Bharti Infratel has posted financial results for the quarter ended March 31, 2015. The tower company has reported consolidated net profit of Rs 5.58 billion for the quarter ended March 2015, a growth of 18 per cent over Rs 4.72 billion earned during the quarter ended March 2014. Revenues for the company grew from Rs 27.90 million for the quarter ended March 2014 to Rs 29.46 million for the same quarter in 2015.
For the year ended March 2015, the company?s net profit stood at Rs 19.92 billion as against Rs 15.18 billion during the year ended March 2014. Meanwhile, the company?s revenues grew from Rs 108.26 billion for the year ended March 2014 to Rs 116.68 billion for the year ended March 2015.
The total tower base of the company stood at 85,892 as on March 31, 2015 along with 182,294 co-locations, while the average sharing factor increased to 2.11 from 2.08 in the same period in the previous year.
