Kotak expects consolidated EBITDA to decline 2.5 percent QoQ and 13 percent YoY to Rs 6,060 crore despite expected QoQ stability in India wireless EBITDA.
Moneycontrol News
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Share price of Bharti Airtel slipped 1.5 percent intraday Monday as company is going to announce its Q4 numbers later today.
According to a report by Kotak Institutional Equities, Bharti Airtel is expected to post a modest 1 percent sequential uptick in revenues at Rs 10,300 crore.
Reported ARPU will likely see a sharp 14 percent QoQ uptick to Rs120/sub/month, on account of the clean-up done in December 2018.
Kotak expects consolidated EBITDA to decline 2.5 percent QoQ and 13 percent YoY to Rs 6,060 crore despite expected QoQ stability in India wireless EBITDA.
At 10:00 hrs Bharti Airtel was quoting at Rs 327.00, down Rs 4.10, or 1.24 percent on the BSE.
First Published on May 6, 2019 10:07 am
