Indus Towers Q2 FY24 results: profit rise by 48.51% YOY
Indus Towers declared their Q2 FY24 results on 25 Oct, 2023. The topline decreased by 10.47% & the profit increased by 48.51% YoY.
As compared to the previous quarter the revenue grew by 0.8% and the profit decreased by 3.95%. The Selling, general & administrative expenses rose by 11.12% q-o-q & increased by 34.5% Y-o-Y.
The operating income was down by 9.95% q-o-q & increased by 26.02% Y-o-Y. The EPS is ₹4.8 for Q2 FY24 which increased by 48.15% Y-o-Y.
Indus Towers has delivered -9.29% return in the last 1 week, 21.85% return in last 6 months and -8.51% YTD return. Currently the Indus Towers has a market cap of ₹46952.65 Cr and 52wk high/low of ₹205.7 & ₹135.15 respectively.
As of 27 Oct, 2023 out of 18 analysts covering the company, 2 analysts have given Strong Sell rating, 4 analysts have given Sell rating, 7 analysts have given Hold rating, 4 analysts have given Buy rating &1 analyst has given Strong Buy rating. The consensus recommendation as on 27 Oct, 2023 was to Hold.FAQsQuestion : What is the Q2 FY24 profit/Loss as per company?Ans : ₹1294.7CrQuestion : What is Q2 FY24 revenue?Ans : ₹7132.5Cr"Exciting news! Mint is now on WhatsApp Channels
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