Bharti Airtel is set to announce its June quarter results for FY21 (Q1FY21) on Wednesday and analysts expect the company to post a loss of as much as Rs 318.9 crore as compared to Rs 5,236.9 crore loss reported in Q4FY20. Revenue growth for the quarter, however, is likely to remain flat with India non-wireless revenues traction remaining robust.
Meanwhile, brokerages are also building in subscriber losses and average revenue per user (ARPU) for Airtel for the quarter due to Covid-19 led disruption.
For the sector, Edelweiss expects telecom companies to see the full impact of lockdown with lower usage