Indus Towers Q2 Results: Net profit surges 49% YoY to Rs 1, 295 crore

The company reported strong tower additions and reduced finance costs, even though its key customer, Vodafone Idea (Vi) cited challenges in clearing its massive past dues. In a statement Wednesday, Indus managing director Prachur Sah said the tower company had recorded the highest quarterly tower additions in the company’s history, outdoing the previous quarter’s performance on this metric.

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