Bharti Airtel Owned Telecom Company Likely to Announce Bonus, Buyback and Dividend - Details Inside!

Over the last month, the stock has surged by 21 per cent, while it has delivered a return of 14.45 per cent over the past 12 months.

Indus Towers Ltd saw positive momentum in trading on Monday, April 28, 2025. The stock opened at Rs 409 and reached an intraday high of Rs 411.50. By 10:53 am, the stock was trading at Rs 406.15, reflecting a 2.21 per cent increase from the previous close of Rs 397.35. Over the last month, the stock has surged by 21 per cent, while it has delivered a return of 14.45 per cent over the past 12 months. On a long-term basis, the stock has generated an impressive 92 per cent return for shareholders over the past three years.

The company has scheduled a Board of Directors meeting for Wednesday, April 30, 2025. The primary agenda of the meeting will be to discuss various options aimed at enhancing shareholder returns. These options include the possibility of a buyback of shares, issuance of bonus shares or debentures, and the declaration of a dividend. There is also a possibility that a combination of these measures could be explored. 

The company had earlier announced that the sale or transfer of the Passive Infrastructure Business Undertaking from Bharti Hexacom Ltd had been put on hold, while the purchase of the Passive Infrastructure Business Undertaking from Bharti Airtel Ltd has been completed.

Indus Towers has a consistent track record of corporate actions aimed at rewarding its shareholders. The company has previously undertaken buybacks and dividend declarations, reflecting its commitment to enhancing shareholder value. The table below summarises the last five corporate actions:

• Buy Back of Shares: Rs - per share, Ex-date: 09-Aug-24
• Interim Dividend: Rs 11 per share, Ex-date: 13-May-22
• Interim Dividend: Rs 17.82 per share, Ex-date: 08-Feb-21
• Interim Dividend: Rs 2.3 per share, Ex-date: 05-Aug-20
• Interim Dividend: Rs 4.1 per share, Ex-date: 05-May-20

In terms of financial performance, Indus Towers reported a revenue of Rs 7,547.40 crore for the December 2024 quarter, marking a year-on-year (YoY) growth of 4.84 per cent from Rs 7,199 crore in the same period last year. The company’s operating profit surged by 94.14 per cent, reaching Rs 6,958.10 crore from Rs 3,584 crore in the December 2023 quarter. Profit after tax (PAT) rose by a significant 159.86 per cent, amounting to Rs 4,003.20 crore compared to Rs 1,540.50 crore in the previous year.

Regarding the shareholding pattern as of March 2025, promoters held a 50 per cent stake in the company, while Foreign Institutional Investors (FIIs) owned 26.42 per cent, up from 26.15 per cent in the previous quarter. Domestic Institutional Investors (DIIs) held 18.41 per cent, an increase from 17.79 per cent in the previous quarter. Public shareholding stood at 5.12 per cent, and Others accounted for 0.03 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.