Bharti Airtel profit to be affected by interest expenses

            In 2015 spectrum auction, Airtel has spent 30000 crores for spectrum allocation and the interest for that money will be 2400 crores which is likely to affect profit . Airtel is currently given a profit of 4889 crores next year let us assume a profit of 5100 crores if we reduce interest expense on profit we get a net profit of 2700 crores in FY16 .Therefore the net profit is expected to fall 45% in FY16 from the current level.