News > Indus Towers posts Rs 708 crore loss in Q3
Indus Towers posts Rs 708 crore loss in Q3
24/01/2023 10:23 PM | Click to read full article
The country's largest telecom infrastructure company Indus Towers on Tuesday posted a consolidated loss of Rs 708.2 crore for the December 2022 quarter, mainly on account of doubtful recovery from Vodafone Idea. Indus Towers posted a profit of Rs 1,570 crore in the same period a year ago. The company's revenue declined by about 2 per cent to Rs 676.5 crore during the reported quarter from Rs 692.74 crore in the December 2021 quarter, according a regulatory filing.
