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Idea Cellular Q3 profit may increase 3.8% to Rs 785cr: Poll

Idea Cellular’s third quarter profit is seen going up 3.8 percent sequentially to Rs 785 crore, according to the average of estimates of analysts polled by CNBC-TV18.

Idea Cellular Q3 profit may increase 3.8% to Rs 785cr: Poll

Idea Cellular ‘s third quarter profit is seen going up 3.8 percent sequentially to Rs 785 crore, according to the average of estimates of analysts polled by CNBC-TV18.

Revenue may increase 5.4 percent to Rs 7,981 crore in the quarter ended December 2014 from Rs 7,569.9 crore in the same quarter last fiscal.

Operating profit is seen rising 6 percent to Rs 2,640 crore and margin may expand 17 basis points to 33.07 percent during the quarter on sequential basis. Margin growth may be aided by diesel price cuts and operating leverage.

Key performance indicators

Total volume of the telecom operator may rise 4.4 percent to 169.5 billion minutes in Q3 against 162.45 billion minutes carried on its network in previous quarter.

Minutes of usage are expected to increase 0.5 percent quarter-on-quarter to 386 minutes against 384 minutes in Q2FY15. Average revenue per user may go up 2 percent Q-o-Q to Rs 179.5 and revenue per minute may increase 0.8 percent to 46.3 paise in the quarter gone by.

Voice revenue per minute is seen rising 0.3 percent to 36.3 paise from 36.2 paise during the same period.

Quarter-on-quarter numbers may look smart given Q2 was a seasonally weak quarter for the telecom operator. In Q2FY15 revenue grew 0.1 percent while volume fell 1.7 percent.

Analysts may see big growth in the data business. In Q2, data revenues jumped 22.5 percent and volume growth was 21.25 percent. Data as a percentage of revenue was 14 percent and data revenue per minute increased 26.5 paise versus 26.3 paise Q-o-Q.

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