Bharti Airtel Q1 preview: Revenue may grow by 3% YoY to Rs 38,488 crore, outlook positive

Telecom major Bharti Airtel is expected to report revenue of Rs 38,488 crore for the quarter ended June 30, 2024, according to the average estimates of four brokerages. This represents a 2.6% year-on-year (YoY) increase. The net profit after tax (PAT) is projected to range between Rs 2,068 crore and Rs 3,922 crore.

The highest revenue estimate comes from Axis Securities at Rs 38,996 crore, while the lowest is from Prabhudas Lilladher at Rs 38,164 crore. Nuvama Institutional Equities and BNP Paribas have estimated revenue at Rs 38,600 crore and Rs 38,191 crore, respectively.