NEW DELHI: BhartiInfratel, the tower arm of telecom major BhartiAirtel, on Monday reported a 67.6% jump in net profit at Rs 357.6 crore for the first quarter ended June 30, 2013.
The company had reported a net profit of Rs 213.4 crore in the corresponding period last year. The total income of the company during the quarter under review stood at Rs 2,622 crore as against Rs 2,416.6 crore for the same period a year ago.
"We are pleased that our results demonstrate and reaffirm our robust business model, whereby despite relatively low capex deployment by operators in the current quarter, we had significant incremental financial gains from increased sharing of our infrastructure," Bharti Infratel Vice Chairman and Managing Director Akhil Gupta said in a statement.
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