Bharti Infratel Limited reported audited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on the standalone basis, net sales/income from operation was INR 14,031 million against INR 13,594 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3,310 million against INR 3,228 million a year ago. Profit from ordinary activities before tax was INR 4,487 million against INR 4,089 million a year ago. Net profit was INR 2,953 million or INR 1.557 per basic and diluted share before and after extraordinary items against INR 2,739 million or INR 1.446 per diluted share before and after extraordinary items a year ago. EBITDA was INR 6,314 million against INR 6,109 million a year ago. Capex was INR 2,412 million against INR 2,584 million a year ago. Operating free cash flow was INR 3,805 million against INR 3,229 million a year ago. Adjusted fund from operations (AFFO) was INR 5,689 million against INR 5,319 million a year ago.

For the nine months, on the standalone basis, net sales/income from operation was INR 41,763 million against INR 40,516 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 9,759 million against INR 9,263 million a year ago. Profit from ordinary activities before tax was INR 14,585 million against INR 23,906 million a year ago. Net profit was INR 9,521 million or INR 5.022 per basic and diluted share before and after extraordinary items against INR 20,078 million or INR 10.604 per diluted share before and after extraordinary items a year ago. EBITDA was INR 18,655 million against INR 17,748 million a year ago. Capex was INR 7,874 million against INR 7,460 million a year ago. Operating free cash flow was INR 10,345 million against INR 9,294 million a year ago. Adjusted fund from operations (AFFO) was INR 16,248 million against INR 14,749 million a year ago.

For the quarter, on the consolidated basis, net sales/income from operation was INR 30,930 million against INR 29,488 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 7,791 million against INR 7,165 million a year ago. Profit from ordinary activities before tax was INR 8,618 million against INR 7,685 million a year ago. Net profit was INR 5,654 million or INR 2.981 per basic and diluted share before and after extraordinary items against INR 5,069 million or INR 2.677 per diluted share before and after extraordinary items a year ago. EBITDA was INR 13,490 million against INR 12,760 million a year ago. Operating free cash flow was INR 7,960 million against INR 6,730 million a year ago. Adjusted fund from operations (AFFO) was INR 12,430 million against INR 11,420 million a year ago. Capex was INR 5,639 million against INR 5,758 million a year ago. Cash profit from operations was INR 13,095 million against INR 11,791 million a year ago.

For the nine months, on the consolidated basis, net sales/income from operation was INR 91,465 million against INR 87,216 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 22,528 million against INR 20,433 million a year ago. Profit from ordinary activities before tax was INR 26,431 million against INR 21,714 million a year ago. Net profit was INR 17,203 million or INR 9.073 per basic and diluted share before and after extraordinary items against INR 14,349 million or INR 7.578 per diluted share before and after extraordinary items a year ago. EBITDA was INR 39,590 million against INR 36,810 million a year ago. Operating free cash flow was INR 22,670 million against INR 20,450 million a year ago. Adjusted fund from operations (AFFO) was INR 35,730 million against INR 31,800 million a year ago. Capex was INR 16,849 million against INR 15,158 million a year ago. Net cash flow from operating activities was INR 34,065 million against INR 31,155 million a year ago. Purchase of tangible assets was INR 15,886 million against INR 13,471 million a year ago. Return on equity was 12.4% against 10.4% a year ago. Book value per equity share was INR 98.2 against INR 95.6 a year ago. Net debt as on December 31, 2015 was INR 47,790 million against INR 27,290 million as on December 31, 2014.