The telecom tower firm posted a web revenue of Rs 1,779 crore for the quarter ended March 31. Income grew 7.4% from a 12 months earlier to Rs 7,727 crore.
Indus mentioned one among its giant clients (Vodafone Concept), which accounts for a considerable a part of income and receivables, has cleared all undisputed overdue quantities in March 2025, leading to a major discount within the allowance for uncertain receivables. Consequently, the fiscal fourth-quarter outcomes mirrored a write-back of Rs 226 crore within the provision for uncertain receivables.
As on March 31, 2025, uncertain receivables associated to Vodafone Concept was Rs 298.1 crore, in contrast with Rs 5,384.7 crore a 12 months earlier.
Web finance value jumped practically thrice to Rs 359.7 crore from Rs 126.7 crore within the fourth quarter of the earlier fiscal 12 months.
Within the fiscal fourth quarter, Indus added 14,662 macro towers, taking its whole to 249,305. Co-locations elevated by 18,616 quarterly, ending the fiscal with 405,435 co-locations. Co-locations are factors the place a tower firm deploys cellular telecom antennae of a number of carriers on a single construction.The tower additions included the belongings it acquired from Bharti Airtel in February. As a part of the Rs 3,308.7 crore money deal, Indus took over 10,380 macro towers and a pair of,226 lean co-locations.“FY25 was one other wonderful 12 months for us with an all-round efficiency. We delivered one among our highest-ever tower and co-location additions as we continued to garner a serious share of our clients’ rollouts,” chief government Prachur Sah mentioned.
Sah mentioned business developments throughout the 12 months has strengthened the outlook for the corporate and the sector, including that Indus is assured of sustaining the momentum by capitalising on community expansions by its clients, Bharti Airtel and Vodafone Concept.
The corporate’s shares closed 1.34% larger at Rs 408.05 on the BSE Wednesday. The outcomes had been introduced after market hours.
