What to expect from Airtel’s Q1 earnings today

New Delhi: Bharti Airtel is expected to report a slight improvement in its average revenue per user (ARPU) for the third consecutive quarter after the company rolled out minimum recharge plans for users to stay on its network at a time when it battles cheap tariffs from rival Reliance Jio.

Airtel will announce its earnings for the June quarter today. Reliance Jio posted a profit of ₹891 crore while Vodafone Idea posted net loss of ₹4,873.9 crore in the June quarter.

“Indian wireless revenues (for Bharti Airtel) are expected to grow 1.7% quarter-on-quarter to ₹10,810 crore,” ICICI Securities said in a report dated 8 July.