Bharti Infratel announced a sharp rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 2.74 times to Rs 12,067.00 million from Rs 4,412.00 million in the same quarter last year.
Net sales for the quarter rose 10.86% to Rs 13,229.00 million, compared with Rs 11,933 million for the prior year period.
Earnings per share for the quarter stood at Rs 6.37, registering 2.73 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 13,229.00 | 11,933.00 | 10.86 |
| Net Profit | 12,067.00 | 4,412.00 | 173.50 |
| Basic EPS | 6.37 | 2.33 | 173.44 |
Shares of the company declined Rs 9.8, or 3.63%, to settle at Rs 260.00. The total volume of shares traded was 9,541 at the BSE (Thursday).
