Image Source: Business Standard
Indus Towers Ltd reported Q3 FY26 consolidated revenue of ₹81.46 billion, up 7.9% year-on-year, but net profit plunged 55.6% to ₹17.76 billion due to margin contraction and absence of last year’s exceptional gains. EBITDA fell 35.6% to ₹45.09 billion, reflecting operational pressures despite higher tower rollouts and improved colocations.
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Indus Towers Ltd, India’s largest telecom tower infrastructure provider, announced its December quarter (Q3 FY26) results, showing revenue growth but a sharp decline in profitability.
Notable Updates
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Revenue from operations: ₹81.46 billion, up 7.9% YoY from ₹75.47 billion.
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Net profit (PAT): ₹17.76 billion, down 55.6% YoY from ₹40.03 billion.
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EBITDA: ₹45.09 billion, a 35.6% decline YoY, with margins narrowing to 55.3% from 92.7% last year.
Major Takeaways
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Profitability fell due to absence of last year’s ₹30.24 billion provision write-back and margin pressures.
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Return on Capital Employed (ROCE): Declined to 20.3% from 29.3% YoY.
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Operational performance remained resilient, aided by higher colocations and tower rollouts.
Important Points
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CEO Prachur Sah highlighted digital integration, automation, and AI-led capabilities as key drivers of operational efficiency.
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Despite profit decline, Indus Towers continues to strengthen its telecom infrastructure footprint across India.
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Analysts note that profitability recovery will depend on sustained demand from telecom operators and cost optimization.
Sources: Business Standard, CNBC-TV18, Moneycontrol, SEBI Filings
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