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Business EconomyPosted at: Apr 22 2021 8:44PM


Indus Towers announces consolidated results for fourth quarter & full year ended Mar 31, 2021

Kolkata, Apr 22 (UNI) Indus Towers Limited (Formerly Bharti Infratel Limited)) on Thursday
announced its audited Consolidated results for the fourth quarter and full year ended March 31,
2021.
Following the merger between Bharti Infratel Limited and Indus Towers, effective November 19,
2020, the results filed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are not comparable with the results disclosed prior to the
effective date. Hence the Company has given proforma unaudited consolidated results.
The Consolidated revenue for the quarter was Rs.6,492 Crore, up 3% Y-o-Y. Consolidated
EBITDA was at Rs.3,413 Crore, up 17% Y-o-Y and representing an operating margin of 52.6%.
The net profit for the quarter was Rs.1,364 Crore, up 38% Y-o-Y. The Operating Free Cash
Flow was at Rs. 1,494 Crore up 2% Y-o-Y. The Return on Equity Pre Tax increased to 39.6%
as against 37.6% (Return on Equity Post Tax remained flat at 29.6%) on Y-o-Y basis. The
Return on Capital Employed Pre Tax was 22.1% against 21.9% respectively on Y-o-Y basis.
Bimal Dayal, Managing Director and CEO, Indus Towers Limited (Formerly Bharti Infratel
Limited), said, “FY’2021 was a landmark year for the company. During the year, we completed
the merger between Bharti Infratel and erstwhile Indus Towers. On the operational front we
continued our strong momentum in 4Q’21 and delivered the highest ever annual gross tower
additions. In the backdrop of the pandemic we continue to work closely with our customers to
ensure seamless connectivity across the country. With the ongoing digital transformation
across sectors, we see new opportunities for shared infrastructure providers like Indus
Towers to usher in their next phase of growth.”
UNI BM
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Tags: #Indus Towers announces consolidated results for fourth quarter & full year ended Mar 31# 2021
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