27 May 2019 | 12:22 AM

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COMPANYNEWS
Bharti Infratel Q4 net profit up 16.19% at Rs 389.00 cr
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Published on 04-25-2019
The company reported standalone net profit of Rs 389.00 crore for the quarter ended March 31 2019 as compared to Rs 334.80 crore in the same period last year registering a year-on-year growth of 16.19 per cent.


Net revenue of the company rose by 0.17 per cent at Rs 1674.60 crore in January-March quarter of this fiscal as against Rs 1671.70 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 4.14 per cent to Rs 920.60 crore from Rs 884.00 crore in year ago period.


Other Income dipped by 60.00 per cent at Rs 18.60 crore versus (Mar`18 Rs 46.50 crore).


Operating Profit slipped by 4.28 per cent to Rs 754.00 crore as against Rs 787.70 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 4.44 per cent in March quarter.


Interest grew by 179.79 per cent y-o-y to Rs -81.70 crore while Taxation increased by 0.86 per cent at Rs 212.20 crore (Mar`18 Rs 210.40 crore).