Bharti Airtel Q4 Preview: Revenue growth to be modest; flat ARPU eyed

Bharti Airtel, the telecom giant, is expected to show modest revenue growth in Q4 amid lower subscriber additions and flat ARPU. Analysts anticipate consolidated revenues to rise between 0.4-2.7%, and net profit to rise up to 54% from the last quarter. However, the subscriber growth is limited to 1-3.5 million due to SIM consolidation, and analysts predict flat India EBITDA margins quarter-on-quarter with declining overall consolidated margins due to weak African margins. In Q3, the company showed a significant YoY jump in consolidated net profit and revenue from operations.