Indus Towers Q2 Results: Net profit slips 2.5% to Rs 1,793 crore

What happened: Indus Towers reported a 2.5% decline in consolidated net profit for the second quarter ended September 30. Key numbers: Net profit fell 2.5% to Rs 1,793 crore. Revenue rose 4%. EBITDA rose 0.4%. Tower base grew 5.6% and co-location base grew 5.9%. Why it matters: The company cited strong customer demand and cash generation as key growth drivers, while tower and co-location base growth contributed to improved performance.

Indus Towers reported a 2.5% decline in consolidated net profit for the second quarter ended September 30.

The company cited strong customer demand and cash generation as key growth drivers, while tower and co-location base growth contributed to improved performance.