Bharti Infratel reports financial results for the quarter ended March 31, 2013
Bharti Infratel has posted its results for the quarter ended March 31, 2013.
The company reported a 34.3 per cent increase in its net profit to Rs 2.87 billion in the period under consideration, compared to Rs 2.14 billion in the corresponding quarter last year.
Meanwhile, its revenues increased by 11.3 per cent to Rs 26.74 billion and the sharing revenue per tower per month increased marginally by 1.8 per cent.
The company's board of directors has proposed a full year dividend of Rs 4 per equity share for the year ended March 31, 2013 (including the interim dividend of Rs 1 per share already paid during the quarter ended September 30, 2012). The total dividend payout inclusive of Rs 1.25 billion as tax on dividend will amount to Rs 8.65 billion.
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