Indus Towers reports 34% rise in Q4 consolidated net profit

06 May 2022 Evaluate

Indus Towers has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a rise of 33.20% in its net profit at Rs 1,817.90 crore for the quarter under review as compared to Rs 1,364.80 crore for the same quarter in the previous year. Total income of the company increased by 9.93% at Rs 7,220.50 crore for Q4FY22 as compared Rs 6,568 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 34.08% in its net profit at Rs 1,828.50 crore for the quarter under review as compared to Rs 1,363.70 crore for the same quarter in the previous year. Total income of the company increased by 9.99% at Rs 7,225.30 crore for Q4FY22 as compared Rs 6,569.10 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 90.73% in its net profit at Rs 6,367.10 crore as compared to Rs 3,338.20 crore for the previous year. Total income of the company increased by 92.62% at Rs 28,060.70 crore for year under review as compared to Rs 14,567.60 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 68.65% in its net profit at Rs 6,373.10 crore as compared to Rs 3,779 crore for the previous year. Total income of the company increased by 98.36% at Rs 28,069.70 crore for year under review as compared to Rs 14,151.20 crore for year ended March 31, 2021.

Indus Towers Share Price

339.20 10.95 (3.34%)
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