Indus Towers Q4 Results: Profit Dips Despite Revenue Growth
INDUSTOWER fell over 7% on April 2, ahead of its Q4 FY25 results, reflecting investor caution. On April 30, the company reported a 4% YoY drop in net profit to ₹1,779 crore, though revenue grew over 7% YoY to ₹7,727 crore. Technically, the ₹400–₹421.50 range may act as a key resistance, while ₹363 is immediate support and ₹312.75 remains a crucial long-term level. Despite revenue growth, the profit decline and prior price action suggest mixed sentiment, and the stock may remain range-bound unless supported by stronger earnings momentum.
Disclaimer:
This post is for informational purposes only and does not constitute investment advice.
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