Indus Towers Q1FY24 results: Net profit jumps 182% YoY to Rs 1350.9 cr

The standalone net profit of Indus Towers Limited for the first quarter of the current financial year (Q1YFY24) saw a rise of 182 per cent to Rs 1,350.9 crore, compared to Rs 478.9 crore for the corresponding quarter of the previous year, the company said in a BSE filing.

Sequentially, the net profit was down 3.4 per cent. In Q4FY23, the net profit of the company was Rs 1,399 crore.

The revenue from operations for Q1FY24 came in at Rs 7,075.9 crore, compared to Rs 6,897.3 crore year-on-year (YoY). This is an increase of 2.58 per cent.