INDUSTOWERNSEIndus Towers LimitedHighNeutral
Announced Fri, 1 May · 14:19 IST

Indus Towers Limited has informed the Exchange regarding Revised Quarterly Report for the fourth quarter (Q4) and financial year ended March 31, 2026

Ebitda Margin CompressionResults RestatedRelated Party TransactionsResults View source PDF

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AI summary

Indus Towers has filed a revised quarterly report for Q4 FY26 correcting an inadvertent typographical error from the original filing dated April 30, 2026. The company has explicitly stated there is no impact on financial performance. For Q4 FY26, revenue stood at Rs 81,010 million (up 4.8% YoY), EBITDA at Rs 44,643 million (up 1.6% YoY) with EBITDA margin of 55.1%, and PAT at Rs 17,929 million (up 0.8% YoY). For full year FY26, revenue was Rs 3,24,931 million (up 7.9% YoY), EBITDA declined to Rs 1,79,756 million (down 13.8% YoY) with margin compression from 69.2% to 55.3%, and PAT declined to Rs 71,449 million (down 28.1% YoY). Tower count increased to 264,514 macro towers with 428,014 co-locations. The company also completed acquisition of passive infrastructure from Bharti Airtel Limited during the year.

Likely market impact

The revision was purely a typographical correction with no impact on actual financial performance. However, FY26 shows significant EBITDA margin compression (69.2% to 55.3%) and PAT decline of 28.1% YoY, which investors should note despite positive Q4 quarterly growth.