The consolidated revenue of mobile tower arm of Bharti Airtel increased 10 per cent to Rs 3,400 crore during the October-December quarter of 2016-17, as against Rs 3,105.5 crore a year ago.
The company had posted net profit of Rs 971.66 crore in the October-December quarter of last fiscal.
The expenses were up 14.46 per cent at Rs 1,344.96 crore as compared to Rs 1,175.03 crore in the corresponding quarter last fiscal.
Total income from operations grew 6.16 per cent year-on-year to Rs 7,082.22 crore during the quarter under review, as against Rs 6,670.72 crore a year ago, United Spirits said in a regulatory filing.
With this expansion and the acquisition of the cement plants of Jaiprakash Associates Ltd, the company's cement capacity will stand augmented at 95 MTPA, including its overseas operations.
Profitability was also helped by a fall in the cost- to-income which dropped to 13.8 per cent from 14.3 per cent, while the credit cost remained stable at 74 bps of loan assets, which is within the guided range of 70-80 bps for the full year.
The interest income of the bank rose to Rs 2,281.42 crore in third quarter, up by 19.9 per cent from Rs 1,903.25 crore a year ago.
Analysts on average had expected a profit of 65 cents per share, according to Thomson Reuters I/B/E/S.
Analysts on average had expected a standalone profit of Rs 7,850 crore, according to data compiled by Thomson Reuters.
Reliance Industries reported a gross refining margin of $10.8/barrel during the quarter. This is lower than the 11.5 per dollar reported during year-ago period.
Earnings per share during the quarter under review grew to Rs 9.89 from Rs 8.30 in the year-ago period.
TCS' margins remained stable at 26 per cent. On a constant currency basis, the revenue grew 2 per cent and volumes recorded 1 per cent rise quarter on quarter.
TCS is expected to report a sales growth of 1 per cent to Rs 29,581 crore in the December quarter on a sequential basis, according to an NDTV Profit poll of analysts.