Indus Infra Trust

Q3 FY24Transport Infrastructure

Indus Infra Trust Q3 FY24 earnings call: Revenue & Margins

Q3 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹132

Market cap₹8.1K Cr

P/E20.6

Updated25 Sept 2026

Read4 min read

Based on Indus Infra Trust's Q3 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

For Q3 FY25 (quarter ended 31 Dec 2024), the presentation reports: - Total Income (Standalone): ₹2,094.29 million - Total Income (Consolidated): ₹2,244.73 million - Compared to the previous quarter (Q2 FY25, ended 30 Sept 2024): - Standalone income decreased from ₹5,876.57 million to ₹2,094.29 million - Consolidated income increased from ₹1,712.51 million to ₹2,244.73 million - No explicit year-on-year (YoY) comparison figures or percentage changes for revenue or sales are provided. EBITDA for Q3 FY25 (31.12.2024): - Standalone: Rs.

From Indus Infra Trust's Q3 FY24 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

For Q3 FY25 (quarter ended 31 Dec 2024), the presentation reports:
Total Income (Standalone): ₹2,094.29 million
Total Income (Consolidated): ₹2,244.73 million
Compared to the previous quarter (Q2 FY25, ended 30 Sept 2024):
Standalone income decreased from ₹5,876.57 million to ₹2,094.29 million
Consolidated income increased from ₹1,712.51 million to ₹2,244.73 million
No explicit year-on-year (YoY) comparison figures or percentage changes for revenue or sales are provided.
Volume figures (e.g., traffic or toll volumes) are not reported.

2 more points management made on revenue & sales performance

Profitability & Margins

EBITDA for Q3 FY25 (31.12.2024):
Standalone: Rs. 1,734.16 Mn (up from Rs. 647.91 Mn previous quarter)
Consolidated: Rs. 1,627.17 Mn (up from Rs. 1,347.28 Mn previous quarter)
Operating Margin (calculated from given data):
Using standalone: EBITDA / Total Income = 1,734.16 / 2,094.29 ≈ 82.8% for Q3 FY25
Net Profit (PAT) for Q3 FY25:
Standalone: Rs. 1,350.77 Mn (up from Rs. 383.66 Mn previous quarter)

2 more points management made on profitability & margins

See what Indus Infra Trust said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The presentation does not describe any capex, capacity expansion, or new plant/project plans. It focuses on: - Acquisition strategy: Intent to expand portfolio by acquiring road assets from third parties on a case-by-case basis. - Proposed ROFO (Right of First Offer) Agreement to acquire up to 21 additional road assets owned by GRIL over the next 5 years.

2 more points management made on capital expenditure plans

Top-ranked in Transport Infrastructure

Ranked on what management guided this quarter

5x potential

1Guj Pipavav Port₹7.9K Cr

Rev 2Mar 3

2Anantam Highways₹2.3K Cr

Rev 2Mar 3

3₹338 Cr

Rev 3Mar 1

4₹4.1L Cr

Rev 3Mar 3

5₹84.4K Cr

Rev 3Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The presentation does not explicitly mention any new fundraising through debt or equity during the period.
As of December 31, 2024, the consolidated external debt stands at Rs. 17,888.95 million, with no external debt outstanding in SPVs (Page 11).
The total value of consolidated borrowings will not exceed regulatory thresholds, indicating capital management policies aimed at controlling debt (Page 20).
No specific change in borrowings or net debt is reported in the financial highlights or debt profile sections.

2 more points management made on fundraising & capital structure

See what Indus Infra Trust said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation of Indus Infra Trust (erstwhile Bharat Highways InvIT) does not report any details on order book, order inflow, or pending orders. Specifically: - The presentation focuses on financial results, portfolio details, capital management strategies, board and key personnel, asset management, and competitive strengths. - It details the portfolio's operational assets (~568 Km aggregate length), annuity-based income, listing information, and unitholding patterns.

2 more points management made on order book & pipeline

Indus Infra Trust — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹188 Cr, net profit ₹106 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Indus Infra Trust's management said in earlier quarters

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Frequently Asked Questions

What were Indus Infra Trust Q3 FY24 results?

What is Indus Infra Trust share price analysis?

Indus Infra Trust currently shows a neutral. The stock trades at a P/E of 20.6 with a market cap of ₹8,068 Cr. Investors should review the full earnings analysis for detailed insights.

Is Indus Infra Trust planning capital expenditure?

The presentation does not describe any capex, capacity expansion, or new plant/project plans.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.