Bharti Airtel Q4 preview: Tariff hike, ARPU increase to boost top-line

Bharti Airtel will announce its results for March quarter of FY20 (Q4FY20) today. Analysts expect the company's losses to narrow while revenue and margins are likely to tick up, helped by the impact of tariff hikes initiated last December, increase in average revenue per user (ARPU), and rupee depreciation.

Analysts expect the Covid-19 outbreak to have a limited impact on telecommunications companies (telcos) as compared to other sectors. "Recharge upgrades from smartphone subscribers, owing to increased data usage on account of organizations’ work-from-home policies, are likely to offset the impact on physical recharges for low ARPU subscribers," Motilal Oswal said