Indus Towers reports Q2 2023 revenue of Rs 7,133cr with 10% Y-o-Y decline

Indus Towers reports Q2 2023 revenue of Rs 7,133cr with 10% Y-o-Y decline

Indus Towers Limited, India’s major passive telecom infrastructure provider, has unveiled its audited consolidated results for Q2 ending September 30, 2023. The data showcases a consolidated revenue of Rs. 7,133 Crores, indicating a 10% decrease Y-o-Y. Conversely, consolidated EBITDA amounted to Rs. 3,456 Crores, reflecting a 23% rise Y-o-Y and an operating margin of 48.5%. […]

Indus Towers and IOP Phinergy partner for eco-friendly telecom towers

Indus Towers and IOP Phinergy partner for eco-friendly telecom towers

Indus Towers Limited and IOC Phinergy Private Limited (IOP) have officially sealed an agreement aimed at deploying 300 cutting-edge zero-emission energy systems. These systems, based on advanced aluminium-air technology, are set to revolutionize the telecom tower industry by optimizing diesel consumption at Indus Towers’ tower sites. This strategic collaboration marks a significant milestone in Indus […]