Indus Towers Limited — Updates, 22-10-2024: Press Release

Indus Towers Limited reported a strong financial performance for Q2 2024, with consolidated revenues of Rs. 7,465 Crores, up 4.7% year-over-year. EBITDA rose by 42% to Rs. 4,907 Crores, while net profit soared 71.7% to Rs. 2,224 Crores. The company maintained a tower base of 229,658 and improved returns on equity. Ongoing demand for network expansion and effective debt collection contributed to these results, reflecting confidence in future growth.