Indus Towers Q3 Results 2025:Indus Towers declared their Q3 results on 23 Jan, 2025, showcasing a robust performance with a topline increase of 4.84% year-over-year (YoY). The company’s profit surged by an impressive 159.86% YoY, reaching ₹4003.2 crore, while the revenue stood at ₹7547.4 crore.
In comparison to the previous quarter, Indus Towers saw a revenue growth of 1.1%, with profit rising by 80.04%. This significant improvement reflects the company’s efficient management and operational strategies.
Notably, the Selling, General & Administrative expenses saw a dramatic decline, decreasing by 443.63% quarter-over-quarter and 464.45% YoY. This reduction in expenses has contributed positively to the overall profitability.
The company’s operating income also experienced a substantial increase, up by 64.13% quarter-over-quarter and 171.07% YoY, indicating strong operational performance and growth.
Earnings per share (EPS) for Q3 stood at ₹15.17, marking an increase of 165.21% YoY, which is a favorable indicator for shareholders.
Indus Towers has delivered a return of 3.4% in the last week, although it faced a decline of 13.71% in the past six months, with a year-to-date return of 7.26%.
As of now, Indus Towers holds a market capitalization of ₹96681.11 Crore, with a 52-week high of ₹460.35 and a low of ₹206.35.
According to analysts, out of 20 covering the company, 4 have given a Strong Sell rating, 1 a Sell rating, 5 a Hold rating, 6 a Buy rating, and 4 a Strong Buy rating. The consensus recommendation as of 25 Jan, 2025, is to Hold.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.