Indus Towers Limited (NSE:INDUSTOWER)

Indus Towers Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	307,974	301,228	286,006	283,818	277,172	139,543
Revenue Growth (YoY)	6.54%	5.32%	0.77%	2.40%	98.63%	106.95%
Cost of Revenue	139,274	137,312	133,313	127,155	123,847	63,908
Gross Profit	168,700	163,916	152,693	156,663	153,325	75,635
Other Operating Expenses	-38,195	-44,531	5,754	58,993	5,069	3,036
Operating Expenses	24,387	16,613	63,451	109,657	56,554	30,442
Operating Income	144,313	147,303	89,242	47,006	96,771	45,193
Interest Expense	-18,476	-18,287	-18,120	-16,341	-14,383	-7,401
Interest & Investment Income	3,787	3,481	11,231	2,158	948	905
Earnings From Equity Investments	-	-	-	-	-	8,663
Other Non Operating Income (Expenses)	-1,329	-1,468	-1,073	-391	-6	-805
EBT Excluding Unusual Items	128,295	131,029	81,280	32,432	83,330	46,555
Gain (Loss) on Sale of Investments	698	698	53	50	193	1,269
Gain (Loss) on Sale of Assets	2,841	2,687	2,793	2,614	2,551	823
Asset Writedown	-2,877	-2,877	-2,902	-7,503	-1,767	-1,078
Pretax Income	128,957	131,537	81,224	27,593	84,307	47,569
Income Tax Expense	31,531	32,220	20,862	7,193	20,576	9,779
Net Income	97,426	99,317	60,362	20,400	63,731	37,790
Net Income to Common	97,426	99,317	60,362	20,400	63,731	37,790
Net Income Growth	47.30%	64.54%	195.89%	-67.99%	68.64%	14.56%
Shares Outstanding (Basic)	2,647	2,662	2,694	2,694	2,694	2,157
Shares Outstanding (Diluted)	2,648	2,662	2,694	2,695	2,695	2,158
Shares Change (YoY)	-1.69%	-1.21%	-0.01%	-0.01%	24.90%	16.68%
EPS (Basic)	36.80	37.31	22.40	7.57	23.65	17.52
EPS (Diluted)	36.79	37.31	22.40	7.57	23.65	17.52
EPS Growth	49.84%	66.56%	195.91%	-67.99%	35.03%	-1.82%
Free Cash Flow	126,131	128,610	26,292	42,822	58,361	53,627
Free Cash Flow Per Share	47.63	48.32	9.76	15.89	21.66	24.86
Dividend Per Share	-	-	-	-	11.000	20.120
Dividend Growth	-	-	-	-	-45.33%	91.62%
Gross Margin	54.78%	54.42%	53.39%	55.20%	55.32%	54.20%
Operating Margin	46.86%	48.90%	31.20%	16.56%	34.91%	32.39%
Profit Margin	31.63%	32.97%	21.11%	7.19%	22.99%	27.08%
Free Cash Flow Margin	40.96%	42.70%	9.19%	15.09%	21.06%	38.43%
EBITDA	181,453	183,416	124,370	77,557	129,153	64,459
EBITDA Margin	58.92%	60.89%	43.48%	27.33%	46.60%	46.19%
D&A For EBITDA	37,140	36,113	35,128	30,551	32,382	19,266
EBIT	144,313	147,303	89,242	47,006	96,771	45,193
EBIT Margin	46.86%	48.90%	31.20%	16.56%	34.91%	32.39%
Effective Tax Rate	24.45%	24.50%	25.69%	26.07%	24.41%	20.56%
Revenue as Reported	311,719	304,686	289,617	287,431	280,697	141,512

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.