Bharti Airtel Q3 PAT may dip 46% to Rs 795 cr: ICICI Securities

Net Sales are expected to decrease by 4.5 percent Q-o-Q (down 2.3 percent Y-o-Y) to Rs 23556 crore, according to ICICI Securities.

January 14, 2017 / 14:03 IST

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ICICI Securities has come out with its third quarter (October-December) earnings estimates for the Telecom sector. The brokerage house expects Bharti Airtel to report net profit at 795 crore down 45.6% quarter-on-quarter.

Net Sales are expected to decrease by 4.5 percent Q-o-Q (down 2.3 percent Y-o-Y) to Rs 23556 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 9.5 percent Q-o-Q (up 1.3 percent Y-o-Y) to Rs 8565 crore.

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first published: Jan 14, 2017 02:03 pm

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