Indus Towers Q2 FY24 Results Today
Indus Towers Q2 results show revenue up from 7132.4 crores to 7229.7 crores, a 1.36% increase in growth. EPS rose from ₹05 to ₹4.81, up by 3.80%.
Quarter-on-Quarter Basis Results (Q2 FY2024):
Indus Towers shared its Q2 results on Wednesday. They earned 7229.7 crores in revenue this quarter, but that’s more than the 7132.4 crores they made last quarter. The company’s growth increased by 1.36 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1294.7 crores, down from 1347.9 crores in the previous quarter. Their quarter-to-quarter growth decreased by 3.95 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹4.81, which is a decrease of 3.80% from the ₹05 EPS in the previous quarter.
Year-over-Year Basis Results (Q2 FY2024):
The company made a total revenue of 7229.7 crores this year (2023), which is 9.96 percent lower than last year’s total revenue of 8029.5 crores.
This year’s PAT (Profit After Tax) is 1294.7 crores, which is also 48.51% higher than last year’s PAT of 871.8 crores.
The EPS (Earnings Per Share) for this year is ₹4.81, which is 48.46% more than the EPS of ₹3.24 earned last year.
Year-over-Year Basis Results (Half Year Ended FY2024):
In the first half of 2023, the company generated a total revenue of 14,362.1 crores, marking a 4.38% increase compared to the previous year’s 15,019.3 crores.
The PAT (Profit After Tax) for this half-year stands at 2642.6 crores, showing a 95.88% growth over the previous year’s 1349.1 crores.
The EPS (Earnings Per Share) for this half-year is ₹9.81, representing a 95.81% increase from the previous half-year’s EPS of ₹5.01.
Indus Towers Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Indus Towers:
Indus Towers, established in November 2007 through collaboration between Bharti Infratel, Vodafone Essar, and Idea Cellular, is a leading provider of telecommunications tower infrastructure services. The company specializes in the installation, ownership, and management of telecom towers and communication structures to support mobile operators. Its headquarters are located in Gurugram, Haryana.
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