Bharti Infratel's net profit rose 31 percent year-on-year (Y-o-Y) in the present fiscal, according to the second quarter results announced. The company is aiming to benefit from the recently ended spectrum auction. Net profit increased to 774 for the quarter that ended on September 30, 2016, as compared to 592 crore during the corresponding quarter in the previous fiscal. Total income from operations jumped 9 percent to 1496.3 crore in the last reported quarter, from 1372.6 crore as against the year-ago period. The company's consolidated EBITDA rose to 1454 crore, which showed a 10 percent Y-o-Y rise, which was 887, up 18 percent during the last financial year.


 

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