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Indus Towers facing a Rs 60 cr shortfall in collections from Vodafone Idea in Q4

By Economic Times - 7 months ago
Indus Towers received an additional Rs 360 crore from Vodafone Idea (Vi) for old dues, but analysts note a Rs 60 crore shortfall in collections. Despite this, Indus' trade receivables increased by Rs 430 crore sequentially in Q4FY24, reflecting the delayed collection of Vi's past outstandings, ultimately settled in April.

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