te Bharti Airtel Q3 Results Preview: Net profit likely to jump 35%, ARPU may improve by Rs 5 to Rs 195 | Zee Business

Bharti Airtel Q3 Results Preview: Net profit likely to jump 35%, ARPU may improve by Rs 5 to Rs 195

Bharti Airtel Q3 Results Preview: Bharti Airtel is likely to report a 35.2 per cent sequential increase in net profit to Rs 2,900 crore for the quarter ended December 2022, according to Zee Business research. The telecom major will report is slated to report its quarterly numbers on February 7. 

Bharti Airtel Q3 Results Preview: Net profit likely to jump 35%, ARPU may improve by Rs 5 to Rs 195
Bharti Airtel will report its financial results on February 7. | Image: Reuters

Bharti Airtel is likely to report a 35.2 per cent increase in net profit to Rs 2,900 crore for the quarter ended December 2022 compared with the previous three months, according to Zee Business research. The New Delhi-based telecom major will report its quarterly numbers on Tuesday, February 7. 

The analysts estimate the revenue of Bharti Airtel — led by billionaire Sunil Bharti Mittal — to grow 1.7 per cent sequentially to Rs 35,100 crore.

The company is expected to report expansion of 0.6 per cent in its domestic business, and one per cent in its African unit, according to Zee Business research. 

TRENDING NOW

Bharti Airtel's margin — a key measure of profitability for businesses — is estimated to remain unchanged at 51.3 per cent for the third quarter of the current financial year compared with the July-September 2022 period, with the Indian operating margin expected to improve by 70 basis points, according to the research. 

It is expected to report a 1.6 per cent quarter-on-quarter increase in earnings before interest, taxes, depreciation and ammortisation (EBITDA) to Rs 18,000 crore. Investors will keenly look out for the management's commentary on average revenue per user, a key metric used to determine the income a telecom operator earns from each of its subscribers. 

According to Zee Business research, Bharti Airtel's ARPU is estimated to improve by Rs 5 to Rs 195 compared with the July-September period. 

Bharti Airtel shares underperformed the overall market with a gain of 0.9 per cent in the quarter ended December 2022, a period in which headline indices Sensex and Nifty50 rose 5.9 per cent each.    

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.

Written By: ZeeBiz WebTeam
Edited By: Sandeep Singh
Updated: Tue, Feb 07, 2023
09:25 am
New Delhi, ZeeBiz WebDesk
RELATED NEWS
As a telecom stock hits a 52-week high and others are closer, here’s how brokerages including Jefferies see them perform As a telecom stock hits a 52-week high and others are closer, here’s how brokerages including Jefferies see them perform
Bharti Airtel soars to 52-week high after BofA Securities upgrades its rating, revises target Bharti Airtel soars to 52-week high after BofA Securities upgrades its rating, revises target
Mcap of 6 of top-10 most valued firms decline by Rs 57,408 crore; TCS, HDFC Bank major laggards Mcap of 6 of top-10 most valued firms decline by Rs 57,408 crore; TCS, HDFC Bank major laggards
Mcap of 8 of top-10 most valued firms jumps Rs 1.29 lakh crore; HDFC Bank biggest gainer Mcap of 8 of top-10 most valued firms jumps Rs 1.29 lakh crore; HDFC Bank biggest gainer
Bharti Airtel, IDFC First Bank fall as Warburg Pincus set to sell its stake in cos Bharti Airtel, IDFC First Bank fall as Warburg Pincus set to sell its stake in cos

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x