Stock Analysis
- India
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- Telecom Services and Carriers
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- NSEI:INDUSTOWER
Indus Towers Full Year 2024 Earnings: EPS Beats Expectations
Indus Towers (NSE:INDUSTOWER) Full Year 2024 Results
Key Financial Results
- Revenue: ₹289.6b (up 2.0% from FY 2023).
- Net income: ₹60.4b (up 196% from FY 2023).
- Profit margin: 21% (up from 7.2% in FY 2023). The increase in margin was primarily driven by lower expenses.
- EPS: ₹22.40 (up from ₹7.57 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Indus Towers EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%.
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia.
Performance of the market in India.
The company's shares are up 1.9% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Indus Towers' balance sheet health.
Valuation is complex, but we're helping make it simple.
Find out whether Indus Towers is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:INDUSTOWER
Indus Towers
Operates and maintains wireless communication towers and related infrastructures for various telecom service providers in India.
Outstanding track record with adequate balance sheet.