Bharti Airtel to announce Q1 results today

2009 July 23
by Prakash

Bharti Airtel to announce Q1 results todayBharti Airtel is set to announce its Q1FY10 numbers. According to CNBC-TV18 estimates, its net profit is expected to go up 8.37% to Rs 2,426.8 crore from Rs 2,239.3 crore, QoQ.

Revenues are seen going up 4.32% to Rs 10,249.22 crore from Rs 9,824.5 crore, QoQ.

Q1 expectations:

1) Subscriber base up by 9% QoQ
2) Mobile revenues expected to increase by 1.6% QoQ due to cut in termination charges
3) ARPUs to decline by 7% to Rs 284; MOU to rise by 2%
4) EBIDTA margin expected to be stable at 40.7%
5) Forex gains expected at Rs 250 crore versus forex loss of Rs 236.2 crore

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