- Indus Towers‘ net income for Q2 is 18.4 billion rupees, surpassing expectations and representing a 17% decline year-over-year.
- The company’s revenue increased by 9.8% year-over-year, reaching 81.9 billion rupees, slightly above the estimated 81.52 billion rupees.
- Total costs rose significantly by 40% year-over-year to 35.8 billion rupees.
- Power and fuel expenses increased by 6.9% year-over-year, amounting to 30.9 billion rupees, slightly higher than the estimated 30.6 billion rupees.
- Finance costs slightly increased by 0.2% year-over-year to 4.62 billion rupees.
- Other income experienced a significant decrease of 27% year-over-year, totaling 829 million rupees.
- Analysts’ recommendations stand at 11 buys, 5 holds, and 8 sells for Indus Towers.
A look at Indus Towers Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
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 operating in India, is positioned with a mixed outlook according to the Smartkarma Smart Scores. While the company shows strong potential for growth and resilience with scores of 4 in both categories, indicating a positive long-term trajectory, its value proposition is rated at 3. This suggests that Indus Towers offers moderate value compared to its peers. On the other hand, its dividend and momentum scores are lower at 1 and 2 respectively, indicating areas of potential concern for investors looking for stable income and consistent performance.
Overall, Indus Towers appears to have a promising long-term outlook based on its strong growth and resilience scores. With a focus on expanding its infrastructure services in India, the company is well-positioned to capitalize on the growing demand for telecommunications services in the country. Investors may need to consider the lower dividend and momentum scores when evaluating the potential risks and rewards of investing in Indus Towers. Despite these factors, the company’s core strengths in growth and resilience could drive its future performance in the competitive telecommunications sector.
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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