Q1 result to boost Bharti Infratel

The stock of Bharti Infratel may react positively to its first quarter performance that beat market analysts' estimates. The company has posted a consolidated net profit of ₹462.8 crore for the quarter ended June 30, compared with ₹357.6 crore in the year-ago quarter. Total Income increased to ₹2,959.9 crore (₹2,777.6 crore). Analysts had expected the profit after tax for the company to see a marginal change and anticipated a small rise in revenue.