Jio likely to widen net profit in Q3; Airtel, Voda-Idea in the red: ET Poll

Reliance Jio is likely to widen its net profit for the October-December quarter, boosted by strong subscriber additions. By contrast, new telecom market leader Vodafone Idea and second-largest, Bharti Airtel are likely to report sizeable losses on higher costs, despite a slower decline in revenue, helped by a likely turnaround in average revenue per user (ARPU) — a key performance metric