Indus Towers Limited has informed to the Exchange regarding Outcome of the Board Meeting pertaining to Financial Results for the second quarter (Q2) and half year ended September 30, 2026

in,dus TOWERS October 27, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block – G, Bandra Kurla Dalal Street, Mumbai - 400001 Complex, Bandra (E), Mumbai - 400051 Ref.: Indus Towers Limited (534816/ INDUSTOWER) Sub.: Outcome of the Board Meeting - Financial Results for the second quarter (Q2) and half year ended September 30, 2026 Dear Sir/ Ma’am, In compliance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed following for the second quarter (Q2) and half year ended September 30, 2026: • Audited Consolidated Financial Results as per Ind-AS; • Audited Standalone Financial Results as per Ind-AS; and • Auditor’s Reports on the aforesaid Financial Results. The above financial results have been reviewed by the Audit Committee in its meeting held today i.e., October 27, 2026 and based on its recommendation, approved by the Board of Directors in its meeting held today i.e., October 27, 2026. The Board Meeting commenced at 01:50 p.m. (IST) and concluded at 04:35 p.m. (IST). Kindly take the same on record. Thanking you, Yours faithfully, For Indus Towers Limited Samridhi Rodhe Company Secretary & Compliance Officer Encl.: As above Indus Towers Limited Registered & Corporate Office: Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram - 122002, Haryana I Tel: +91-124-4296766 Fax: +91-124-4289333 CIN: L64201HR2006PLC073821 I Email: compliance.officer@industowers.com I www.industowers.com Deloitte Chartered Accountants 7th Floor Building lO Haskins & Sells LLP Tower B DLF Cyber City Complex DLF City Phase II Gurugram-122 002 Haryana, tndia Tel: +91 124 679 2000 Fax: +91 124 679 2012 INDEPENDENT AUDITOR'S REPORT ON AUDIT OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF INDUS TOWERS LIMITED Opinion We have audited the accompanying Statement of Consolidated Financial Results for the quarter and half year ended September 30, 2026 of Indus Towers Limited ("the Parent"/"the Company") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), ("the Consolidated Financial Results"f'the Statement") being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the LODR Regulations"). In our opinion and to the best of our information and according to the explanations given to us, the Statement: (i) includes the results of the following entities: a. Indus Towers Limited ("ITL") ("Parent"); Subsidiaries: b. Smartx Services Limited; c. Indus Towers FZE, Dubai (incorporated on December 08, 2025); d. Indus Towers Ventures FZE, Dubai (incorporated on December 18, 2025); e. Indus Towers Investment FZE, Dubai (incorporated on December 18, 2025); f. Indus Towers Management FZE, Dubai (incorporated on December 19, 2025); g. Indus Infra Uganda Limited, Uganda (incorporated on January 20, 2026); h. Indus...Iowi>rs Infra Zambia Limited. Zambia (incorporated on lanUM¥-1 2026); i. Indus Towers Nigeria Limited, Nigeria (incorporated on January 15, 2026); j. IndiKToWersGtooarventures IFSCUmited-(fnc:orporarea April 2s, 2026rand k. Indus Towers Employees' Welfare Trust. (ii) is presented in accordance with the requirements of the LODR Regulations; and (iii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34'') , prescribed under section 133 of the Companies Act 2013 (the "Act") read with relevant rules issued thereunder and other accounting principles generally accepted in India of the consolidated net profit and consolidated other comprehensive loss and other financial information of the Group for the quarter and half year ended September 30, 2026. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in the 'Auditor's Responsibilities for audit of the Consolidated Financial Results' section of our report below. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("!CAI") together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and ICAI's Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion. s-Consolidated/Sept 30, 2026/Regulation 33 Page 1 of 3 Regd. Office: One International Center, Tower 3. 31st floor, Senapati Ba pat Marg, Elphinstone Road (West}, Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737 Deloitte Haskins & Sells LLP Management's and Board of Directors' Responsibilities for the Consolidated Financial Results This Statement is the responsibility of Parent's management and has been approved by the Board of Directors for issuance. The Statement has been compiled/extracted from the Audited Interim Condensed Consolidated Financial Statements for the three and six months ended September 30, 2026, the Audited Consolidated Financial Results for the quarter ended June 30, 2026, the Audited Consolidated Financial Results for the quarter and year ended March 31, 2026 and the Audited Consolidated Financial Results for the quarter and half year ended September 30, 2025. This responsibility includes the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net profit/loss and consolidated other comprehensive income/loss and other financial information of the Group in accordance with the recognition and measurement principles laid down in Ind AS 34 and other accounting principles generally accepted in India and in compliance with the LODR Regulations. The respective Board of Directors/those charged with governance of the entities included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgements and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of this Consolidated Financial Results by the Directors of the Parent, as aforesaid. In preparing the Consolidated Financial Results, the respective management and the Board of Directors/those charged with governance of the entities included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities included in the Group or to cease operations, or has no realistic alternative but to do so. The respective Board of Directors/those charged with governam:e-of the entities included in the Group are responsible for overseeing the financial reporting process of respective entities included in the Group. Auditor's Responsibilities for audit of the Consolidat [Showing first 8,000 characters — download PDF for full document]