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Analyst Concall: Indus Towers says FY24 momentum may not be repeated

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Analyst Concall

Indus Towers says FY24 momentum may not be repeated

This story was originally published at 21:39 IST on October 23, 2024  Back
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Indus Towers Ltd.'s management said in a post-earnings call Wednesday that the momentum seen in 2023-24 (Apr-Mar) may not be repeated every year, but FY25 looks good so far. On the dividend policy of the company, the management said the free cash Indus Towers had generated in Apr-Sept has already been used for a share buy-back. The board of the company will evaluate the dividend policy again at the end of the current financial year based on collections and the cash flow situation, it added.

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