Indus Towers (formerly Bharti Infratel) announced its results for the fourth quarter and full year ended March 31, 2022.
Indus Towers has reported consolidated revenue of Rs 7,116 crore (+10 percent), EBITDA of Rs 4,070 crore (+19 percent), operating margin of 57.2 percent and net profit of Rs 1,829 crore (+34 percent) in Q4 fiscal 2022.
The number of telecom towers of Indus Towers reached 185,447 in March 2022 as compared with 184,748 in December 2021 and 179,225 in March 2021.
Indus Towers has reported consolidated revenue of Rs 27,717 crore (+8 percent), EBITDA of Rs 14,943 crore (+13 percent), and net profit of Rs 6,373 crore (+28 percent) in fiscal 2022.
“The recent progressive steps taken by the government, and its thrust on 5G technology will accelerate the industry. Indus Towers remains fully committed to support its customers in enabling 5G connectivity across India,” Bimal Dayal, Managing Director and CEO, Indus Towers, said.
