Moneycontrol
Feb 02, 2013 12:28 PM IST | Source: Reuters

Bharti Airtel hopes to issue bonds upto $1bn in FY13: Exec

Bharti Airtel Ltd , India's top mobile network operator, hopes to issue dollar bonds of up to USD 1 billion in the current fiscal year that ends in March, Sarvjit Dhillon, Group CFO at Bharti Enterprises, said on Friday.

 
 
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Bharti Airtel Ltd , India's top mobile network operator, hopes to issue dollar bonds of up to USD 1 billion in the current fiscal year that ends in March, Sarvjit Dhillon, Group CFO at Bharti Enterprises, said on Friday.


Bharti Enterprises is the parent of Bharti Airtel which on Friday reported a fall in net profit for the twelfth consecutive quarter, missing estimates by a wide margin.


Bharti Airtel, controlled by billionaire Sunil Mittal, said consolidated net profit fell to Rs 284 crore in the fiscal third quarter that ended December 31, from Rs 1011 crore a year earlier.


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