scorecardresearchIndus Towers Q2 net profit slumps 44%; collection challenges from major customer hits performance

Indus Towers Q2 net profit slumps 44%; collection challenges from major customer hits performance

Updated: 28 Oct 2022, 08:14 AM IST
TL;DR.
Indus Towers Q2: The consolidated profit after tax at 872 crore was down 44 per cent from the year-ago period. Its net profit was at 1,559 crore in Q2FY22.
Indian rupee banknotes arranged for a photograph at a general store in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg

Indian rupee banknotes arranged for a photograph at a general store in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg