{"id":839513,"date":"2024-08-01T09:23:37","date_gmt":"2024-08-01T03:53:37","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=839513"},"modified":"2024-08-01T09:23:37","modified_gmt":"2024-08-01T03:53:37","slug":"vodafone-idea-indus-towers-trade-receivables-to-take-more-time-to-stabilise","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/01\/vodafone-idea-indus-towers-trade-receivables-to-take-more-time-to-stabilise\/","title":{"rendered":"Vodafone Idea: Indus Towers\u2019 trade receivables to take more time to stabilise"},"content":{"rendered":"<p>Indus Towers\u2019 top management expects the company\u2019s trade receivables will take some more time to stabilise as it hinges on the speed at which key customer, Vodafone Idea (Vi) clears its backlog of past dues.<\/p>\n<p>Indus\u2019 trade receivables fell 11.3% sequentially to around Rs 5,722 crore in the fiscal first quarter amid improved collections from Vi.<\/p>\n<p>\u201cStability on trade receivables can be expected a few months down the line, but we can\u2019t give a concrete timeline yet as discussions are still ongoing with our key customer (read: Vi) on finalisation of its payment plan for full clearance of past overdues,\u201d Indus chief financial officer Vikas Poddar said on the tower company\u2019s June quarter earnings call Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indus Towers\u2019 top management expects the company\u2019s trade receivables will take some more time to stabilise as it hinges on the speed at which key customer, Vodafone Idea (Vi) clears its backlog of past dues. Indus\u2019 trade receivables fell 11.3% sequentially to around Rs 5,722 crore in the fiscal first quarter amid improved collections from Vi. \u201cStability on trade receivables can be expected a few months down the line, but we can\u2019t give a concrete timeline yet as discussions are still ongoing with our key customer (read: Vi) on finalisation of its payment plan for full clearance of past overdues,\u201d [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-839513","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=839513"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839513\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=839513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=839513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=839513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}