Indus Towers Limited — Important, 22-10-2024: General Updates

Indus Towers Limited reported its Q2 and half-year financial results for the period ending September 30, 2024. The company achieved a revenue of ₹74,653 million, a 4.7% increase year-on-year, with an EBITDA of ₹49,071 million, reflecting a 42% increase. Profit after tax was ₹22,235 million, showing a growth of 72%. Indus Towers continues to expand its tower infrastructure, reaching 229,658 macro towers and 379,236 co-locations, with average sharing revenue per tower declining slightly to ₹68,080. The company's ongoing initiatives emphasize efficiency and sustainability in operations.