Quarter 2 Profit of Bharti Infratel  up 61% (Rs 964 crore)

61% profit is reported by Bharti Infratel with the year-on-year jump in gaining the second quarter of FY20. It was helped by a change in standard in accounting that lowered the cost of operations operating supported by increased net finance income.

With net profit for the July-September period close to Rs 964 crore, Bharti is India’s only listed telecom tower company. Previously it was reported to have a net profit of Rs 8....