Indus Towers reports 66% fall in Q1 consolidated net profit
Indus Towers has reported results for first quarter ended June 30, 2022.
The company has reported a fall of 66.20% in its net profit at Rs 478.90 crore for the quarter under review as compared to Rs 1,416.80 crore for the same quarter in the previous year. However, total income of the company increased by 2% at Rs 6,989.80 crore for Q1FY23 as compared Rs 6,852.50 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 66.28% in its net profit at Rs 477.30 crore for the quarter under review as compared to Rs 1,415.30 crore for the same quarter in the previous year. However, total income of the company increased by 1.98% at Rs 6,989.80 crore for Q1FY23 as compared Rs 6,853.90 crore for the corresponding quarter previous year