Indus Towers Limited has informed the Exchange regarding a press release dated July 30, 2025, titled "Audited Financial Results for the first quarter (Q1) ended June 30, 2025".
INDUSTOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indus Towers posted Q1 FY26 consolidated revenue of Rs. 8,058 crores, up 9.1% year-on-year, supported by a larger tower base of 251,773 (up from 225,910 last year) and 411,212 co-locations, partly helped by the Bharti Airtel tower acquisition concluded earlier. However, profitability weakened - EBITDA fell 3.4% to Rs. 4,390 crores (margin of 54.5%) and net profit declined 9.8% to Rs. 1,737 crores. Operating free cash flow dropped sharply by 17.8% to Rs. 1,444 crores. The average sharing factor slipped to 1.63 from 1.67 a year ago, and revenue per tower also dipped 2.2% YoY. On the positive side, return on equity (pre-tax) improved to 40.8% from 34.7%, and ROCE rose to 28.1% from 20.9%. Management highlighted investments in AI and digital solutions, and a Rs. 88 crore write-back on doubtful receivables helped cushion earnings.
Mixed quarter for shareholders - topline growth is healthy, but declining margins, falling cash flows, and a lower sharing factor suggest pricing pressure and rising costs. The improved return ratios are encouraging, but the sharp drop in profits and FCF could weigh on short-term sentiment.