Indus Towers Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	321,192	301,228	286,006	283,818	277,172	139,543
Revenue Growth (YoY)	8.55%	5.32%	0.77%	2.40%	98.63%	106.95%
Cost of Revenue	142,445	137,312	133,313	127,155	123,847	63,908
Gross Profit	178,747	163,916	152,693	156,663	153,325	75,635
Other Operating Expenses	-318	-44,531	5,754	58,993	5,069	3,036
Operating Expenses	66,765	16,613	63,451	109,657	56,554	30,442
Operating Income	111,982	147,303	89,242	47,006	96,771	45,193
Interest Expense	-18,740	-18,287	-18,120	-16,341	-14,383	-7,401
Interest & Investment Income	2,979	3,481	11,231	2,158	948	905
Earnings From Equity Investments	-	-	-	-	-	8,663
Other Non Operating Income (Expenses)	-653	-1,468	-1,073	-391	-6	-805
EBT Excluding Unusual Items	95,568	131,029	81,280	32,432	83,330	46,555
Gain (Loss) on Sale of Investments	698	698	53	50	193	1,269
Gain (Loss) on Sale of Assets	2,566	2,687	2,793	2,614	2,551	823
Asset Writedown	-2,877	-2,877	-2,902	-7,503	-1,767	-1,078
Pretax Income	95,955	131,537	81,224	27,593	84,307	47,569
Income Tax Expense	24,644	32,220	20,862	7,193	20,576	9,779
Net Income	71,311	99,317	60,362	20,400	63,731	37,790
Net Income to Common	71,311	99,317	60,362	20,400	63,731	37,790
Net Income Growth	-28.73%	64.54%	195.89%	-67.99%	68.64%	14.56%
Shares Outstanding (Basic)	2,637	2,662	2,694	2,694	2,694	2,157
Shares Outstanding (Diluted)	2,637	2,662	2,694	2,695	2,695	2,158
Shares Change (YoY)	-1.48%	-1.21%	-0.01%	-0.01%	24.90%	16.68%
EPS (Basic)	27.04	37.31	22.40	7.57	23.65	17.52
EPS (Diluted)	27.04	37.31	22.40	7.57	23.65	17.52
EPS Growth	-27.66%	66.56%	195.91%	-67.99%	35.03%	-1.82%
Free Cash Flow	94,346	128,610	26,292	42,822	58,361	53,627
Free Cash Flow Per Share	35.77	48.32	9.76	15.89	21.66	24.86
Dividend Per Share	-	-	-	-	11.000	20.120
Dividend Growth	-	-	-	-	-45.33%	91.62%
Gross Margin	55.65%	54.42%	53.39%	55.20%	55.32%	54.20%
Operating Margin	34.87%	48.90%	31.20%	16.56%	34.91%	32.39%
Profit Margin	22.20%	32.97%	21.11%	7.19%	22.99%	27.08%
Free Cash Flow Margin	29.37%	42.70%	9.19%	15.09%	21.06%	38.43%
EBITDA	152,087	183,416	124,370	77,557	129,153	64,459
EBITDA Margin	47.35%	60.89%	43.48%	27.33%	46.60%	46.19%
D&A For EBITDA	40,105	36,113	35,128	30,551	32,382	19,266
EBIT	111,982	147,303	89,242	47,006	96,771	45,193
EBIT Margin	34.87%	48.90%	31.20%	16.56%	34.91%	32.39%
Effective Tax Rate	25.68%	24.50%	25.69%	26.07%	24.41%	20.56%
Revenue as Reported	325,327	304,686	289,617	287,431	280,697	141,512

Source: S&P Global Market Intelligence. Standard template. Financial Sources.