Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Analysis on quarterly statement

Feedback 703 views 1 replies

Natasha

Star counter

28 Points Posted on 30 December 2014

Dear All,

I am not a student of ICAI but i have no where else to turn to to get my accounting questions answers.

I invest in stocks and the last quaterly results for Bharti Airtel has high earning per share but low income. Could someone kindly please explain to me how can one have high EPS but lower income from sales. I am told this could be done by sale of assets but this was also not the case. For your review please find the link below. https://www.bseindia.com/X M L-data/corpfiling/AttachHis/Bharti_Airtel_Ltd_301014.pdf

Any help you can provide would be much appreaciated.

Thank you

Replies (1)

hiteshjain964@gmail.com

mumbai

59 Points Posted on 30 December 2014

Dear Natasha, This quarter company has earned almost same income from sales as compared to last quarter. However company other is huge this year as compared to last quater. This income was also an exempted income as there no additional tax liability was seen comparision this quarter as compared to past quarter. Therefore the company has earned huge profits and therefore the eps per share is also high. EPS is only be through profit and loss account so whatever changes happens in eps can only be done through profit and loss account.