Vodafone Idea Q3 results today: Will the telecom operator pleasantly surprise or disappoint?

Vodafone Ideas net loss for the quarter ended September is seen reducing marginally to around Rs 7,770 crore, compared with Rs 7,840 crore loss in the June quarter. Investors would watch out for the management commentary on the update on fund-raising and the arrest subscriber decline

The telecom operator is expected to report a net loss of Rs 6,895 crore for the June quarter, compared to a loss of Rs 7,297 crore a year ago, and a loss of Rs 6,419 crore a quarter ago. Consolidated revenue from operations is seen rising 1.5% YoY and 0.4% sequentially to Rs 10,570 crore.

The company's Q4 operating profit is likely to increase on strong refining and retail performance.

Tata Motors Q3 Results: Tata Motors reported a surge in consolidated net profit for the quarter ended December, surpassing expectations. Consolidated revenue from operations also increased. The company's EBITDA and operating margin showed significant growth despite rising raw material costs. Consolidated finance costs reduced due to a reduction in gross debt.

Tata Motors is expected to report a net profit of between INR 3,100 to 3,204 crore and revenue growth of up to 34% for Q4 on the back of strong EBITDA expansion across divisions. DLF will post a small increase with reported net profits at INR 477 crore, whereas Vedanta may experience a 48% decline with net profits anywhere between INR 2,168 crore to 2,618 crore. Cipla is expected to report a 5% YoY growth for domestic sales, but Kotak suggests a 16% decline in South Africa for the March quarter.

Paytm Q4 results: Fintech giant posted a healthy quarter with a steep narrowing in consolidated net loss, while revenue sees a strong double-digit growth YoY.

Bharti Airtel is expected to report a consolidated net profit of Rs 38,068 crore for the October-December quarter, a 6.3% YoY jump. Revenues are expected to reach Rs 38,800 crore, an 8.4% YoY growth. The profit after tax (PAT) is expected to be Rs 2,340 crore, a 10.5% YoY decrease. ARPU is projected to grow 1% QoQ to Rs 205. Africa's revenue is expected to fall 2% QoQ to $1,221 million. Bharti Airtel is targeting a Rs 50,000 crore market opportunity with its enterprise offerings.

The telecom operator is expected to post a consolidated net loss of Rs 7,524 crore, according to the average of estimates given by 4 brokerages. This would be higher than the loss of Rs 6,563 crore posted a year ago. On a sequential basis, however, the losses are seen narrowing. The company will release its quarterly numbers on Thursday. Consolidated revenue for the quarter is seen rising 3% on year to Rs 10,543 crore, but falling by around 1% sequentially.

Power Grid's consolidated net profit fell 5% to Rs 3,597 crore in the first quarter. The company's Board has also recommended the issue of bonus shares in the ratio of 1:3.

Axis Bank has received approval to infuse Rs 1,612 crore in Max Life Insurance by subscribing to shares on preferential basis.