Bharti Airtel's performance is expected to be soft with India wireless doing well. However, currency pressures in Africa may damp consolidated performance. In Q1 consolidated revenue growth is expected at 2.2 percent driven by 4.2 percent India wireless revenue offset by 2.5 percent decline in Africa.
A CNBC-TV18 poll had estimated Bharti Airtel's March quarter profit after tax to rise 8.9 percent sequentially to Rs 1,565 crore and revenue was seen rising 1.5 percent to Rs 23,552 crore.
Rating agency Crisil has downgraded telecom major Bharti Airtel's rating after the government imposed a one-time fee for spectrum it holds beyond a threshold.