Bharti Infratel disclosed a substantial rise in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 40.64% to Rs 272.70 million from Rs 193.90 million in the same quarter last year.
Net sales for the quarter rose 11.30% to Rs 1,294.00 million, compared with Rs 1,163 million for the prior year period.
Earnings per share for the quarter stood at Rs 1.44, registering 40.72% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 1,294.00 | 1,162.60 | 11.30 |
Net Profit | 272.70 | 193.90 | 40.64 |
Basic EPS | 1.44 | 1.02 | 40.72 |
Shares of the company gained Rs 6.45, or 3.26%, to trade at Rs 204.35. The total volume of shares traded was 22,221 at the BSE (3.57 p.m., Wednesday).