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

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.

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