INDUSTOWER Indus Towers Q2 FY26 results (Jul–Sep 2025) and concall
Indus Towers reported a robust Q2 FY26 with total revenue of INR 81.9 billion, up 9.7% YoY, and adjusted EBITDA growing 14.9% YoY. The company added 4,301 macro towers and 4,505 co-locations, maintaining a stable tenancy ratio of 1.62. A key strategic move was the announcement of its foray into Africa. However, reported EBITDA saw a 6% YoY decline due to prior year write-backs, and energy margins remained negative at -4.8% due to adverse weather conditions and higher diesel consumption.
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What they filed
Q2 FY26: revenue up 9.7%, net profit down 17.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 7,465 | 7,547 | 7,727 | 8,058 | 8,188 +10% |
| EBITDA | 4,864 | 6,958 | 4,395 | 4,390 | 4,572 −6% |
| Net profit | 2,224 | 4,003 | 1,779 | 1,737 | 1,839 −17% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
