Tariff hike to aid Bharti Airtel’s Q2 ARPU; profit may double QoQ: Analysts
Bharti Airtel Q2 preview: Sunil Mittal-led Bharti Airtel is expected to post an impressive sequential growth in net profit for July-September quarter (Q2FY22) on the back of steady subscriber base and tariff hike in select pre- and post-paid plans, say analysts. The telecom services provider is set to report its Q2FY22 result on Tuesday, November 2.
“Bharti is expected to report QoQ stronger earnings on likely improvement in average revenue per user (ARPU) to Rs 153, on account of price revision undertaken in selective prepaid and postpaid plans. However, there is a likelihood of slower customer addition on account of price increase undertaken,” said analysts at YES Securities.