Indus Towers Sees Marginal Q4 Profit Decline Amid Airtel Tower Deal, Finance Expenses
Indus Towers on Wednesday reported a 4 percent year-on-year decline in its net profit for the quarter ended March 31, 2025, as higher finance costs and accounting adjustments related to its acquisition of towers from Bharti Airtel weighed on the bottom line. The company posted a net profit of Rs 1,779 crore for the fourth quarter, even as revenue rose 7.4 percent year-on-year to Rs 7,727 crore. Also Read: Indus... Read More