Bharti Infratel Ltd: Q3FY17 results
Bhagyashree Vivarekar / 24 Jan 2017
Bharti Infratel Ltd., has reported its results for the quarter ended December 31, 2016.
Total sales for this quarter, Q3FY17, have come in at Rs 3400.7 crore. This represents a 3.31% sequential increase; and 9.51% YoY increase.
Bharti Infratel Ltd., has reported its results for the quarter ended December 31, 2016.
Total sales for this quarter, Q3FY17, have come in at Rs 3400.7 crore. This represents a 3.31% sequential increase; and 9.51% YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounts to
Rs 2282.9 crores and the EBIT margin stands at 67.13%.
The company has reported a PAT figure of
Rs 620.4 crores, which represents a sequential QoQ decline of 19.82%; and a YoY increase of 25.33%.
Bharti Infratel is one of the pioneers of Shared Tower Telecom Infrastructure services. Infratel has helped Telecom operators maximise their reach in a short period of time by providing them with compelling capex saving opportunities, resultantly making them focus their investment in reaching out to more and more communities across the country, and contributing in offering highly affordable telecom services, which helps integrate more subscribers into the mainstream, and connect them to the rest of the world.
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