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Below are Views On The Consolidated revenue for the quarter was Rs.6,736 Crore By Mr. Keshav Lahoti, Associate Equity Analyst, Angel Broking Ltd

For Indus Towers, the Consolidated revenue for the quarter was Rs.6,736 Crore, up 5% Y-o-Y. Consolidated EBITDA was at Rs.3,608 Crore, up 10% Y-o-Y and representing an operating margin of 53.6%. The net profit for the quarter was Rs.1,360 Crore, up 2% Y-o-Y. The Operating Free Cash Flow was at Rs. 1,876 Crore down 4% Y-o-Y. The Return on Equity Pre Tax and Post Tax decreased to 34.2% and 25.5% as against 41.0% and 32.6% respectively on Y-o-Y basis. Overall, the result was in line with our expectations. With the completion of merger between Bharti Infratel Limited and erstwhile Indus Towers will lead to synergy benefits for the Company.

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