Indus Towers' Q4 net profit increased 32% to Rs 1,853 crore due to Bharti Airtel's 5G rollout and Vodafone Idea collections.
Indus Towers, India's largest telecom infrastructure company, reported a 32% increase in its Q4 net profit to Rs 1,853 crore, compared to Rs 1,399 crore in the previous year. This growth was attributed to record tower additions from Bharti Airtel's 5G rollout and steady collections from Vodafone Idea. The company's consolidated revenue for the quarter grew by 6.5% to Rs 7,193 crore.
April 30, 2024
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