Bharti Infratel Shares Fall Over 1% After Q2 Earnings

Bharti Infratel shares fell as much as 1.66 per cent to Rs 257.45 apiece on the BSE, a day after the company reported its earnings for the quarter ended September 30. In a regulatory filing on Monday, the company said its profit after tax rose 61 epr cent to Rs 964 crore. Revenue, however, declined 1 per cent to Rs 3,638 crore. Bharti Infratel's operating profit - or earnings before interest, tax, depreciation and amortization (EBITDA) rose 25 per cent to Rs. 1,885 crore, representing an operating margin of 51.8 per cent.





At 1:24 pm, Bharti Infratel shares traded 1.15 per cent lower at Rs 258.80 apiece on the BSE, underperforming the benchmark Sensex index which was down 0.24 per cent.



