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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.

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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.