The company has posted net profit of Rs 638 crore for the second quarter of 2017-18, compared to Rs 774 crore during the corresponding quarter a year back.
The company's revenue grew by 11 per cent during the quarter. It has clocked revenue of Rs 3,648 crore for the second quarter of 2017-18, up from Rs 3,292 crore posted during the same quarter a year back.
"Indian telecom has embraced the data centric model and is emerging as the showcase of digital technology with operators rolling out 4G networks and India planning a leadership role on upcoming 5G technology and associated applications. Leading operators have announced enhanced investment plans towards improvising digital infrastructure," said Akhil Gupta, Chairman, Bharti Infratel Ltd.
"The government's Smart Cities programme presents additional opportunity to create infrastructure for sharing on a non-discriminatory basis. All of this is good for the sector at large," he said.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.