India, May 2 -- Higher financing costs and accounting adjustments related to its acquisition of towers from Bharti Airtel weighed on Indus Towers' bottom line, leading to a 4% year-on-year decline in net profit for the quarter ending 31 March 2025, the company announced on Wednesday. Despite this, the company reported a net profit of Rs 1,779 crore for the fourth quarter, with revenue rising 7.4% year-on-year to Rs 7,727 crore.
Return on capital employed improved significantly, rising to 29.1% from 19.4% over the same period last year. In a stock exchange filing dated 30 April 2025, Indus Towers disclosed that it had written back Rs 226 crore in provisions for doubtful receivables in Q4 FY25, aided by successful recovery of overdue payme...
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