Indus Towers Faces Profit Dip Amid Contractual Challenges, Eyes African Expansion

Indus Towers, a major player in telecom infrastructure, experienced a notable 17 percent decline in consolidated net profit, totaling Rs 1,839 crore for the quarter ending September 30, 2025. This downturn is attributed to outstanding dues from a key client, as revealed in the company's recent filing.

During the reporting period, Indus Towers carried out a writeback of Rs 195 crore in provisions for doubtful receivables, supported by cash collections against overdue invoices. A significant portion of the company's revenue, receivables, and unbilled income remains tied to a large customer's performance, namely Vodafone Idea, which is reliant on financial assistance and regulatory support.

Despite the challenges, Indus Towers saw a 6 percent quarterly profit increase and a 9.6 percent rise in revenue, reaching Rs 8,188 crore. The CEO, Prachur Sah, announced plans to expand into Africa, highlighting a strategic ambition to leverage their execution expertise in high-growth markets.