Indus Towers Results Earnings Call for Q2FY24

Conference Call with Indus Towers Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.
26-10-2023
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Q2FY24 Quarterly Result Announced for Indus Towers Ltd.

Telecom Services company Indus Towers announced Q2FY24 results: I. Financial Results: - Consolidated Revenues for Q2FY24 at Rs 7,133 crore, down 10% YoY - Consolidated EBITDA for Q2FY24 at Rs 3,456 crore, up 23% YoY - Consolidated Profit after Tax for Q2FY24 at Rs 1,295 crore, up 49% YoY - Operating Free Cash Flow decreased by 69% YoY to Rs 398 crore - Adjusted Fund From Operations (AFFO) increased by 28% YoY to Rs 2,388 crore II. Tower Base: - Indus Towers reached a milestone of 2,00,000 macro towers - Total Tower base of 2,04,212 with a closing sharing factor of 1.73 III. Key Indicators: - Average Sharing Factor: 1.74 times - Closing Sharing Factor: 1.73 times - Sharing Revenue per Tower per month: Rs 71,336 - Sharing Revenue per Sharing Operator per month: Rs 40,940 Prachur Sah, Managing Director and CEO, Indus Towers, said, “The quarter marked Indus Towers reaching a milestone of 200,000 macro towers, reaffirming its leadership position. We are also proud to have delivered another quarter of our highest tower additions which translated into a steady financial performance. Our endeavour to capitalize on the existing opportunity arising from rapid network expansion by a major customer and 5G rollouts by operators will help in sustained value creation for shareholders.” Result PDF
26-10-2023
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Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Please find attached press release being issued by the Company.
25-10-2023
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Indus Towers Ltd - 534816 - Board Meeting Outcome for Financial Results For The Second Quarter (Q2) And Half Year Ended September 30, 2023

Financial results for the second quarter (Q2) and half year ended September 30, 2023
25-10-2023
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Indus Towers Ltd - 534816 - Change In Senior Management

Please find attached intimation.
23-10-2023

Indus Towers Share Price Live blog for 23 Oct 2023

Indus Towers stock price went down today, 23 Oct 2023, by -0.35 %. The stock closed at 184 per share. The stock is currently trading at 183.35 per share. Investors should monitor Indus Towers stock price closely in the coming days and weeks to see how it reacts to the news.
23-10-2023
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