HomeNewsBusinessEarningsBharti may see 6% profit grow in Q1FY12: IIFL India

Bharti may see 6% profit grow in Q1FY12: IIFL India

India's largest telecom operator Bharti Airtel is expected to report a rise of 5% (QoQ) in profits for the first quarter of FY12. Bhavesh Gandhi, Analyst at IIFL India told CNBC-TV18 that Bharti would do a 6% profit growth and 4% sales growth for Q1.

August 03, 2011 / 13:43 IST
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India's largest telecom operator Bharti Airtel is expected to report a rise of 5% (QoQ) in profits for the first quarter of FY12. During the period, profit after tax of the company is likely to go up to Rs 1,471 crore as against Rs 1,400.7 crore in the previous quarter. The company's EBITDA is likely to improve to Rs 5,715 crore from Rs 5,450 crore quarter-on-quarter.


Bhavesh Gandhi, Analyst at IIFL India told CNBC-TV18 that Bharti would do a 6% profit growth and 4% sales growth for the first quarter of FY12. "On the earnings front, we expect a 4.7% dollar revenue growth from the business in Africa. For operations in India, we expect about 3% growth (QoQ)." Below is the edited transcript of his interview with CNBC-TV18's Latha Venkatesh and Anuj Singhal. Also watch the accompanying video. Q: What do you expect by way of Bharti
first published: Aug 3, 2011 10:26 am

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