Indus Towers Q2 net profit rises 49 pc to Rs 1,295 crore devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
India Business News: Indus Towers, a telecom infrastructure company, reported a 49% increase in consolidated net profit to Rs 1,295 crore in the September quarter. The com
The company reported strong tower additions and reduced finance costs, even though its key customer, Vodafone Idea (Vi) cited challenges in clearing its massive past dues. In a statement Wednesday, Indus managing director Prachur Sah said the tower company had recorded the highest quarterly tower additions in the companys history, outdoing the previous quarters performance on this metric.