Indus Towers Q3 Results: Co suffers net loss of Rs 708 crore
As a result, India’s largest telecom tower company has followed a stringent policy for making a doubtful debt allowance in respect of its overdue receivables. The additional Rs 2,298.1 crore provision towards doubtful debt in the December quarter reflects a near 30% jump sequentially. The tower company had made a Rs 1,770.9 crore provision towards doubtful debt in the fiscal second quarter
