Telecom infrastructure major Indus Towers Ltd on Monday (October 27) reported a net profit of ₹1,839 crore for the second quarter, down 17.3% from ₹2,224 crore in the same period last year.
Revenue for Q2 rose 9.7% to ₹8,188 crore from ₹7,465 crore year-on-year. EBITDA declined 6% to ₹4,613 crore, compared to ₹4,907 crore in Q2 last year, while the EBITDA margin contracted to 56.3% from 65.7% year-on-year.
Indus Towers reported an improvement in its Return on Equity (Pre-Tax), which rose to 38.9% from 38.4% on a year-on-year basis. The Return on Equity (Post-Tax) remained stable at 29.0% compared to the same period last year. Return on Capital Employed also improved to 26.3% from 22.9% YoY.
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The company’s Q2 FY26 results included a write-back of ₹195 crore in provision for doubtful receivables, supported by collections against past overdue amounts. Indus Towers’ total tower base stood at 256,074 during the quarter, with a closing sharing factor of 1.62.
Prachur Sah, Managing Director and CEO, Indus Towers Limited, said, “We are pleased to report another quarter of solid performance driven by healthy tower additions and the strengthening of our market presence. Our sharp focus on cost efficiency has been contributing to steady improvement in our profitability.
The quarter also marked the announcement of our plan to foray into Africa, a strategic step towards supplementing our long-term growth by extending Indus Towers’ proven execution capabilities to new high-potential markets.
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Our emphasis on leveraging automation and AI will be critical for us to maintain our pole position by enhancing efficiency, scalability, and service quality. This will be pivotal to deliver sustainable growth and create long-term value for our shareholders.”
Shares of Indus Towers Ltd ended at ₹371.35, up by ₹9.90, or 2.74%, on the BSE.
