Indus Towers Q3 net profit up 2% at ₹1,360 crore

Telecom tower company Indus Towers Ltd on Thursday reported a 2% year-on-year (y-o-y) rise in its December quarter consolidated profit to ₹1,360 crore.

Consolidated revenue from operations increased 5% from a year ago to ₹6,736 crore for the three months ended 31 December.

During the quarter, the merger of Bharti Infratel Ltd and Indus Towers was completed, said Bimal Dayal, managing director and chief executive (MD & CEO), Indus Towers.

The merged entity is also called Indus Towers with effect from 10 December, 2020.