Bharti Infratel posts double digit profit.

Bharti Infratel Ltd. has announced its Q4FY16 results. Bharti Infratel ‘s Consolidated Net Income from Operations has seen an increase of around 2 per cent, a single digit growth. It stands at Rs 3169.9 crores as compared to the previous quarter where the Net Income from Operations was at Rs 3093 crore. EBITDA margin has been in green, has increased by 6 per cent and stands at Rs 1425 crore, as compared to the previous year. Net Profit for the Q4FY16 stands at Rs 661.7 crore as against Rs 565.4 crore for the previous quarter. Net Profits for the Q4FY16 saw an increase of 17 per cent on a (QoQ) basis.

On a YoY basis, Bharti Infratel Ltd. has recorded a good consolidated Net Income from Operations. Net Income from Operations increased by 5 per cent and stands  at Rs 12308.4 crore. EBITDA margin has also increased by 7 per cent and stands at Rs 5366 crores as compared to Rs 5004 crore for the previous year. Consolidated Net Profit has seen a double digit growth in numbers, wherein Net Profits have increased by 20 per cent and stand at Rs 2382 crore. There has been an increase in other income to a significant extent.  Other income has increased by 42 per cent and stands at Rs 743.8 crore.

Bharti Infratel shares are trading in green on the exchanges on the eve of positive results. Currently the shares are trading at Rs 376.35, up by 13.35 per cent.

Bharti Infratel Limited is a Public Company incorporated on 30 November 2006. It is classified as Indian Non-Government Company and is registered at Registrar of Companies, Delhi. Its authorised share capital is Rs. 35,000,001,000. It is in involved in activities of providing Telecom Tower Infrastructure Sharing for telecommunication services.