Indus Towers Limited has informed the Exchange regarding Transcript of the Earnings call on the Company's performance for the fourth quarter (Q4) and financial year ended March 31, 2026.

Indus Towers reported Q4 FY26 total revenue of INR 81 billion (up 4.8% YoY) with core rental revenues of INR 53.1 billion (up 5.4% YoY). EBITDA stood at INR 44.6 billion with a margin of 55.1%, down 1.8 percentage points YoY partly due to one-time writeback benefits in the prior year base. Full-year FY26 gross revenue was INR 325 billion and reported EBITDA was INR 180 billion; on a normalized basis excluding INR 51 billion writeback from a major customer in FY25, EBITDA grew 11.4% and PAT grew 13%. The company added 4,892 macro towers and 6,192 co-locations in Q4, with tenancy ratio stable at 1.62x. Free cash flow for FY26 was INR 37.6 billion. The Board recommended a final dividend of INR 14 per share, representing full distribution of FY26 FCF and the first payout since resuming shareholder distributions. Energy margins improved to negative 3.6% from negative 5.2% YoY through structural cost optimization. Africa expansion is underway with Zambia license secured and operations expected to start shortly.