Indus Towers to form separate EV charging unit, focus on tower business

Indus Towers is establishing a separate unit for EV charging infrastructure, ensuring the core tower business remains unaffected. With pilot stations in Gurugram and Bengaluru, the company anticipates double-digit returns. Significant overdue collections from Vodafone Idea boosted Q3 FY2025 profits, while 5G deployment shows a slowdown.