 crore for the quarter ended September 30 due to the ‘significant financial implication’ following the recent Supreme Court ruling in favour of the Department of Telecom’s interpretation of adjusted gross revenues (AGR).

Is Jio making profit or loss?

Jio had reported a net profit of Rs 830 crore in the third quarter of 2018-19 fiscal year. After considering depreciation normalisation impact and subsidy expenses, the normalised net earnings should have been a loss of Rs 3,800 crore, it said.

Why is IndiGo so successful?

IndiGo’s success model largely relies on consistent low fares, regular on-time performance and minimal flight cancellations. However, the airline’s biggest edge over others is its focus on customer focus.

Which is faster Jio or Airtel?

The report states that Jio’s speed was almost three times higher than its rival Bharti Airtel. The TRAI data revealed that the Bharti Airtel had an average 4G download speed of 7.9 Mbps, while Vodafone’s speed is slightly lesser with 7.6 Mbps and Idea lags behind with 6.5 Mbps.

What is the future of Airtel?

Project LEAP, Airtel announced its plans to add more than 9000 new sites in FY 2018-19, along with an addition of more than 4150 KMs of optic fiber, in Rajasthan. While stepping up the data capacities and taking services deeper into rural and unconnected areas.

Why is IndiGo so cheap?

why its comparably low in Indigo airlines among other LCC in india. its because indigo maintains only a320 fleet of airbus with average age of six years. So less maintenance cost better fuel efficiency, same crew can be used in all aircraft, single engine taxi, and many other operational strategies.