Indus Towers Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 71,990 million compared to INR 67,650 million a year ago. Revenue was INR 72,979 million compared to INR 68,548 million a year ago. Net income was INR 15,405 million compared to net loss of INR 7,082 million a year ago. Basic earnings per share from continuing operations was INR 5.72 compared to basic loss per share from continuing operations of INR 2.63 a year ago. Diluted earnings per share from continuing operations was INR 5.72 compared to diluted loss per share from continuing operations of INR 2.63 a year ago.
For the nine months, sales was INR 214,074 million compared to INR 216,289 million a year ago. Revenue was INR 216,600 million compared to INR 213,741 million a year ago. Net income was INR 41,831 million compared to INR 6,409 million a year ago. Basic earnings per share from continuing operations was INR 15.53 compared to INR 2.38 a year ago. Diluted earnings per share from continuing operations was INR 15.53 compared to INR 2.38 a year ago.