Airtel, Voda Idea mobile revenue, operating income likely to dip

Kolkata: In the first post-Covid19 estimates, Bharti AirtelNSE -0.68 % and Vodafone Idea (VIL) are likely to report sequential falls in mobile revenue and operating income in the April-June period as many of their feature phone users could not recharge during the pandemic-induced lockdowns, analysts said.

Market leader Reliance Jio though, they said, would stave off Covid19 blues and report higher revenue, operating income as well as strong profit growth in the three-month period, helped by the delayed impact of tariff hikes taken last December, decent customer adds and aggressive debt restructuring.

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