Bharti Airtel will announce its June quarter results on Thursday and analysts expect a marginal gain in revenue and average revenue per user (ARPU) on a sequential basis. The ARPU increase is an outcome of subscriber losses and marginal benefit accruing from the mix change, analysts said.
According to Kotak Institutional Equities, Bharti Airtel may report a flattish sequential growth of 2 per cent in revenues to Rs 21,007.2 crore. In comparison, Airtel had posted revenue of Rs 20,602.2 crore in the last quarter and Rs 19,799.2 crore in the year-ago quarter.
The brokerage firm pegged Airtel's consolidated Q1 loss at Rs