Indus Towers Ltd - 534816 - Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
Pursuant to Regulation 23(9) of Listing Regulations, please find enclosed disclosure of Related Party Transactions, for the half year ended September 30, 2022. Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find attached the transcript of earnings call conducted on October 28, 2022, for the second quarter ended September 30, 2022. Indus Towers Ltd - 534816 - Prior Intimation Of Record Date For Commercial Paper
Pursuant to SEBI circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 and circular no. SEBI/HO/DDHS/DDHS _Div1/P/CIR/2022/0000000103 dated July 29, 2022 read with FAQs issued by the National Stock Exchange of India Limited, we hereby inform that the record date for outstanding Commercial Papers having ISIN- INE121J14192 is 10/11/2022 and having ISIN- INE121J14184 is 14/11/2022.
Neutral Indus Towers; target of Rs 197: Motilal Oswal
Motilal Oswal recommended Neutral rating on Indus Towers with a target price of Rs 197 in its research report dated October 29, 2022. Indus Towers Ltd - 534816 - Revised Quarterly Report On The Results Of Indus Towers Limited ('The Company') For The Second Quarter (Q2) And Half Year Ended September 30, 2022
On October 27, 2022, the Company had published and submitted to the Stock Exchanges its quarterly report w.r.t. the results for the second quarter and half year ended September 30, 2022. This is regarding the paragraph 'Govt stake in VIL' under 'Section 5 - Management Discussion and Analysis' on page number 14 of the said report. Since the Company is not required to make any disclosures on this matter, the Company is hereby correcting the aforesaid quarterly report by deleting the aforesaid paragraph titled 'Govt stake in VIL' which was incorporated erroneously. The updated quarterly report is submitted for your record. Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please find below the web link of the audio recording of earnings call conducted on Friday, October 28, 2022 for the quarter ended September 30, 2022: https://www.industowers.com/wp-content/uploads/2022/10/audio-recording-of-earnings-call-q2.mp3
Indus Towers accepts Vodafone Idea's payment plan for its dues
Indus Towers posted a net profit of Rs 872 crore in the second quarter of the fiscal year (FY2023) on a revenue of Rs 7,967 crore Indus Towers Ltd - 534816 - Certificate Under SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 Dated August 10, 2021, And Circular No. SEBI/HO/DDHS/DDHS Div1/P/CIR/2022/0000000103 Dated July 29, 2022
This is to certify that proceeds of Commercial Papers issued by the Company have been used for the purposes specified in the Disclosure Document submitted to the National Stock Exchange of India Limited for each issuance. We further certify that the listing conditions specified in Chapter XVII of the captioned circular dated August 10, 2021 have been adhered to by the Company.
Q2FY23 Quarterly Result Announced for Indus Towers Ltd.
Telecom services company Indus Towers announced Q2FY23 results: Total Tower base of 187,926 with closing sharing factor of 1.80 Consolidated Revenues at Rs 7,967 crore, up 16% YoY Consolidated EBITDA at Rs 2,812 crore, down 23% YoY Consolidated Profit after tax at Rs 872 crore, down 44% YoY Operating Free Cash Flows at Rs 1,277 crore, down 39% YoY N Kumar, Chairman and Independent Director, Indus Towers Limited (Formerly Bharti Infratel Limited), said: “We have delivered a strong operational performance in the quarter, underpinned by good demand for products across our portfolio. Our financial performance continues to be impacted by the collection challenges we face from one of our customers. Launch of 5G services by two major operators within three months of spectrum auction underlines the strong role of infrastructure players in providing 5G-ready sites at speed. At Indus Towers, we stay excited and prepared to capitalize on the 5G opportunity.” Result PDF