Indus Towers Limited has informed the Exchange regarding Transcripts of the Earnings Call on the Company s performance for the second quarter (Q2) ended September 30, 2025

Indus Towers reported Q2 FY26 total revenue of INR 81.9 billion (up 9.7% year-on-year) and core rental revenue of INR 52.4 billion (up 11.3% YoY), driven by 4,301 macro tower additions and 4,505 co-locations, taking the total base to ~256,000 towers and ~415,000 co-locations. Reported EBITDA was INR 46.1 billion with margin of 56.3%, but this was flattered by a INR 2.1 billion one-time write-back; adjusted EBITDA grew 14.9% YoY. Profit after tax stood at INR 18.4 billion (down 17.3% YoY on a reported basis, up 18.6% YoY adjusted). Free cash flow was INR 3.0 billion. Energy margins remained under pressure at -4.8% due to a prolonged monsoon driving higher diesel use. Management reaffirmed its Africa foray into Nigeria, Uganda and Zambia, with tower rollouts targeted in 3-6 months, and said dividend distribution timing remains end of FY26, contingent partly on AGR clarity for Vodafone Idea.