Indus Towers Q4 Results: Net profit drops 4% to ₹1,779 crore, revenue rises 7.4% YoY | Stock Market News

Indus Towers Q4 Results: Indus Towers announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Wednesday, April 30, reporting a drop of four per cent to ₹1,779 crore, compared to ₹1,853 crore in the corresponding period last year. The leading telecom infrastructure firm’s revenue from operations in the fourth quarter of FY25 rose 7.4 per cent to ₹7,721 crore, compared to ₹7,193 crore in the year-ago period.

The subsidiary of India’s leading telecom giant Bharti Airtel said in its statement that the industry developments during the year have only strengthened the outlook for the company and the sector. The company exuded confidence about maintaining the “momentum” by capitalising on customers’ network expansion and available strategic opportunities.

The Q4 FY25 had a provision of ₹226 crore for doubtful receivables, aided by collections against past overdue

“During the quarter, the company acquired passive infrastructure assets from Bharti Airtel and accounted for the same as a common control transaction in accordance with Ind AS 103 which requires restatement of financial results of Indus Towers from the date on which common control was established i.e. Nov 19, 2024. Accordingly, Q4 FY25 financial results includes an accounting impact of ₹183 crore for operating expenses and depreciation,” the release said.

For the full year ended March 2025, the consolidated revenues stood at ₹30,123 crore, up 5.3 per cent. The consolidated profit after tax was ₹9,932 crore, up 64.5 per cent.

“FY25 was another excellent year for us with an all-round performance. We delivered one of our highest ever tower and co-location additions as we continued to garner a major share of our customers’ rollouts. Further supplementing our additions was the acquisition of an important tower portfolio, reflecting our agility for driving growth,” Prachur Sah, Managing Director and CEO, Indus Towers Ltd, said.

This, Sah said, has underpinned the company’s robust financial performance, including healthy cash flow generation.

“I am also pleased to see that our continued engagement with a major customer ensured recovery of its overdues this year,” he further said.

Sah noted that industry developments during the year have only strengthened the outlook for the company and the sector.

“Given our inherent strengths and leadership position, we are confident of maintaining the momentum by capitalising on customers’ network expansion and available strategic opportunities,” he added.