The three private telecom operators, including Bharti Airtel (Airtel), Reliance Jio (JIO) and Vodafone idea (VIL), are expected to report healthy in the first quarter (Q1) results supported by a steady average turnover per users (ARPU) growth opportunities.
For example, Airtel is expected to register 2.6 percent quarter-on-quarter (QOQ) and 3.1 percent qoq growth in its India Wireless Revenue and EBITDA or led by robust profit from mobile broadband subscribers, said JM Financial Research in a report.
Airtel is expected to report robust mobile broadband (MBB) Subs-Subs addition addition, with 5.5 million in Q1 FY26 (versus 6.6 million in Q4 FY25), while the total addition of subscribers is expected to be slightly lower at 2.3 million (added 0.5 million subs in April-May), said the.
Furthermore, the wireless ARPU will probably grow 1.6 percent qoq to £ 249 (versus £ 245 in 4QFY25) due to upgrades and improved subscribers mix and helped by a more day QoQ in Q1 FY26 (while July 2024 Tariff Hike went through the ARPU BY End Q3.
“That is why we build 2.6 percent qoq growth in India Wireless Business Revenue up to £ 273 billion (£ 27,300 crore) and 3.1 percent qoq increase of the EBITDA in Ebita to £ 162 billion (£ 16,200 crore). Low margin) and standardization of margin, “said it.
It added that while fiber-to-home (FTTH) is likely to witness healthy subscribers (about 7.50,000 subscriber addition QoQ).
Similarly, JIO’s standards are expected to grow by 2.7 percent qoq to £ 31,200 crore and 3.5 percent qoq growth in EBITDA up to £ 16,800 crore, it said.
De zelfstandige winst na de belasting is echter waarschijnlijk plat QOQ op £ 6.640 crore in Q1 FY26 vanwege het volledige kwartaal van de impact van hogere afschrijvingen en amortisatie (bij £ 6.480 crore in Q1 FY26 versus £ 5930 crore in Q4 FY25) vanwege de kapitalisatie van 5G SpecTrum en Net Fixed Asset Towuits Towuits Towuits Towuits Towuits Towuits IT addition.
It also said that Jio’s Arpu is expected to grow 1.8 percent qoq to £ 210 (from £ 206) because of another day QoQ in Q1 FY26, upgrades and remaining current current of July 2024 rate in July 2024 Hike are probably fully visible by Q1 FY26).
“Furthermore, the net subscriber’s profit from Jio (including FTTH/FWA) is probably robust at 7.2 million in Q1 FY26 (5.3 million total subscribers added in April-May 2025 according to the data from Trai; USA profit of 6.1 million in Q4 FY25).
On VIL, the JM Financial Report said that the income expects to grow by 1.1 percent qoq to £ 11,100 crore, EBITDA reported higher 1.8 percent qoq at £ 4,740 crore and cash EBITDA will be higher with 3.5 percent qoq at £ 2,400 crore in Q1 FY26.
Arpu will probably improve 1.6 percent qoq to £ 167 due to improved subs mix and another day QoQ in Q1 FY26 (versus £ 164 in Q1 FY26) because of upgrades and improved subscriber mix and it was added by the Netto subscriber, it was added.
Published on July 2, 2025
#Private #telecom #companies #report #healthy #supported #steady #arpu #growth #profit #subscribers #Financial