Indus Towers Ltd.

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Bharti Infratel reports 68% growth in consolidated Q2 net profit

Date: 28-10-2014

Bharti Infratel has reported results for second quarter ended September 30, 2014.

The company has registered 255.49% rise in its net profit at Rs 527.2 crore for the quarter under review as compared to Rs 148.3 crore for the same quarter in the previous year. Total income of the bank has increased 36.37% at Rs 1717.5 crore for Q2FY15 as compared Rs 1259.4 crore for the corresponding quarter previous year.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 67.70% growth at Rs 465.2 crore against Rs 277.4 crore in the September quarter of previous fiscal. The company’s total income has increased by 11.06% at Rs 3043.8 crore for the quarter from Rs 2740.6 crore in the similar quarter of previous year.