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Analysts expect volume growth of 4.5 percent at 198 billion minutes during the quarter compared to 189.5 billion minutes in preceding quarter. In Q2FY16, revenue declined 1.2 percent and volume was down 3.2 percent on sequential basis
Himanshu Kapania, MD, Idea Cellular, says at the moment only 25 percent of Idea subscribers are using 3G network and the focus is on increasing the subscriber base
Revenue may slip 0.7 percent at Rs 8735 crore in Q2 against Rs 8798.3 crore in quarter-ago period. During the period, EBITDA may come in at Rs 3095 crore compared to Rs 3228.4 crore quarter-on-quarter. Margins may 130 basis points on a quarterly basis.
In an interview to CNBC-TV18, Nischal Maheshwari, Co-Head, Institutional Equities & Head-Research at Edelweiss Securities shared his readings and outlook on the upcoming earning season.
Bhavesh Gandhi Research Analyst at IIFL says Bharti‘s profits have beaten estimates showing a robust growth in Indian businesses.
Lower interconnect usage charge, increase in service tax from 12.36 percent to 14 percent and a cap on roaming charges were the chief constraints under which Idea Cellular — the country's third-biggest mobile operator — delivered its first quarter results, beating street estimates.
Analysts expect some slowdown in growth due to one offs. Revenue is seen rising 2.9 percent (15 percent year-on-year) to Rs 8,663 crore in the quarter ended June from Rs 8,422.5 crore in March quarter.
Both Idea Cellular and Bharti Airtel reported their fourth quarter earnings Tuesday. While Idea posted robust set of numbers, Bharti disappointed as profits and revenues missed estimates. In an interview to CNBC-TV18, Naveen kulkarni, Co-Head of Research at PhillipCapital, analyses their numbers.
In an interview to CNBC-TV18, Himanshu Kapania, MD, Idea Cellular, discusses the company‘s earnings and its future outlook.
Sales are expected to increase by 5.5 percent Q-o-Q (up 20.1 percent Y-o-Y) to Rs 8460.3 crore, according to Motilal Oswal.
Revenues are expected to increase by 6.1 percent Q-o-Q (up 20.8 percent Y-o-Y) to Rs 8506.1 crore, according to ICICIdirect.
Idea Cellular's fourth quarter profit after tax may climb 9.5 percent sequentially to Rs 840 crore compared to Rs 767.1 crore in December quarter, according to the average of estimates of analysts polled by CNBC-TV18.
Bharti Airtel surpassed street expectations on the bottomline front on Wednesday but its Q3 topline and operating performance was slightly below estimates.
According to Bhavesh Gandhi of IIFL the margins were below their estimates despite Q2 and Q3 being a seasonally strong quarter.
Idea Cellular's third quarter profit is seen going up 3.8 percent sequentially to Rs 785 crore, according to the average of estimates of analysts polled by CNBC-TV18.
Nischal Maheshwari, Head of Research, Edelweiss Securities is positive on Allahabad Bank and OBC from the banking pack and sees them performing well in the future.
Going forward, Suresh Mahadevan of UBS Securities believes Africa will start showing better results considering it is more emerging than India and there is no shortage of spectrum there.
In an interview to CNBC-TV18‘s Kritika Saxena, Humanshu Kapania, Managing Director of Idea Cellular, discusses company‘s Q2 performance and the road ahead.
Revenue may fall 1.9 percent to Rs 7,417 crore in the quarter ended September 2014 compared to Rs 7,561 crore in previous quarter.
Idea Cellular will announce the earnings today. Here's Reema Tendulkar of CNBC-TV18 with the street expectations.
Idea‘s execution has been strong. Traditionally December quarter is a seasonally strong, but this quarter volume growth will be slightly sub par due to lower promotional minutes and the impact of an uptick in voice revenue per minute (RPM), analysts say.
The revenue of Idea Cellular is expected to increase by 4.2 percent Q-o-Q (up 18.1 percent Y-o-Y) to Rs 6588.3 crore, according to ICICIdirect.com.
Sales of Idea Cellular are expected to increase by 3.9 percent Q-o-Q (up 17.8 percent Y-o-Y) to Rs 6573.1 crore, according to Motilal Oswal.
According to Sanjay Chawla of JM Financial for the longer-term there is preference for Idea Cellular over Bharti but in the short-term there is room for upgrade in Bharti numbers.
Total revenue of the company during Q2, 2013-14 rose 18.99 percent to Rs 6,323.26 crore as compared to Rs 5,314 crore in the same period last year.