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INDUS TOWERS
Quarterly Results Analysis [Sep2025]

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INDUS TOWERS Quarterly Results

Consolidated Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Mar2024
UnAudited
Dec2023
UnAudited
Revenues ₹8,188 Cr ₹8,058 Cr ₹7,727 Cr ₹7,547 Cr ₹7,465 Cr ₹7,383 Cr ₹7,193 Cr ₹7,199 Cr
Expenses ₹3,616 Cr ₹3,708 Cr ₹3,403 Cr ₹589 Cr ₹2,602 Cr ₹2,879 Cr ₹3,122 Cr ₹3,615 Cr
Operating Income ₹4,572 Cr ₹4,350 Cr ₹4,324 Cr ₹6,958 Cr ₹4,864 Cr ₹4,504 Cr ₹4,072 Cr ₹3,584 Cr
Other Income ₹170 Cr ₹163 Cr ₹211 Cr ₹291 Cr ₹158 Cr ₹104 Cr ₹445 Cr ₹602 Cr
Interest ₹462 Cr ₹475 Cr ₹479 Cr ₹462 Cr ₹461 Cr ₹456 Cr ₹464 Cr ₹514 Cr
Depreciation ₹1,801 Cr ₹1,704 Cr ₹1,693 Cr ₹1,569 Cr ₹1,580 Cr ₹1,561 Cr ₹1,565 Cr ₹1,596 Cr
Profit Before Tax ₹2,478 Cr ₹2,334 Cr ₹2,363 Cr ₹5,219 Cr ₹2,980 Cr ₹2,592 Cr ₹2,489 Cr ₹2,077 Cr
Profit After Tax ₹1,839 Cr ₹1,737 Cr ₹1,779 Cr ₹4,003 Cr ₹2,224 Cr ₹1,926 Cr ₹1,853 Cr ₹1,541 Cr
EPS ₹6.97 ₹6.58 ₹6.74 ₹15.17 ₹8.43 ₹7.15 ₹6.88 ₹5.72
Industry Peers & Returns1W1M1Y
INDUS TOWERS 10.3% 12% 16.1%
BHARTI AIRTEL -2.6% 3.7% 29.6%
BHARTI HEXACOM -5.5% -0.4% 27.6%
VODAFONE IDEA 10.1% 4.6% 9.7%
TATA COMMUNICATIONS -1.4% 11.2% 2.8%
TATA TELESERVICES (MAHARASHTRA) -0.3% -7.1% -26.9%
RAILTEL CORPORATION OF INDIA -4.6% -11.6% -16%
MAHANAGAR TELEPHONE NIGAM -2.1% -5.5% -16.1%
HATHWAY CABLE & DATACOM -4% -5.3% -32.4%

INDUS TOWERS Quarterly Revenues

Revenues
Q-o-Q

1.62 %

Y-o-Y

9.68 %

Quarters Revenues % Change
Sep2025 ₹8,188 Cr
1.62
Jun2025 ₹8,058 Cr
4.28
Mar2025 ₹7,727 Cr
2.38
Dec2024 ₹7,547 Cr
1.10
Sep2024 ₹7,465 Cr
1.11
Jun2024 ₹7,383 Cr
2.64
Mar2024 ₹7,193 Cr
-0.08
Dec2023 ₹7,199 Cr -

INDUS TOWERS Quarterly Operating Profit

Operating Profit
Q-o-Q

5.12 %

Y-o-Y

-6.00 %

Quarters Operating Profit % Change
Sep2025 ₹4,572 Cr
5.12
Jun2025 ₹4,350 Cr
0.59
Mar2025 ₹4,324 Cr
-37.86
Dec2024 ₹6,958 Cr
43.06
Sep2024 ₹4,864 Cr
7.99
Jun2024 ₹4,504 Cr
10.62
Mar2024 ₹4,072 Cr
13.60
Dec2023 ₹3,584 Cr -
Operating Margins
Q-o-Q

3.45 %

Y-o-Y

-14.29 %

Quarters Operating Margin% % Change
Sep2025 55.84%
3.45
Jun2025 53.98%
-3.54
Mar2025 55.96%
-39.30
Dec2024 92.19%
41.50
Sep2024 65.15%
6.79
Jun2024 61.01%
7.79
Mar2024 56.6%
13.70
Dec2023 49.78% -

INDUS TOWERS Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

5.90 %

Y-o-Y

-17.28 %

Quarters Profit After Tax % Change
Sep2025 ₹1,839 Cr
5.90
Jun2025 ₹1,737 Cr
-2.38
Mar2025 ₹1,779 Cr
-55.56
Dec2024 ₹4,003 Cr
80.04
Sep2024 ₹2,224 Cr
15.45
Jun2024 ₹1,926 Cr
3.93
Mar2024 ₹1,853 Cr
20.29
Dec2023 ₹1,541 Cr -
PAT Margins
Q-o-Q

4.22 %

Y-o-Y

-24.58 %

Quarters PAT Margin(%) % Change
Sep2025 22.46 %
4.22
Jun2025 21.55 %
-6.39
Mar2025 23.02 %
-56.60
Dec2024 53.04 %
78.11
Sep2024 29.78 %
14.14
Jun2024 26.09 %
1.28
Mar2024 25.76 %
20.37
Dec2023 21.4 % -

INDUS TOWERS Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

5.93 %

Y-o-Y

-17.32 %

Quarters EPS % Change
Sep2025 ₹6.97
5.93
Jun2025 ₹6.58
-2.37
Mar2025 ₹6.74
-55.57
Dec2024 ₹15.17
79.95
Sep2024 ₹8.43
17.90
Jun2024 ₹7.15
3.92
Mar2024 ₹6.88
20.28
Dec2023 ₹5.72 -

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