Business Standard

Bharti Airtel Q4 preview: Strong operating performance seen; ARPU may fall

Emkay expects Bharti's underlying momentum to remain intact through mix improvement, resulting in lowest wireless revenue decline of 2 per cent

Bharti Airtel
Web Exclusive Premium

With IUC going to zero, removal of revenues, costs will result in improved optical margins, ICICI Securities said

Chirinjibi Thapa New Delhi
Bharti Airtel is set to announce its March quarter results of FY21 (Q4FY21) on Monday amid expectations of a strong operating print and a moderation in average revenue per user (ARPU) with interconnect usage charge (IUC) going to zero. Analysts will keep a keen eye on the management's commentary on ARPU trajectory and non wireless business.

For the entire telecom sector as well, Emkay expects the zero IUC regime to distort headline numbers and a decline in ARPU. Bharti was a net-payer of IUC while Jio and Vodafone Idea were net receivers on Ebitda level. 

Emkay expects Bharti's underlying momentum

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 17 2021 | 8:04 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to