Tulip Telecom is set to report a net profit of Rs 84.37 crore for the quarter ended December 2010 as against Rs 78 crore in previous quarter, according to CNBC-TV18 estimates.
Revenues are seen going up to Rs 616.23 crore from Rs 585.28 crore (YoY). Earning before interest, depreciation, tax and amortisation (EBIDTA) is likely to go up to Rs 175 crore from Rs 163.28 crore.
Q3FY11 expectations
* Seasonally strong quarter, expect healthy sequential revenue growth of 5.3%
* EBITDA margin to expand by 50bps QoQ led by operating leverage in fiber and IP VPN business
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