Q3 results today: Vodafone Idea, IRCTC among 338 companies to announce earnings on Tuesday

Apart from the above, companies like Zee Media, Reliance Home Finance, Keystone Realtors, NBCC (India), Lupin, Indus Finance, BLS International, Bajaj Healthcare and a few others will also declare their quarter results.

Vodafone Idea Q3 expectations

Embattled telco Vodafone Idea is likely to narrow its losses on a sequential basis, while expanding the revenues in the third quarter, driven by residual impact of tariff hike and ARPU uptick.When compared with the prior year period, analysts are mixed about whether the losses would widen or shrink. While Kotak Equities estimates loss to come down to Rs 6,697 crore, Motilal Oswal and Nuvama see the negative bottomline higher.Revenue from operations in the October-December 2024 period are seen rising 6% year-on-year (YoY), according to an average estimate of four brokerages.

Analysts are modeling EoP subscriber base to decline by 2 million QoQ and ARPU to increase 7.5% QoQ to Rs 168 per month on tariff hikes and continuing subscriber mix improvements.

“We expect revenue growth of 5% QoQ on ARPU uptick, led by tariff hikes, partially offset by continued subs decline. Reported EBITDA is likely to increase 7-8% QoQ on higher ARPUs,” said Kotak Equities.

Nuvama, on the other hand, is estimating a revenue growth of 1.4% QoQ, driven by residual impact of tariff hike.

“EBITDA margins to expand by 30 bps QoQ. Key monitorables include plans to increase network capacity, progress on 5G rollout and arrest subscriber decline,” the brokerage said.

Key monitorables from the company will include plans to increase network capacity, progress on 5G rollout and arresting subscriber decline.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)