Edelweiss has come out with its third quarter (October-December) earnings estimates for the Telecom sector. The brokerage house expects Bharti Infratel to report net profit at 764.8 crore down 1.2% quarter-on-quarter.
Net Sales are expected to increase by 2.9 percent Q-o-Q (up 9.1 percent Y-o-Y) to Rs 3387.5 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.4 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 1484.6 crore.
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