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Q3FY24 Quarterly Result Announced for Indus Towers Ltd.

Telecom Services company Indus Towers announced Q3FY24 results: Total Macro Tower base of 2,11,775 with closing sharing factor of 1.70 Consolidated Revenues at Rs 7,199 crore, up 6.4% YoY Consolidated EBITDA at Rs 3,622 crore, up more than 2x YoY Consolidated Profit after Tax at Rs 1,541 crore, compared to a loss of Rs 708 crore in the corresponding quarter of the previous year The Return on Capital Employed improved to 19.2% as against 12.5% on a YoY basis. Q3FY23 had an impact of Rs 2,270 crore due to provision for doubtful debts and Rs 493 crore from an exceptional item. Prachur Sah, Managing Director and CEO, Indus Towers, said: “Our third consecutive quarter of record tower additions demonstrated our robust operational performance. This was mirrored in the strong financial performance, which was further supplemented by steady collections. We expect our major customer’s focus on its network expansion and the ongoing 5G rollouts to continue yielding growth opportunities for us in the near term. Our timely investments to capitalize on these opportunities will generate long-term returns for our shareholders.” Result PDF
24-01-2024
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Indus Towers Ltd - 534816 - Financial Results

Please find attached Financial Results.
23-01-2024
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Indus Towers Ltd - 534816 - Board Meeting Outcome for Outcome Of The Board Meeting

Please find attached Outcome of the Board Meeting.
23-01-2024
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Indus Towers Ltd - 534816 - 'Summary Of Events' Pertaining To The Earnings Call

Please find attached Summary of Events pertaining to the Earnings Call.
17-01-2024
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