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Indus Towers Ltd Q2FY24; 49% rise in Profits

Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers.

Financial Results:

  • Indus Towers Ltd reported Revenues for Q2FY24 of ₹7,132.00 Crores down from ₹7,967.00 Crore year on year, a fall of 10.48%.
  • Total Expenses for Q2FY24 of ₹5,483.00 Crores down from ₹6,854.00 Crores year on year, a fall of 20.0%.
  • Consolidated Net Profit of ₹1,295.00 Crores up 48.51% from ₹872.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹4.80, up 48.61% from ₹3.23 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Telecom
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