Bharti Airtel Q1 PAT likely to cross Rs. 1,900 cr

Prabhudas Lilladher has come out with its first quarter (April-June’ 23) earnings estimates for the Telecom sector. The brokerage house expects Bharti Airtel to report net profit at Rs. 1,971.3 crore up 22.7% year-on-year (down 34.4% quarter-on-quarter).

Net Sales are expected to increase by 10.7 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 36,329.5 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.1 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 18,854.8 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. Moneycontrol