Airtel Q2 revenue may grow 21% YoY; Vodafone could lose 4 mn subscribers

Telecom Q2 preview: Bharti Airtel is expected to add around 2 million overall subscribers this quarter, taking the tally to 329 million

Bharti Airtel, and Vodafone Idea are slated to announce their September quarter (Q2FY23) earnings on October 31, and November 3, respectively. While Airtel is projected to report low single digit growth in topline on a quarterly basis, Vodafone's earnings are expected to remain flat. 

So far this year, shares of Bharti Airtel have rallied 19.4 per cent, while those of Vodafone Idea have plunged 44.4 per cent. In comparison, the benchmark S&P BSE Sensex has risen 3 per cent. 

Here's how analysts expect Q2 results of the companies to play out:

Bharti Airtel

The telecom services provider is expected to add around 2 million