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Last Updated : Jul 11, 2019 05:21 PM IST | Source: Moneycontrol.com

Bharti Infratel Q1 PAT may dip 4.6% QoQ to Rs. 579.9 cr: ICICI Direct

Net Sales are expected to decrease by 1.2 percent Q-o-Q (down 3.6 percent Y-o-Y) to Rs. 3,598.3 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Telecom sector. The brokerage house expects Bharti Infratel to report net profit at Rs. 579.9 crore down 4.6% quarter-on-quarter (down 9.1% year-on-year).


Net Sales are expected to decrease by 1.2 percent Q-o-Q (down 3.6 percent Y-o-Y) to Rs. 3,598.3 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4.5 percent Q-o-Q (down 6.3 percent Y-o-Y) to Rs. 1,423.7 crore.


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First Published on Jul 11, 2019 05:21 pm
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