- Indus Towers reported a net income of 22.2 billion rupees for the 2nd quarter, marking a 72% increase year-over-year.
- The net income surpassed the estimated 17.8 billion rupees.
- Revenue stood at 74.6 billion rupees, reflecting a 4.6% increase from the previous year.
- However, revenue fell slightly short of the projected 75.9 billion rupees.
- Total costs decreased by 30% year-over-year, amounting to 25.6 billion rupees.
- Power and fuel expenses saw a minor increase of 1% year-over-year, reaching 28.9 billion rupees, slightly below the estimated 29.27 billion rupees.
- Finance costs showed a marginal rise of 0.4% year-over-year, totaling 4.61 billion rupees.
- Other income grew by 17% year-over-year, totaling 1.14 billion rupees.
- Current analyst ratings include 11 buys, 4 holds, and 6 sells for Indus Towers.
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A look at Indus Towers Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Indus Towers Limited, a telecommunication infrastructure company based in India, is positioned for a mixed outlook based on the Smartkarma Smart Scores. With a Value score of 3, the company shows potential for solid value in its operations. While its Dividend score of 1 indicates lower dividend performance, Indus Towers scores moderately on Growth and Momentum with scores of 3, showing promise for future expansion and market traction. Resilience, with a score of 2, suggests some stability in the face of market challenges. Overall, Indus Towers presents a blend of strengths and areas for improvement in its long-term outlook.
The combination of Value, Growth, Resilience, and Momentum scores for Indus Towers indicates a nuanced trajectory for the company in the coming years. Despite facing challenges in the dividend aspect, the company’s strong showing in growth potential and market momentum are positives to consider. With a focus on telecommunication tower and related infrastructure services within India, Indus Towers‘ ability to leverage its strengths and address areas for enhancement will be crucial in shaping its long-term performance within the competitive telecommunications industry.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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