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Indus Towers tanks 5%, hits over 2-year low on reporting net loss in Q3

The loss in the books was a result of adoption of stringent accounting practices by the Company due to continued shortfall in collections from one of the major customers, the company said.

SI Reporter |Business Standard | Mumbai
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Indus Towers tanks 5%, hits over 2-year low on reporting net loss in Q3

3 min read Last Updated : Jan 25 2023 | 9:44 AM IST
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Shares of Indus Towers hit an over two-year low of Rs 162.80 as they slipped 5 per cent on the BSE in Wednesday’s intra-day trade after the company posted a net loss of Rs 708 crore in the third quart

Topics :Buzzing stocksVodafone Indus TowersVodafone IdeaQ3 resultsTelecom stocksTelecom tower industryMarkets Sensex Niftystock market trading

First Published: Jan 25 2023 | 9:34 AM IST

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