Indus Towers posts consolidated PAT of Rs. 477.3 crores in Q1 FY2023

Indus Towers Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) – QoQ Comparison
The company has reported total income of Rs. 6989.8 crores during the period ended June 30, 2022 as compared to Rs. 7225.3 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 477.3 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1828.5 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.771 for the period ended June 30, 2022 as compared to Rs. 6.786 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 6989.8 crs	₹7225.3 crs	-3.26%
Net Profit	₹477.3 crs	₹1828.5 crs	-73.90%
EPS	₹1.771	₹6.786	-73.90%

Financial Results (Q1 FY2023) – YoY Comparison
The company has reported total income of Rs. 6989.8 crores during the period ended June 30, 2022 as compared to Rs.6853.9 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.477.3 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1415.3 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.771 for the period ended June 30, 2022 as compared to Rs.5.252 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 6989.8 crs	₹6853.9 crs	1.98%
Net Profit	₹477.3 crs	₹1415.3 crs	-66.28%
EPS	₹1.771	₹5.252	-66.28%

Shares of Indus Towers Limited was last trading in BSE at Rs. 219.25 as compared to the previous close of Rs. 227.75. The total number of shares traded during the day was 272403 in over 5358 trades.

The stock hit an intraday high of Rs. 230.00 and intraday low of 218.35. The net turnover during the day was Rs. 60519361.00. Equity Bulls