The shares of the leading telecom company gained up to 3 percent after the company’s board scheduled a meeting to consider and approve share buybacks and bonus issues.
Price Movement
With a market capitalization of Rs 1.07 lakh crore, the shares of Indus Towers Ltd were trading at Rs 405.85 per share, increasing around 2.35 percent as compared to the previous closing price of Rs 396.55 apiece
Reason for Rise
The shares of Indus Towers Ltd have seen bullish movement after the board of directors scheduled a meeting on Wednesday, April 30, 2025, to consider and approve share buybacks and bonus issues.
Financial Growth
Looking forward to the company’s financial performance, revenue increased by 5 percent from Rs 7,199 crore in Q3FY24 to Rs 7,547 crore in Q3FY25, Moreover, during the same time frame, net profit increased by 160 percent from Rs 1,540 crore to Rs 4,003 crore.
Also read: 3 Debt-free stocks with net profit growth of up to 1,350% in Q4 FY25 add to your watchlist
Market Outlook
Management remains optimistic about securing a significant share of tenancy additions, especially from Vodafone Idea. A strong order book and clear visibility for the next three to four quarters, driven by network expansions, reinforce growth prospects. Ongoing customer expansions and regulatory support further strengthen the company’s growth outlook.
5G Infrastructure
India’s 5G infrastructure has expanded to around 465,000 BTS, with over 50,000 added last year. 5G subscriptions are projected to reach 970 million by 2030. Data consumption remains strong, with 5G accounting for 22.7% of total data usage in Q2 FY25, supporting future revenue growth from higher 5G penetration.
Company Profile
Indus Towers Limited is an Indian telecom infrastructure provider. The company builds, owns, and administers telecom towers and communication infrastructure for a variety of mobile providers. It provides tower, power, and space solutions, as well as smart cities, a tower operations center, and green technologies.
Written by Abhishek Singh
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