Indus Towers reports consolidated PAT of Rs. 1347.9 crores in Q1 FY24

Indus Towers Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 7132.4 crores during the period ended June 30, 2023 as compared to Rs. 6869 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1347.9 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1399.1 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5 for the period ended June 30, 2023 as compared to Rs. 5.19 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 7132.4 crs	₹6869 crs	3.83%
Net Profit	₹1347.9 crs	₹1399.1 crs	-3.66%
EPS	₹5	₹5.19	-3.66%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 7132.4 crores during the period ended June 30, 2023 as compared to Rs.6989.8 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1347.9 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.477.3 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5 for the period ended June 30, 2023 as compared to Rs.1.77 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 7132.4 crs	₹6989.8 crs	2.04%
Net Profit	₹1347.9 crs	₹477.3 crs	182.40%
EPS	₹5	₹1.77	182.49%

Shares of Indus Towers Limited was last trading in BSE at Rs. 176.00 as compared to the previous close of Rs. 180.70. The total number of shares traded during the day was 534313 in over 5818 trades.

The stock hit an intraday high of Rs. 182.60 and intraday low of 175.15. The net turnover during the day was Rs. 95290155.00.

Source : Equity Bulls

Keywords

IndusTowers Q1FY24 ResultUpdate