The company announced the third quarter results before trading hours today, 2 February 2011.

Meanwhile, the BSE Sensex was up 172.87 points, or 0.96%, to 18,195.54.

On BSE, 5.69 lakh shares were traded in the counter as against an average daily volume of 4.81 lakh shares in the past one quarter.

The stock hit a high of Rs 325.70 and a low of Rs 304.25 so far during the day. The stock had hit a 52-week high of Rs 376.50 on 28 September 2010 and a 52-week low of Rs 254 on 2 June 2010.

The stock had underperformed the market over the past one month till 1 February 2011, falling 12.22% compared with the Sensex's 12.13% decline. The scrip had however outperformed the market in past one quarter, falling 5.85% as against 11.46% decline in the Sensex.

India's largest listed telecom operator by sales has an equity capital of Rs 1898.76 crore. Face value per share is Rs 5.

Bharti Airtel's consolidated net profit as per International Financial Reporting Standards declined 41% to Rs 1303 crore on 53% growth in total revenue at Rs 15756 crore in Q3 December 2010 over Q3 December 2009.

Underlying Q3 December 2010 earnings before interest, taxation, depreciation and amortization margin (EBITDA) margin of 33.8%, before one-time branch relaunch cost of Rs 340 crore was higher than 33.7% in Q2 September 2010 but lower than 39.6% in Q3 December 2009. Adverse currency movements, one-time branch relaunch costs, increase in spectrum charges and sharp surge in interest costs impacted the bottom line.

Adverse currency movements in Africa and India resulted in exchange fluctuations related restatement losses of Rs 151 crore in Q3 December 2010, Bharti said. On quarter on quarter basis the income before taxes got impacted by one time brand relaunch costs (Rs 340 crore) and restatement losses (adverse swing of Rs 400 crore). On a year on year basis the income before taxes dropped on account of increase in spectrum charrges in India (Rs 80 crore) and increase in net interest outgo (Rs 471 crore) apart from one time brand relaunch costs (Rs 340 crore) and restatement losses (adverse swing of Rs 303 crore).

The company said its overall customer base stands at 20.78 crore across 19 countries. The company said it successfully launched new airtel brand across 19 countries. The company India and South Asia business revenue growth accelerated to 13.7% in Q3 December 2010. Africa revenues stood at $ 911 million in Q3 December 2010, a growth of 8.7% over Q2 September 2010.