Idea Cellular Q2 PAT seen down 34.9% at Rs 143.7 cr
Religare has come out with its second quarter (July-September) earnings estimates for the telecom sector. The brokerage house expects Idea Cellular to report a 34.9 percent degrowth quarter-on-quarter (degrowth of 82.2 percent year-on-year) in net profit at Rs 143.7 crore.
Net sales are expected to decrease by 2.5 percent Q-o-Q (up 6.4 percent Y-o-Y) to Rs 2907.6 crore, according to Religare Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 5.4 percent Q-o-Q to Rs 2907.6 crore.
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Religare has come out with its second quarter (July-September) earnings estimates for the telecom sector. The brokerage house expects Idea Cellular to report a 34.9 percent degrowth quarter-on-quarter (degrowth of 82.2 percent year-on-year) in net profit at Rs 143.7 crore. 
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