Stock Report

Indus Towers Ltd posts consolidated Q3FY23 loss of Rs. 708.2 crores



Posted On : 2023-01-25 16:06:14( TIMEZONE : IST )

Indus Towers Ltd posts consolidated Q3FY23 loss of Rs. 708.2 crores

Indus Towers Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 6854.8 crores during the period ended December 31, 2022 as compared to Rs. 8029.5 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -708.2 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 871.8 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -2.628 for the period ended December 31, 2022 as compared to Rs. 3.235 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹6854.8 crs ₹8029.5 crs Up Tick / Down Tick-14.63%
Net Profit ₹-708.2 crs ₹871.8 crs Up Tick / Down Tick-181.23%
EPS ₹-2.628 ₹3.235 Up Tick / Down Tick-181.24%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.6854.8 crores during the period ended December 31, 2022 as compared to Rs.7021.3 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-708.2 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1570.8 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-2.628 for the period ended December 31, 2022 as compared to Rs.5.830 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹6854.8 crs ₹7021.3 crs Up Tick / Down Tick-2.37%
Net Profit ₹-708.2 crs ₹1570.8 crs Up Tick / Down Tick-145.09%
EPS ₹-2.628 ₹5.830 Up Tick / Down Tick-145.08%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.21874.1 crores during the 9 Months period ended December 31, 2022 as compared to Rs.20844.4 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.640.9 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.4544.6 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.378 for the 9 Months period ended December 31, 2022 as compared to Rs.16.866 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹21874.1 crs ₹20844.4 crs Up Tick / Down Tick4.94%
Net Profit ₹640.9 crs ₹4544.6 crs Up Tick / Down Tick-85.90%
EPS ₹2.378 ₹16.866 Up Tick / Down Tick-85.90%

Shares of Indus Towers Limited was last trading in BSE at Rs. 170.50 as compared to the previous close of Rs. 172.75. The total number of shares traded during the day was 87770 in over 2233 trades.

The stock hit an intraday high of Rs. 174.55 and intraday low of 169.05. The net turnover during the day was Rs. 15048048.00.

Source : Equity Bulls

Keywords

IndusTowers Q3FY23 9MFY23 ResultUpdate