Indus Towers Limited has reported its financial results for the quarter ending September 30, 2024, showing strong growth in both revenue and net profit compared to the same period last year.
The company’s revenue from operations for Q2 FY25 stood at ₹7,465.3 crore, marking a 4.2% increase from ₹7,132.5 crore in the corresponding quarter of the previous year. The total income also saw a rise, reaching ₹7,579.2 crore, up from ₹7,229.7 crore in Q2 FY24.
Indus Tower’s Q2 EBITDA came in at Rs 5,021 crore against Rs 3,553 crore in the same period last year, a surge of 41.3%. Margin for the company also expanded 1744 bps to 67.3% from 49.8% YoY.
Indus Towers recorded a significant surge in net profit for the period, with profit after tax (PAT) at ₹2,223.5 crore, a 77.7% jump compared to ₹1,295 crore in the same quarter last year. This strong performance can be attributed to the company’s effective cost management and operational efficiencies.
Total expenses for the quarter were ₹2,548.2 crore, slightly higher than ₹2,336.6 crore in Q2 FY24. However, the company’s profit before tax (PBT) also saw an increase, standing at ₹2,980.1 crore compared to ₹1,746.7 crore a year ago.
This robust financial performance reflects Indus Towers’ continued focus on operational excellence and its strategic initiatives to drive sustainable growth.
