Bharti Airtel Q1 Results Preview: Net Profit, Revenue Expected To Rise; ARPU May Improve Marginally
The net profit of India's second-largest telecom player is likely to to rise to Rs 5,660.47 crore in the June quarter, as per estimates.
Bharti Airtel Ltd.'s is set to announce its financial results for the April-June quarter on Monday. Brokerages expect ARPUs to improve marginally for the company.
The country's second largest telecom firm is likely to report a quarterly revenue of Rs 49,761.80 crore, according to consensus estimates of analysts tracked by Bloomberg. The margin is expected to come in at 56.2%.
The net profit is likely to to rise to Rs 5,660.47 crore.
Bharti Airtel Q1 Preview (Consolidated, QoQ)
Revenue seen 29% higher at Rs 49,761.80 crore versus Rs 38,506.40 crore.
Ebitda seen 42% higher at Rs 27,980.26 crore versus Rs 19,707.60 crore.
Margin at 56.2% versus 51.2%.
Net profit seen 57% higher at Rs 5,660.47 crore versus Rs 3,616.35 crore.
ICICI Capital| Rating: Hold| Target Price: Rs 1,990
Airtel’s ARPU may rise 0.6% quarter-on-quarter.
Airtel’s 4G/5G net adds should remain stable at 6 million.
