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Bharti Infratel Q2 net up 25 per cent

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  24 Oct 2015 12:00 AM GMT

New Delhi, October 23: Telecommunications tower company Bharti Infratel on Monday reported a 25 percent increase in net profit at Rs.579 crore for the quarter ending September. The company, which saw an increase of four percent in total revenue at Rs.3,038 crore, had reported a net profit of Rs.465 crore for the corresponding period last fiscal. It reported a total revenue of Rs.2,930 crore for the corresponding period last year. “Mobile data are going to be a key pillar of growth for the Indian telecom industry. We are already witnessing clear signs of accelerated 3G and 4G rollouts by the operators, with a multi-fold increase in such installations compared with last year,” Bharti Infratel Chairman Akhil Gupta said. (IANS)

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