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HomeNewsBusinessEarningsBharti Infratel Q1 PAT seen up 12.5% QoQ to Rs. 730.6 cr: ICICI Direct

Bharti Infratel Q1 PAT seen up 12.5% QoQ to Rs. 730.6 cr: ICICI Direct

Net Sales are expected to decrease by 0.7 percent Q-o-Q (down 3 percent Y-o-Y) to Rs. 3,600.2 crore, according to ICICI Direct.

July 15, 2020 / 12:40 IST
     
     
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    ICICI Direct has come out with its first quarter (April-July’ 20) earnings estimates for the Telecom sector. The brokerage house expects Bharti Infratel to report net profit at Rs. 730.6 crore up 12.5% quarter-on-quarter (down 17.6% year-on-year).

    Net Sales are expected to decrease by 0.7 percent Q-o-Q (down 3 percent Y-o-Y) to Rs. 3,600.2 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.9 percent Q-o-Q (down 4.2 percent Y-o-Y) to Rs. 1,816.8 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Jul 15, 2020 12:40 pm

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