Telecom Sector: Q3 ( Oct – Dec ’16 ) Numbers and Analysis
Q3 was disappointing for the Telecom sector.
Reliance-Jio has played a crucial role in the show.
As far as numbers are concern, the profits and revenues of the companies were almost down.
Market leader Bharti Airtel and Idea has posted a huge loss in the quarter while R.com has managed to cut its losses.
The only performer in the sector for the quarter ended 31 December 2016 was “TATA Communications” ( on account of realisation from sale of its data centre ) where the company has posted INR 1482 Cr of profit and 37.6% growth in Revenue as compared to same period last year.
Here is the data:
Up next is the numbers and analysis from “Paint” sector.
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