Idea Cellular - Q1FY2014 Result Preview - Angel Broking

Idea Cellular is slated to announce its 1QFY2014 results today. We expect the company to record revenue of Rs. 6,218cr, up 2.6% qoq. This is expected primarily on the back of 1.0% qoq growth each in ARPM to Rs. 0.42/min in MOU to 410min. APRU is expected to increase by ~2.0% qoq to Rs. 171/month. EBITDA margin of the company is expected to decline by 70bp qoq to 26.9%. PAT is expected at Rs. 314cr.

We maintain Neutral rating on the stock.

Source : Equity Bulls

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