The telecommunications tower will still maintain the core business, and the attempt of electric vehicles will get a two -digit return: Indus

The country’s second largest telecommunications company’s senior managers said that although the new electric vehicle (EV) charging infrastructure business will bring a two -digit return, the Indian River Tower will continue A large part of the income tower providers said at the financial report of the December quarter (third quarter of fiscal year 2025) on Friday.

“The main driving force of our business is still the tower business, and the electric vehicle is still in the early stages. We will maintain this difference so that the iron tower business will not be affected. Therefore, a separate business department and a separate team will promote business development “Prachur Sah, the general managing and chief executive officer.

“We are eager to get the return of medium and high -level digits. However, [EV] At present, the business scale is too small to discuss in detail. Our primary task is to develop this business, evaluate the competitive pattern, and then look at its development direction. But as far as desire is concerned, we expect a two -digit return. “The chief financial officer Vikas Poddar said.

SAH added that the contract or transaction with customers will be very cautious, so that they are close to the company’s current telecommunications tower business model. On Thursday, the company said it was entering the electric vehicle charging market as a result of finding “adjacent business opportunities” to support its long -term growth.

Pilot open

The pilots of Gulgang and Bangalore have been launched.

“We plan to consider using our core advantages in management space, power, and OEM (original equipment manufacturer). As we expand the discussion with potential customers according to the specific situation, we will make corresponding decisions,” SAH added.

He pointed out that the suspicious debt owed by Vodafone’s creativity has been reduced to $5 billion rupees, but even if you write back, the overall payment fee is still higher $After this debt -tier company paid some of the funds as of December, the company prepared 30 billion rupees for potential losses.

He said that the expansion of Vodafone IDEA will lead to the monetization of Indus’s current single -rent tower. Vodafone Idea formulated the following capital expenditure plans $Within three years, it invested 50,000-5500 billion Rs Rs to strengthen 4G coverage and launch 5G services.

Officials of INDUS TOWERS said that Vodafone Idea paid the conference fee, the favorable results of the court’s unreasonable tax issues, and the Vodafone Group PLC sold 3% of the equity, which led to improve cash flow. They added that Indus will evaluate the dividend paid to shareholders at the end of the current fiscal year. The company has not announced dividends in the past two years.

On Thursday, the net profit of the Wutong Building report was $In the December quarter, it is Rsitary of Rsitarius, from $A year ago was 11.541 million rupees. In the third quarter, EBITDA increased by 93.2% $6,997 million rupees $A year ago was 36.22 billion rupees. Income increase of 4.8% $7,547 million rupees. The free cash flow it produces is $This quarter was 26.6 billion rupees.