Bharti Infratel Q3 profit seen down 5.2%, margin may be flat

Telecom tower infrastructure services provider Bharti Infratel's third quarter profit is seen falling 5.2 percent quarter-on-quarter to Rs 733 crore, according to analysts polled by CNBC-TV18.

January 20, 2017 / 17:06 IST

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Telecom tower infrastructure services provider Bharti Infratel's third quarter profit is seen falling 5.2 percent quarter-on-quarter to Rs 733 crore, according to analysts polled by CNBC-TV18.

Revenue during the quarter may increase 1.5 percent to Rs 3,341 crore from Rs 3,291.9 crore in previous quarter.

Operating profit may rise moderately to Rs 1,475 crore from Rs 1,453.7 crore and margin may be flat at 44.15 percent on sequential basis.

Analysts expect a pickup in tenancy in Q3.

Key factor to watch out for would be the update on Bharti Airtel's stake sale plans. Bharti Airtel held 71.96 percent in Bharti Infratel as of December 2016.

first published: Jan 20, 2017 05:06 pm

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