Bharti Airtel - Q4FY13 Result Preview - Angel Broking

Bharti Airtel is slated to announce its 4QFY2013 results today. We expect the company to record revenue of Rs. 20,631cr, up 1.9% qoq. In domestic mobile services, MOU as well as ARPM is expected to go up by ~1.0% qoq each to 439min and Rs. 0.43/min, respectively. Africa business is expected to post 4.2% qoq growth in revenues. Consolidated EBITDA margin of the company is expected to decline by 83bp qoq to 29.7%. PAT is expected to be at Rs. 532cr.

We maintain our Neutral view on the stock.

Source : Equity Bulls

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