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But the bottomline fell 17% sequentially as cautious telcos like Bharti Airtel<\/a> and Vodafone Idea<\/a>, facing over Rs89,000 crores in adjusted gross revenue (AGR<\/a>) dues, cut back on expansion.
The company clocked in a net profit of Rs 799 crores in the October-December quarter. However, the net profit on a sequential basis, declined 17% to Rs 964 crores during the previous quarter.
Quarterly consolidated revenue rose 1% on-year to Rs 3673 crore, as per the financial result announced by the company after market hours on Thursday.
The company’s consolidated earnings before interest, tax, depreciation & amortization (EBITDA) grew 24% to Rs 1883 crore on year while the operating cash flow was up 8% on-year to Rs 1181 crore.
“We witnessed yet another quarter of improved net additions on both towers and co-locations during the quarter ended December 31, 2019, with net tower additions being the highest in four years on a quarterly basis. As a result, the Company has been able to largely recover the revenue and profitability that was lost due to large exits of co-locations that it witnessed over the last few quarters,” said Akhil Gupta<\/a>, Chairman, Bharti Infratel<\/a> Limited.
The company added a whopping 823 towers quarterly leading to an installed base of 94,244. This has also led to a strong uptick in sharing revenue per tower by 7% on annual basis.
It also added net 744 co-locations in the said quarter taking the total number to 1,74,150. However, on an annual basis, it lost 299 co-locations, which is a substantially muted loss as compared to the quarters gone by in this fiscal.
Co-locations are points where a tower company deploys mobile telecom antennae of multiple carriers on a single structure.
The company also said that the AGR<\/a> (Adjusted Gross Revenue) situation of the industry<\/a> has weighed on the growth in net tower and co-location additions.
“The telecom industry<\/a> continues to have financial uncertainty due to the recent AGR case judgement by the Hon’ble Supreme Court, but for which we believe that the growth of towers and co-locations would have been even stronger,” Gupta said.
He also added that a positive outcome from telco’s plea in the Supreme Court will speed up investment in their network benefitting Bharti Infratel and Indus Towers<\/a> in future.
Bharti Infratel’s tower base includes units by virtue of its 42% stake in Indus Towers<\/a>.
Indus Towers is a Bharti Infratel’s joint venture with UK-based Vodafone Group and Vodafone Idea<\/a> holding 42% and 11.15% respectively. Bharti Infratel’s merger deal with Indus Towers is stuck with government approvals and the deal’s deadline has been extended twice since the proposal with no assurance of completion.
The proposed merger of Bharti Infratel with Indus Towers aims to create one of the world’s largest telecom tower companies with more than 163,000 towers.
The company’s consolidated operating expenses fell by 16% to Rs 17,902 million with major components being power and fuel which declined by 4%, followed by repairs and maintenance which fell 8%. There was no rent paid in the just ended quarter, against a rental expense of Rs 3,050 crore a year back.
Bharti Infratel’s stock closed 0.43% higher at Rs 246.25 per piece on BSE on Thursday.
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鼓吹第三季度净利润下降和Q2;电信公司的AGR问题重增长
电信塔公司鼓吹净利润同比上升了23%,本财年第三季度由于提高净增加塔和主机代管。但底线环比下降17%,谨慎巴蒂电信和沃达丰电信公司的想法,面对在Rs89,000卢比在调整后的总收益(AGR)费,减少扩张。
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但是底线顺序等谨慎的电信公司下跌了17%Bharti Airtel和沃达丰的想法,面对Rs89,000卢比在调整收入总额(AGR费,减少扩张。
该公司以净利润的Rs 799卢比在去年第四季度。然而,净利润在连续的基础上,下降了17%在第一季度Rs 964卢比。
季合并营收同比增长1%至3673卢比,根据金融市场小时后该公司周四宣布的结果。
公司的合并收益未计利息、税项、折旧及摊销之利润(EBITDA)同比增长24%,至1883卢比,而营运现金流量同比上升了8%至1181卢比。
“我们见证了又一个季度提高净增加塔和主机代管一季度截至12月31日期间,2019年,净增加塔是最高的四年按季度。因此,该公司一直能够很大程度上恢复失去的收入和利润,由于大量出口协同定位,它见证了过去几个季度,”说Akhil Gupta)主席,鼓吹有限的。
公司增加了一个高达823塔季度导致94244的安装基础。这也导致了每塔分享收入强劲增长7%在年度基础上。
它还说季度净增加了744个主机代管总数为1,74150。然而,在年度基础上,大幅协同定位,却有299人失业,这是一个低调的损失相比在这个财政季度过去了。
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。
该公司还表示,AGR(调整后的总收益)的情况行业拖累了增长的净塔和添加主机代管。
“电信行业继续由于最近的AGR金融不确定性情况下鸿'ble最高法院的判决,但我们相信塔的增长和协同定位会更强,”古普塔说。
他还补充说,一个积极的结果从电信的请求最高法院将加快投资在他们的网络中鼓吹印度塔在未来。
鼓吹他的塔基础包括单位由于其42%的股份印度塔。
印度塔是鼓吹与英国沃达丰集团的合资企业沃达丰的想法分别持有42%和11.15%。鼓吹的合并处理印度塔是坚持政府审批和交易以来的最后期限被延长两次提案没有完成的保证。
鼓吹的合并与印度塔旨在创建一个世界上最大的电信塔公司超过163000塔。
公司的合并营业费用下降了16%,至179.02亿卢比主要组件是电力和燃料下降了4%,紧随其后的是修理和维护,下跌了8%。刚刚结束的季度没有付房租,每年的租赁费用3050卢比。
鼓吹股价收涨0.43%,报246.25 Rs每件在周四疯牛病。
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