Edelweiss has come out with its third quarter (October-December) earnings estimates for the Telecom sector. The brokerage house expects Bharti to report net profit at 997.5 crore down 38.2% quarter-on-quarter.
Net Sales are expected to decrease by 2.5 percent Q-o-Q (down 0.1 percent Y-o-Y) to Rs 24035.5 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.7 percent Q-o-Q (up 4.7 percent Y-o-Y) to Rs 8807.7 crore.
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