| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 7.5K | 1.1% |
| Total Income | 7.6K | 0.7% |
| Expenditure | 2.4K | 47.5% |
| PBT | 5.2K | 75.1% |
| Net Profit | 4.0K | 80.0% |
| OPM | 43.88% | 32.24pp |
| NPM | 52.46% | 23.12pp |
| EPS | 15.18 | 82.9% |
Indus Towers Reports 4.8% Y-o-Y Growth in Q3 Revenues, Net Profit up 159.9%
24 Jan 2025 · 24 Jan 2025, 01:52 am
Summary
Indus Towers Limited, India's leading provider of passive telecom infrastructure, has announced its audited consolidated results for the third quarter ended December 31, 2024. The company reported a 4.8% Y-o-Y growth in consolidated revenues, which stood at Rs. 7,547 Crores. Consolidated EBITDA was at Rs. 6,997 Crores, up 93.2% Y-o-Y, representing an EBITDA margin of 92.7%. Net profit for the quarter was Rs. 4,003 Crores, up 159.9% Y-o-Y. The company's tower and colocation base stood at 234,643 with a closing sharing factor of 1.65. The strong additions and significant collections from a major customer led to an excellent financial performance. The company expects the resumption of network expansion by a major customer and rollouts by other customers to drive growth. Indus Towers has also been focusing on green energy initiatives for its operations.
Key Highlights
- 1
Consolidated revenues at Rs. 7,547 Crores, up 4.8% Y-o-Y
- 2
Consolidated EBITDA at Rs. 6,997 Crores, up 93.2% Y-o-Y
- 3
Net profit at Rs. 4,003 Crores, up 159.9% Y-o-Y
- 4
Tower and colocation base at 234,643 with a closing sharing factor of 1.65
- 5
Focus on green energy initiatives for operations
Management Comments
Prachur Sah
Managing Director and CEO, Indus Towers Limited
We are pleased to see our ability to maintain a dominant share of our major customers’ rollouts reap dividends in the form of robust tower and colocation additions, reiterating our superior execution capabilities and customer centric approach. The strong additions along with significant collections of overdue from a major customer helped us record an excellent financial performance. We expect the resumption of network expansion by a major customer coupled with the rollouts by other customers to act as strong levers of growth. We remain cognizant of the sustainability aspect in our growth plans, and our focus on securing strategic partnerships under Green Energy Open Access is a step in that direction.
Informational and educational content only. Not investment advice.