What brokers expect from Vodafone Idea after Q3 result:
To begin with, on Feb 12, one of the major telecom company Vodafone Idea share values tumbled by 7% after the Q3 results. But, what brokers expect from Vodafone Idea is 1.6% growth in revenue.
Moreover, Kotak Securities expects a 4% growth in the hike of tax tariffs. in the total income on the back of tariff hikes. The stocks affected due to the stock subscribers declined to 308.1 million in the 2nd quarter.
The agency expects, the investor’s average revenue may increase by 6% or Rs 113. Also, the operating leverage profit and realization of cost-saving synergies may raise to Rs 1,400 cr with 34% growth.
The Kotak has a loss of Rs 4,444.30 cr and a revenue of Rs 11,235.5 cr in the Spe quarter due to the debits and dues.
Furthermore, Edelweiss Securities expects a 1.6% growth in Vodafone Idea revenue, but the subscribers decrease to 5.7 million. Due to the feature phone subscribers of RJio by the sales of Jio Phone.
Moreover, they expect a 3.9% growth in ARPU and the margin level growth of 80 points or 31.7% in the synergy account. But it has penciled in a loss of Rs 4,620.1 cr.
Vodafone Idea Limited share trading with a loss of 0.35 points reached 4.50 INR with 7.22% down. Its previous close at 4.85 INR. Vodafone Idea Limited Share outstanding with 28,735,400,000.