BSECompany Update1d ago · 27 Oct 2026, 07:02 pm
Indus Towers Limited has informed the Exchange regarding the Press Release dated October 27, 2026 titled "Indus Towers announces Consolidated Results for the second quarter ended September 30, 2026"
Indus Towers Ltd · 534816
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Indus Towers Limited has announced its audited consolidated results for the second quarter ended September 30, 2026, with consolidated revenue at Rs. 8,516 Crores, up 4.0% Y-o-Y, and consolidated EBITDA at Rs. 4,633 Crores, up 0.4% Y-o-Y.
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Market Sentiment5/10
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Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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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.: Press Release w.r.t. audited financial results for the second quarter (Q2) and half year ended
September 30, 2026
Dear Sir/ Ma’am,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please
find enclosed Press Release being issued by the Company with regard to the Audited Financial Results of the
Company for the Second quarter (Q2) and half year ended September 30, 2026.
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
Indus Towers Limited – Media Release October 27, 2026
Indus Towers Limited
Indus Towers announces Consolidated results for the second quarter ended
September 30, 2026
Consolidated Revenues for the quarter at Rs. 8,516 Crores, up 4.0% Y-o-Y
Consolidated EBITDA for the quarter at Rs. 4,633 Crores, up 0.4% Y-o-Y
Consolidated Profit after Tax for the quarter at Rs. 1,793 Crores, down 2.5% Y-o-Y
Strong co-location additions and cash generation drive robust performance
Highlights for the second quarter ended September 30, 2026
Total Tower base of 270,480, up by 5.6% Y-o-Y
Total Co-Location base of 440,153, up by 5.9% Y-o-Y
Consolidated Revenues at Rs. 8,516 Crores, up 4.0% Y-o-Y
Consolidated EBITDA at Rs. 4,633 Crores, up 0.4% Y-o-Y
Consolidated Profit after Tax at Rs. 1,793 Crores, down 2.5% Y-o-Y
Gurugram, Haryana, India, October 27, 2026: Indus Towers Limited (“Indus Towers” or “the Company”)
today announced its audited consolidated results for the second quarter ended September 30, 2026.
Consolidated revenue for the quarter was at Rs. 8,516 Crores, up 4.0% Y-o-Y. Consolidated EBITDA
was at Rs. 4,633 Crores, up 0.4% Y-o-Y, representing an EBITDA margin of 54.4%. Net profit for the
quarter was at Rs. 1,793 Crores, down 2.5% Y-o-Y. Return on Equity (Pre-Tax) declined to 25.3% as
against 38.4% on Y-o-Y basis [Return on Equity (Post Tax) declined to 18.8% compared to 29.0% on Y-
o-Y basis]. Return on Capital Employed declined to 19.1% as against 26.3% on Y-o-Y basis. Q2 FY26
had a write back of Rs. 195 Crores in provision for doubtful receivables, aided by collections against past
overdue.
Prachur Sah, Managing Director and CEO, Indus Towers Limited, said:
"We delivered a strong quarter, underpinned by sustained customer demand, healthy co-location
additions and robust cash flow generation. The resulting improvement in tenancy ratio to 1.63 reflects
our success in capturing a substantial share of customers' incremental rollouts and reinforces our position
as their preferred infrastructure partner.
Our focus on a low-cost shared infrastructure model, digital energy management and AI-led
transformation is enhancing operational efficiency and customer experience. In Africa, initial rollouts are
progressing as planned, with momentum expected to build through the second half of the year.
Supported by a healthy order book and a compelling infrastructure value proposition, we remain confident
of delivering sustainable growth and long-term shareholder value.”
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Indus Towers Limited – Media Release October 27, 2026
Summary of the Consolidated Statement (Indus Towers India) of Income as per IND AS
Financial and operating performance is presented for Indus Towers excluding overseas subsidiaries
(Amount in Rs. Crores, except ratios)
Quarter Ended
Particulars Y-on-Y
Sep-26 Sep-25
Growth
Revenue1 8,515 8,188 4.0%
EBITDA1 4,638 4,613 0.6%
EBIT1 2,652 2,771 -4.3%
Profit/(Loss) before Tax 2,418 2,478 -2.4%
Profit/(Loss) after Tax 1,798 1,839 -2.2%
Operating Free Cash Flow1&2 1,107 1,039 6.5%
Adjusted Fund From Operations(AFFO)1&3 3,023 3,037 -0.5%
1. Revenue, EBITDA, EBIT, Operating free cash flow and Adjusted Fund from Operations (AFFO) are excluding other income.
2. Operating Free Cash Flow is a non-IND AS measure and is defined as EBITDA adjusted for capex and repayment of lease liabilities.
3. Adjusted Fund from Operations is a non IND AS measure and is defined as EBITDA adjusted for Maintenance capex and repayment
of lease liabilities.
Tower & Co-Location Base
Sep 30, June 30, Q-on-Q Sep 30, Y-on-Y
Parameters Unit
2026 2026 Growth 2025 Growth
Macro
Towers Nos 2,70,480 2,67,611 2,869 2,56,074 14,406
Co-locations Nos 4,40,153 4,32,250 7,903 4,15,717 24,436
Key Indicators
Average Sharing Factor Times 1.62 1.62 1.63
Closing Sharing Factor Times 1.63 1.62 1.62
Sharing Revenue per Tower p.m. Rs 66,532 66,416 0.2% 67,924 -2.0%
Sharing Revenue per Sharing Operator p.m. Rs 41,036 41,082 -0.1% 41,714 -1.6%
Sep 30, June 30, Q-on-Q Sep 30, Y-on-Y
Parameters Unit
2026 2026 Growth 2025 Growth
Lean
Co-locations Nos 14,037 14,024 13 13,963 74
Key Indicators
Sharing Revenue per Sharing Operator p.m Rs 16,867 16,707 1.0% 16,127 4.6%
About Indus Towers Limited
Indus Towers Limited is India’s leading provider of passive telecom infrastructure and it deploys, owns and manages telecom
towers and communication structures, for various mobile operators. The Company’s portfolio of 270,480 telecom towers makes
it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles. Indus Towers caters to
all wireless telecommunication service providers in India. The Company has been the industry pioneer in adopting green energy
initiatives for its operations. For further details visit www.industowers.com
Disclaimer:
[This communication does not constitute an offer of securities for sale in the United States. Securities may not be sold in the
United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any
public offering of securities to be made in the United States will be made by means of a prospectus and will contain detailed
information about the Company and its management, as well as financial statements].
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