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Bharti Airtel may issue bonds of up to $1 bn in FY13

Co reported a fall in net profit for the twelfth consecutive quarter, missing estimates by a wide margin

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Ltd, India's top mobile network operator, hopes to issue dollar bonds of up to $1 billion in the current fiscal that ends in March, 2013, , Group CFO at Bharti Enterprises, said on Friday.

Bharti Enterprises is the parent of Bharti Airtel which on Friday reported a fall in net profit for the twelfth consecutive quarter, missing estimates by a wide margin.

Bharti Airtel, controlled by billionaire , said consolidated net profit fell to Rs 284 crore in the fiscal third quarter that ended December 31, from Rs 1,011 crore a year earlier.

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