Q1 2025 Indus Towers Ltd Earnings Call Transcript
Key Points
- Indus Towers Ltd (BOM:534816) reported robust performance in the first quarter, continuing the strong momentum from the previous financial year.
- The company successfully collected dues from a major customer for the third consecutive quarter, ensuring 100% collections against material.
- Significant progress in 5G deployment with almost 450,000 5G base transceiver stations (BTS) installed, positioning the company well for future growth.
- Operational performance was strong with the addition of 6,074 macro towers and 6,832 co-locations in Q1, reflecting a 13.9% and 7.8% year-on-year increase respectively.
- Indus Towers Ltd (BOM:534816) achieved a high network uptime of 99.97% despite challenging weather conditions, showcasing the resilience and dedication of its field force.
- Vodafone plc's decision to monetize its stake in Indus Towers Ltd (BOM:534816) could create uncertainty regarding future ownership and strategic direction.
- The company faces challenges related to weather disruptions, which could impact operational efficiency and increase maintenance costs.
- Despite strong performance, the company’s reliance on major customers like Vodafone Idea for revenue and collections poses a risk if these customers face financial difficulties.
- The transition to renewable energy and electric vehicles, while positive for sustainability, involves significant upfront costs and logistical challenges.
- The company’s gender diversity remains relatively low at 11.2%, indicating room for improvement in creating a more inclusive workforce.
Good afternoon, ladies and gentlemen. I'm Selena, the moderator for this conference. Welcome to the IndoStar Limited First Quarter ended June 30th, 2024 earnings call for the duration of the presentation. All participant lines will be in the listen only mode after the presentation. The question and answer session will be conducted for all the participants on this call. In case of a natural disaster. The conference call will be terminated post an announcement Present with us on the call today is the senior leadership team of Indus Towers. Before I hand over the call, I must remind you that the overview and discussion today may include certain forward-looking statements that must be viewed in conjunction with the risks that we face. I now hand over the call to our first speaker of the day, Mr. Catoosa, thank you, and over to you, Mr., sir.
Thank you, Sunita, and a very warm welcome to all participants joining me today are my colleagues serving hospital CFO, Mr. digital
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