Indus Towers throughout the reported quarter had a writeback of Rs 195 crore in provision for uncertain receivables, aided by collections towards previous overdue.
The corporate had posted a web revenue of Rs 2,223.5 crore in the identical interval a yr in the past.
“A big buyer of the Group accounts for a major a part of income from operations for the quarter and half yr ended September 30, 2025 and constitutes a major a part of excellent commerce receivables and unbilled income as at September 30, 2025,” Indus Towers mentioned in its submitting with out naming Vodafone Concept.
The submitting mentioned that the “buyer” has expressed its capacity to settle liabilities and depends on help from the Division of Telecommunications (DoT) relating to the AGR matter, fund increase by way of fairness and debt, and era of money movement from operations..
“The client is paying an quantity equal to the month-to-month billing to the Group. The Group continues to recognise income from operations regarding the shopper for the companies rendered; nevertheless, the Group doesn’t recognise income equalisation asset on account of straight lining of lease leases contemplating the shopper’s monetary situation,” Indus Towers mentioned.The corporate, nevertheless, registered a few 6 per cent improve in revenue on a quarterly foundation.”Our sharp concentrate on value effectivity has been contributing to regular enchancment in our profitability. The quarter additionally marked the announcement of our plan to foray into Africa, a strategic step in direction of supplementing our long-term development by extending Indus Towers’ confirmed execution capabilities to new high-potential markets,” Indus Towers, MD and CEO, Prachur Sah mentioned.
The income from operations of Indus Towers elevated by 9.6 per cent to Rs 8,188 crore throughout the reported quarter from Rs 7,465 crore within the September 2024 quarter.
The corporate’s cell tower base grew to 2,56,074 with the addition of 26,416 towers within the final 12 months.
