Bharti Infratel Q4 net revenue drops by 2% to 3600 Cr

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New Delhi : Bharti Infratel Limited  has reported 2% drop in consolidated revenue at Rs.3600 Crore. Consolidated EBITDA was at Rs. 1,534 Crore, representing an operating margin of 42.6%. The Operating Free Cash Flow was at Rs. 1,154 Crore for the quarter. The net profit for the quarter was Rs. 608 Crore. Despite major co-location exits in the quarter and during the year due to consolidation in telecom industry, the Company has been able to maintain net profit at same level and report operating free cash flow growth of 14% on Y-o-Y basis. The Return on Equity pre-tax and post-tax was also maintained to 26.1% and 15.8% as against 26.1% and 15.4% respectively on Y-o-Y basis.

On the other hand, the company’s consolidated net Revenue increased by only 1% to Rs.14,582  Crore and consolidated net profit remain flat at Rs. 2494 Crore. Meanwhile, the consolidated EBIDTA has dropped by 6% to Rs.6073 Crore.

The Board of Directors in its meeting held on 24th April 2019 declared a 2nd interim dividend of Rs.7.50 per equity share of Rs. 10 each for financial year 2018-19.

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