Bharti Airtel Q3 preview: Telecom operator likely to post profit in Q3; sales may hit record high
MUMBAI: Bharti Airtel is expected to return to profit in the quarter ended December as the company is likely to report a consolidated net profit of Rs 222 crore as against a net loss of Rs 763 crore reported in the previous quarter, according to estimates from six brokerages polled by ETMarkets.com.
The company had reported a consolidated net loss in the previous quarter largely because of a surge in finance costs and a one-time exceptional loss.
India’s second-largest telecom operator will report its earnings on Wednesday, likely after market hours.