 "Vodafone")
Indus Towers on Tuesday said it had made a doubtful debt provision of Rs 2,298.1 crore against receivables from Vodafone Idea (Vi).
The company posted a net loss of Rs 708 crore in the third quarter of financial year (Q3FY23) on a total revenue of Rs 6,765 crore. In Q2, the company had made a net profit of Rs 872 crore on a revenue of Rs 7,967 crore.
The company yet again drew attention to how one of its largest customers’ financial conditions impacted its business operations and financial position.
“During the current quarter the funding plan of the said
