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Indus Towers reports 23% fall in Q4 consolidated net profit

27 Apr 2023 Evaluate

Indus Towers has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 23.04% fall in its net profit at Rs 1399.00 crore for the quarter under review as compared to Rs 1817.90 crore for the same quarter in the previous year. Total income of the company decreased by 4.87% at Rs 6868.90 crore for Q4FY23 as compared to Rs 7220.50 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported fall of 23.48% in its net profit at Rs 1399.10 crore for fourth quarter ended March 31, 2023 as compared to Rs 1828.50 crore for the same quarter in the previous year. Total income of the company decreased by 4.93% at Rs 6869.00 crore for Q4FY23 as compared to Rs 7225.30 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 67.91% fall in its net profit at Rs 2043.30 crore as compared to Rs 6367.10 crore for the previous year. However, total income of the company increased by 2.43% at Rs 28743.00 crore for year under review as compared to Rs 28060.70 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 68% fall in its net profit at Rs 2040.00 crore as compared to Rs 6373.10 crore for the previous year. However, total income of the company increased by 2.40% at Rs 28743.10 crore for year under review as compared to Rs 28069.70 crore for year ended March 31, 2022.

Indus Towers Share Price

404.75 -3.50 (-0.86%)
23-Apr-2026 16:59 View Price Chart
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