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    HomeNewsBusinessStocksIdea Cellular Q2 PAT seen down to Rs. 1116.8 cr: ICICI Securities

    Idea Cellular Q2 PAT seen down to Rs. 1116.8 cr: ICICI Securities

    Net Sales are expected to decrease by 6 percent Q-o-Q (down 17.5 percent Y-o-Y) to Rs. 7670.4 crore, according to ICICI Securities.

    October 11, 2017 / 15:14 IST
    Man speaks on his mobile phone as he sits in front of a shop displaying the Idea Cellular Ltd's logo on its shutter in Mumbai
       
       
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      ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Telecom sector. The brokerage house expects Idea Cellular to report net loss at Rs. 1116.8 crore.

      Net Sales are expected to decrease by 6 percent Q-o-Q (down 17.5 percent Y-o-Y) to Rs. 7670.4 crore, according to ICICI Securities.

      Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 23.4 percent Q-o-Q (down 49.6 percent Y-o-Y) to Rs. 1429.8 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.

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      first published: Oct 11, 2017 12:11 pm

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