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.
Indus Towers in.
Indus Towers in Partnership with Shishu Sarothi Awards Scholarships for Higher Education to 120 Students with Disabilities from the North East
| 15 Jan 2021 11:04 AM GMT
We are pleased to inform that Shishu Sarothi organized an award ceremony and induction program as part of Indus Towers Scholarship Program 2020-21 which is one of the key CSR initiatives of Indus Towers Limited (formerly Bharti Infratel Ltd). Of the total 120 students selected from across the North-East, 43 students with disability from Assam were felicitated during an event on 5
th Jan 2021 at the NEDFI Convention Centre, Guwahati. An induction session was also conducted for the scholars to orient them about the methodology of claiming and mode of scholarship disbursement. Mr. B. Kalyan Chakravorty, IAS, Mission Director-SSA was the chief guest of the event.
Shares of Bharti Infratel traded 3 per cent higher at Rs 252.85 on the BSE on Monday, after the company said it has received the approval from the Registrar of Companies (ROC) for changing its name to Indus Towers, following the recent merger of the two companies to create a mega tower entity. The stock of the company, engaged in activities of providing telecom tower infrastructure sharing for telecommunication services, is trading close to its 52-week high of Rs 262.80, touched on December 20, 2019. The company has received approval from the Registrar of Companies, the National Capital Territory (NCT) of Delhi and Haryana for change of name of the company from Bharti Infratel Limited to Indus Towers Limited as provided in the scheme of amalgamation and arrangement between the company and erstwhile Indus Towers Limited and their respective shareholders and creditors, Bharti Infratel said in a BSE filing.
Bharti Infratel shares jump 40% in a month; here s why
Bharti Infratel shares rose as much as 39.82 per cent over the last one month and 16.62 per cent since the begging of this month
Chitranjan Kumar | December 14, 2020 | Updated 17:28 IST
Bharti Infratel shares closed at Rs 246.50, up 0.65 per cent
Bharti Infratel share price rose over 3 per cent in intraday to Rs 252.85 on the Bombay Stock Exchange (BSE) on Monday after the telecommunications infrastructure company said it has received the approval from the Registrar of Companies (ROC) for changing its name to Indus Towers. The company, a subsidiary of Bharti Airtel, saw its stock rising as much as 39.82 per cent over the last one month and 16.62 per cent since the beginning of this month.