Indus Towers Limited — Important, 22-10-2024: Financial Result Updates

Indus Towers Limited reported its financial results for Q2 and the half-year ended September 30, 2024. The company achieved a consolidated revenue of ₹75.79 billion, with a net profit of ₹22.24 billion. The Board approved a buyback of 56.77 million shares, increasing Bharti Airtel's ownership to 50.01%. Additionally, the company faces a GST show cause notice regarding input tax credit disallowance, asserting that potential liability is unlikely. For detailed financial metrics, refer to the full report.