Q4 results today: Bharti Airtel, Patanjali Foods among 97 companies to announce earnings on Tuesday

Bharti Airtel Q4 expectations

major Bharti Airtel is expected to report a net in the range of Rs 2,201-5,309 crore, according to various by three brokerages. The is estimated anywhere between Rs 38,736 crore-39,360 crore for the reporting quarter.

The revenue is expected to grow by 8.13% at Rs 39,087 crore, according to average estimates by three brokerages aided by higher average revenue per user () and growth in subscribers base.

While Axis Securities has pegged the net profit figure at Rs 5,309 crore, Nuvama estimates core PAT around Rs 3,665 crore for the January-March quarter. Prabhudas Lilladher in its preview note has estimated adjusted PAT at Rs 2201 crore which is lowest among the brokerages.

In Q4FY23, Bharti Airtel had reported a consolidated profit after tax of Rs 3005 crore. The revenue from operations for the year-ago quarter was at Rs 36,009 crore.

The above estimates reveal a 26% and 22% YoY gain in PAT, respectively in case of Axis and Nuvama. Meanwhile Prabhudas sees a 27% YoY decline in the company's net profit in Q4FY24.

"Bharti Airtel is expected to report a net profit of Rs 5,309 crore for the quarter ended March 31, 2024 which will be an uptick of 26% over Rs 4,226 crore reported in the year ago period. On the QoQ basis, this will be a jump of 85.2% over Rs 2,867 crore reported in Q3FY24," said Axis Securities.

The revenue for the reporting quarter is estimated at Rs 39,165 crore, up by 8.8% versus Rs 36,009 reported in the corresponding quarter of the previous financial year. Sequentially, it will likely be up by 3.3% at Rs 37,900 crore.

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