BHARTI INFRATEL LTD. has reported financial results for the period ended June 30, 2020.
Financial Results (Q1 FY 2020-21) - QoQ Comparison
The company has reported total income of Rs.1651.9 crores during the period ended June 30, 2020 as compared to Rs.1720.7 crores during the period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.703.6 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.649.5 crores for the period ended March 31, 2020.
The company has reported EPS of Rs.3.804 for the period ended June 30, 2020 as compared to Rs.3.512 for the period ended March 31, 2020.
|
Total Income | ₹ 1651.9 crs | ₹ 1720.7 crs | -4% |
Net Profit | ₹ 703.6 crs | ₹ 649.5 crs | 8.33% |
EPS | ₹ 3.804 | ₹ 3.512 | 8.31% |
Financial Results (Q1 FY 2020-21) - YoY ComparisonThe company has reported total income of Rs.1651.9 crores during the period ended June 30, 2020 as compared to Rs.1778.2 crores during the period ended June 30, 2019.
The company has posted net profit / (loss) of Rs.703.6 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.887 crores for the period ended June 30, 2019.
The company has reported EPS of Rs.3.804 for the period ended June 30, 2020 as compared to Rs.4.797 for the period ended June 30, 2019.
|
Total Income | ₹ 1651.9 crs | ₹ 1778.2 crs | -7.1% |
Net Profit | ₹ 703.6 crs | ₹ 887 crs | -20.68% |
EPS | ₹ 3.804 | ₹ 4.797 | -20.7% |
Akhil Gupta, Chairman, Bharti Infratel Limited, said: "The ongoing Covid-19 crisis has emerged as a significant global public health challenge while bringing economic activity to a virtual standstill in many countries. India is also witnessing an unprecedented crisis on account of the same. During this time, the Indian Telecom industry has been providing much needed support in the form of connectivity to the public at large. It is a matter of satisfaction for all of us at Indus and Infratel to rise to the occasion in providing vital connectivity which has kept the country connected and businesses continuing despite a very large number of people working from home. My compliments to the entire team particularly those in the field for enabling us to perform this crucial national duty.
The resilience shown by telecom industry as a vital service even in the wake of extreme exigencies like Covid-19, bears well for the future potential of our infrastructure industry. We remain fully prepared in maintaining and strengthening our leadership position going forward."
Shares of BHARTI INFRATEL LTD. was last trading in BSE at Rs.195.7 as compared to the previous close of Rs. 200.7. The total number of shares traded during the day was 723697 in over 5419 trades.
The stock hit an intraday high of Rs. 200 and intraday low of 192.35. The net turnover during the day was Rs. 141849506.
Source : Equity Bulls
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