Bharti Airtel Q2 results today; here's what top brokerages expect

Bharti's India wireless business is expected to feel the pressure from another round of discounting by Jio in September 2018 coupled with seasonality effect.

Telecom major Bharti Airtel is scheduled to announce its September quarter earnings for FY19 on Thursday. The company had reported a 74 per cent drop in its net profit at Rs 973 million for the quarter ended June 30. Revenue had dipped about 9 per cent to Rs 200.80 billion during the same period. 

On a year-to-date (YTD) basis, the company's stock has surged around 11 per cent as compared to about half a per cent rise in S&P BSE Sensex.

Here's a look at what the leading brokerages expect from Bharti Airtel's Q2 results - 

Edelweiss Securities

We estimate Bharti's