Indus Towers Q3 FY26 results: revenue up 8%, profit down on prior one-time reversals
INDUSTOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Indus Towers Q3 FY26 revenue grew about 8% YoY to Rs 81,463 million from Rs 75,474 million. Q3 profit was Rs 17,759 million vs Rs 40,032 million in Q3 FY25, the sharp drop reflects absence of large one-time reversals of doubtful receivables allowances that boosted last year. Nine-month revenue reached Rs 243,921 million with profit of Rs 53,520 million vs Rs 81,526 million. NCDs fully redeemed in December 2025. Company expanding into African markets via new UAE subsidiaries. Audit opinion from Deloitte is unmodified.
Revenue growth steady at 8% YoY. Profit drop reflects timing of doubtful debt reversals, not core weakness. NCDs redeemed, debt reduced.