1/5/2025, 8:45:03 am

Indus Towers delays bonus, buyback announcement

Indus Towers Ltd. reported a 4% drop in March-quarter net profit due to accounting changes, with revenue rising 7.4% to ₹7,727 crore. The company deferred shareholder value enhancement proposals, forming a committee to evaluate options like buybacks or bonuses. Shares rose 1% to ₹406.5, marking a 15% gain over the past month.