Indus Towers: Q2 FY26 Revenue Grows 4.0% to ₹8,516 Crore

Indus Towers announced its audited consolidated financial results for the second quarter (Q2) of fiscal year 2026, ending September 30, 2026. The company reported a 4.0% year-on-year increase in consolidated revenues, reaching ₹8,516 Crore. Consolidated EBITDA saw a marginal rise of 0.4% to ₹4,633 Crore, while consolidated profit after tax declined by 2.5% to ₹1,793 Crore.

Indus Towers Reports Q2 FY26 Financial Highlights

Indus Towers Limited has disclosed its audited consolidated financial results for the second quarter ended September 30, 2026. The company demonstrated a steady performance with consolidated revenues reaching ₹8,516 Crore, marking a 4.0% increase compared to the same period in the previous year (Y-o-Y).

EBITDA and Profitability

Consolidated EBITDA for the quarter stood at ₹4,633 Crore, reflecting a modest 0.4% growth Y-o-Y. The company’s consolidated profit after tax for the second quarter was reported at ₹1,793 Crore, indicating a 2.5% decrease Y-o-Y. The EBITDA margin for the quarter was reported at 54.4%.

Key Operational Metrics

The company highlighted strong co-location additions and robust cash generation as drivers of its performance. Key operational highlights for the second quarter include:

  • Total Tower base: 270,480, up by 5.6% Y-o-Y.
  • Total Co-Location base: 440,153, up by 5.9% Y-o-Y.

CEO’s Commentary

Prachur Sah, Managing Director and CEO of Indus Towers Limited, commented on the results, stating, “We delivered a strong quarter, underpinned by sustained customer demand, healthy co-location additions and robust cash flow generation.” He further emphasized the company’s focus on operational efficiency and customer experience through its low-cost shared infrastructure model and digital initiatives. Mr. Sah expressed confidence in delivering sustainable growth and long-term shareholder value.

Financial Summary (Amount in Rs. Crores)

Particulars Sep-26 Sep-25 Y-on-Y Growth
Revenue 8,515 8,188 4.0%
EBITDA 4,638 4,613 0.6%
Profit/(Loss) after Tax 1,798 1,839 -2.2%
Operating Free Cash Flow 1,107 1,039 6.5%
Summary of Consolidated Statement of Income (Q2 FY26)

Source: BSE

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