JPL's profit after tax (PAT) for the quarter is expected to be flat at Rs 4,753.8 crore as the company recognises a portion of 4G spectrum cost, said ICICI Securities. The firm expects Bharti Airtel to benefit from lower forex in the quarter, pushing its PAT up nearly 49% quarter-on-quarter to Rs 3,194.5 crore.
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Thursday, January 5, 2023
Revenue growth of telcos likely to be sluggish in Q3
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