India’s sole listed tower company’s consolidated net profit for the October-December period came in at Rs 648 crore, up from Rs 585 crore a year back. Net finance income for the quarter came in at Rs 601 crore compared with an expense of Rs 510 crore a year ago.
Quarterly consolidated revenue, however, was flat at Rs 3,640 crore, the company said in a statement Wednesday.
The company’s results were announced after market hours. Bharti Infratel's stock closed flat at Rs 277.90 on BSE Wednesday.
“The consolidation and integration phase in Indian telecom industry<\/a> along with exits of co-locations is largely over,” Akhil Gupta, chairman at Bharti Infratel, said in the statement. “We are now looking at the next phase of network and related infrastructure roll outs by operators—first for 4G<\/a> and subsequently for rapidly evolving 5G—to cater to ever growing demand for data.”
“These would require large investments, thereby presenting potential for sizeable growth for passive infrastructure companies going forward,” he added.
For the quarter though, the rapid shrinking of the industry—primarily the merger of Vodafone India and Idea Cellular—continued to weigh on the tower company’s operational income.
The company’s consolidated earnings before interest, tax, depreciation & amortisation (Ebitda) fell 6% on-year to Rs 1,513 crore for the quarter ended December 2018, while operating free cash flow rose 13% on-year to Rs 1,093 crore during the period.
Bharti Infratel’s tower base increased by 1,294 on-year and 178 sequentially to 92,301 in the fiscal third quarter. But the tower company alone lost a whopping 39.027 co-locations on-year and 173 on-quarter, reducing its total count to 174,449 as of December-end.
Revenue from operations included exit charges—or charges paid by clients to exit locations ahead of a contracted term—of Rs 55.3, the company said.
Co-locations are points where a tower company deploys mobile telecom antennae of multiple carriers on a single structure.
The exits, accordingly, reflected in a lower average sharing factor, which dropped to 1.89 from 2.04 in the September quarter. The sharing revenue per tower a month, in turn, fell nearly 1.4% on-quarter to Rs 75,775.
Bharti Infratel’s tower base includes units by virtue of its 42% stake in Indus Towers. The two companies though are in the process of merging their operations, a deal which is expected to be completed in the first quarter of the financial year starting April 1, 2019. The new entity, which would create the largest mobile tower operator in the world outside China, is estimated to have 163,000 towers across 22 telecom service areas in India.
Quarterly Ebitda margin expanded to 41.6% from 41.1% in the previous quarter.
Consolidated expenses for the December quarter totalled Rs 2,127.4 crore, up 4% on-year. The largest components were power & fuel at Rs 1,418.4 crore, up 9% on-year, followed by rent at Rs 305 crore, down 4%, while repairs & maintenance fell 11% to Rs 202.1 crore.
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鼓吹第三季度净利润增长11%,达到648卢比
公司的合并息税前利润同比下跌6%到1513卢比,而操作的自由现金流(OFCF)站在1093卢比,year-an-year上涨了13%。
鼓吹报告一年比上涨11%净利润的第三财政季度,净财政收入和更低的税收,尽管协同定位在其电信网站继续下跌,行业整合。
印度的独家上市塔公司的合并净利润去年第四段为648卢比,每年从585卢比。该季度净财政收入601卢比而牺牲一年前510卢比。
然而,季合并营收持平在3640卢比,该公司周三在一份声明中说。
公司的市场小时后结果公布。鼓吹他的股票周三在疯牛病平收于277.90卢比。
印度电信“整合和集成阶段行业以及出口的协同定位在很大程度上是“Akhil古普塔在鼓吹,主席在声明中称。“我们现在看到的下一阶段网络和相关基础设施运营商首次出局的4 g随后迅速发展的5 g迎合日益增长的数据需求。”
“这些需要大量投资,从而为被动呈现相当大的增长潜力基础设施公司展望未来,”他补充道。
然而,对于本季度的快速萎缩industry-primarily沃达丰印度和想法的合并Cellular-continued打压塔公司的运营收入。
公司的合并利息、税收、折旧和摊销前利润(Ebitda)同比下降6% 1513卢比截至2018年12月的季度,而操作自由现金流同比上涨13%,期间1093卢比。
鼓吹他的塔基础顺序同比增加了1294和178年到92301年的第三季度的财政。但塔公司仅同比下跌高达39.027协同定位和173年一季度经济,减少其December-end死亡总人数达到174449。
业务收入包括退出指控或费用由客户支付出口位置之前,合同期限Rs 55.3,该公司表示。
主机代管点塔公司部署多个运营商的移动通信天线在一个结构。
退出,因此,反映在一个较低的平均共享的因素,从9月的2.04降至1.89。每月每塔分享收入,反过来,一季度Rs 75775下降了近1.4%。
鼓吹他的塔基础包括单位由于印度塔42%的股份。这两家公司虽然是合并业务的过程中,交易预计将完成第一季度的财政年度从4月1日开始,2019年。新实体,这将创建世界上最大的移动塔运营商中国以外,估计163000塔22日在印度电信服务领域。
季度的Ebitda利润率从上季度的41.1%扩大到41.6%。
巩固12月当季费用总计2127。4卢比,同比增长4%。最大的电力燃料组件在1418。4卢比,同比上涨了9%,紧随其后的是租金在305卢比,下降了4%,而维修&维护股价下跌11%,至202.1卢比。
印度的独家上市塔公司的合并净利润去年第四段为648卢比,每年从585卢比。该季度净财政收入601卢比而牺牲一年前510卢比。
然而,季合并营收持平在3640卢比,该公司周三在一份声明中说。
公司的市场小时后结果公布。鼓吹他的股票周三在疯牛病平收于277.90卢比。
印度电信“整合和集成阶段行业以及出口的协同定位在很大程度上是“Akhil古普塔在鼓吹,主席在声明中称。“我们现在看到的下一阶段网络和相关基础设施运营商首次出局的4 g随后迅速发展的5 g迎合日益增长的数据需求。”
“这些需要大量投资,从而为被动呈现相当大的增长潜力基础设施公司展望未来,”他补充道。
然而,对于本季度的快速萎缩industry-primarily沃达丰印度和想法的合并Cellular-continued打压塔公司的运营收入。
公司的合并利息、税收、折旧和摊销前利润(Ebitda)同比下降6% 1513卢比截至2018年12月的季度,而操作自由现金流同比上涨13%,期间1093卢比。
鼓吹他的塔基础顺序同比增加了1294和178年到92301年的第三季度的财政。但塔公司仅同比下跌高达39.027协同定位和173年一季度经济,减少其December-end死亡总人数达到174449。
业务收入包括退出指控或费用由客户支付出口位置之前,合同期限Rs 55.3,该公司表示。
主机代管点塔公司部署多个运营商的移动通信天线在一个结构。
退出,因此,反映在一个较低的平均共享的因素,从9月的2.04降至1.89。每月每塔分享收入,反过来,一季度Rs 75775下降了近1.4%。
鼓吹他的塔基础包括单位由于印度塔42%的股份。这两家公司虽然是合并业务的过程中,交易预计将完成第一季度的财政年度从4月1日开始,2019年。新实体,这将创建世界上最大的移动塔运营商中国以外,估计163000塔22日在印度电信服务领域。
季度的Ebitda利润率从上季度的41.1%扩大到41.6%。
巩固12月当季费用总计2127。4卢比,同比增长4%。最大的电力燃料组件在1418。4卢比,同比上涨了9%,紧随其后的是租金在305卢比,下降了4%,而维修&维护股价下跌11%,至202.1卢比。
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