The profit after the tax for the quarter of June, despite an RS 88 crore-back-writing provisions, fell against questionable claims from Cash-Stapp Vodafone idea, one of the anchor clients.
The passive infrastructure company, which is now a subsidiary of Bharti Airtel, reported an increase in the turnover of 9.1% in the year to RS 8,058 Crore.
During the quarter ending on 30 June, total costs increased by 29.2% from the year to the year to RS 3,667.5 crore due to the increase in power and fuel costs (an increase of 5.8% on the year to RS 3068.7 CRORE), employee payments (8.2% on annual basis to annual
Indus said that Vodafone’s idea now pays an amount that is equivalent to his monthly invoices, and Indus remains recognizing income from the activities related to the Telco. “However, the company does not recognize assets of income-proof because of the straight rent rental, taking into account the financial situation of the customer,” said Indus in its quarterly winning report.
Indus bears a compensation for doubtful claims from RS 209.9 CRORE from 30 June 2025, which fell from RS 298.1 Crore in the previous quarter, because of the Vodafone idea that his past of the results of the results of the results of the results of the results of the results could be included, without a new customer. Tower Company.net Financing costs For the quarter, 2.9% fell on an annual basis to RS 396.5 Crore, or 4.9% of its income.
In the fiscal first quarter, Indus added 2,468 new macrot towers that were totaled to 251,773 towers. Co locations increased by 5,777 quarter, ending the quarter with 411,212 co-locks. Co locations are points where a tower company mobile telecomantennes from multiple carriers uses one structure.
“Our inherent strengths such as a leading passive infrastructure player continue to help us reach a meaningful part of the rolls of our customers,” said Prachur Sah, director and CEO, Indus Towers.
He added that the company continues to make investments in emerging technologies, including in AI and Digital Solutions, aimed at being future -proof of its activities.
“We believe that our scale, agility and technical-forward approach position us favorably to take advantage of emerging opportunities in the midst of a rapidly evolving landscape in the industry,” he added.
The shares of the company closed 1.74% lower on RS 383.75 on the BSE Wednesday. The results were announced after market hours.
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