Indus Towers Posts Rs 1,360 Crore Profit In Q3 moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
The country s largest mobile tower company Indus Towers on Thursday posted a consolidated profit of Rs 1,360 crore for the third quarter ended December 2020. Indus Towers, formerly Bharti Infratel, had reported a profit after tax of Rs 1,331 crore in the same period a year ago. Indus Towers merged with Bharti Infratel Limited on November 19, hence the financial performance of the company is not comparable with the past period, it added. Consolidated revenues for the quarter stood at Rs 6,736 crore. The company had clocked a revenue of Rs 6,443 crore in the corresponding period of 2019-20. This was a milestone quarter for the Company with the completion of merger between Bharti Infratel Limited and erstwhile Indus Towers.