Indus Towers announced its audited consolidated financial results for Q4FY26 and full year ended March 31, 2026, through regulatory filings submitted to BSE Limited and National Stock Exchange of India Limited on April 30, 2026. The telecommunications infrastructure company filed the announcement under Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q4FY26 Financial Performance

The company delivered steady quarterly performance with consolidated revenue reaching ₹8,101 crores, representing a 4.8% year-on-year growth. EBITDA stood at ₹4,464 crores, up 1.6% YoY, with an EBITDA margin of 55.1%. Profit after tax increased to ₹1,793 crores, marking a 0.8% YoY growth.

Full Year FY26 Results

For the complete financial year, Indus Towers reported consolidated revenues of ₹32,493 crores, up 7.9% YoY. However, consolidated EBITDA declined to ₹17,976 crores, down 13.8% YoY, while consolidated profit after tax decreased to ₹7,145 crores, down 28.1% YoY.

Operational Metrics and Infrastructure

As of March 31, 2026, Indus Towers maintained its position as a leading telecommunications infrastructure provider with a robust operational base. The company operated 264,514 towers with 428,014 co-locations, maintaining a sharing factor of 1.62.

Board Meeting and Dividend Announcement

The Board of Directors formally recommended a final dividend of ₹14 per equity share of face value ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting. The dividend, if approved, shall be paid within 30 days from the date of shareholders' approval. The Board meeting was conducted on April 30, 2026, commencing at 03:05 p.m. (IST) and concluding at 07:25 p.m. (IST).

Strategic Expansion and Corporate Developments

The company continues its strategic expansion into African markets, with subsidiaries incorporated in Nigeria, Uganda, and Zambia. During FY26, the company infused equity of AED 300,000 and provided a shareholder loan of USD 2.1 million to its UAE subsidiary. Additionally, on April 28, 2026, the company incorporated Indus Towers Global Ventures IFSC Limited in GIFT City, Gujarat, to serve as an investment holding company for overseas subsidiaries.

Market Position

Indus Towers continues to operate as one of the largest tower infrastructure providers globally, with presence across all 22 telecommunications circles in India. The company's portfolio of 264,514 telecom towers reinforces its market leadership position, supported by comprehensive deployment capabilities and well-developed operational processes.

Indus towers Limited has announced significant changes to its board composition following a board meeting held on April 30, 2026. The telecommunications infrastructure company disclosed the appointment of a new director while accepting resignations from two existing board members, marking a notable transition in its leadership structure.

Board Appointment and Resignations

The board of directors, acting on recommendations from the HR, Nomination and Remuneration Committee, appointed Mr. Randeep Singh Sekhon as an Additional Director in the category of Non-Executive Non-Independent Director, effective May 01, 2026. Concurrently, the board accepted resignations from Mr. Gopal Vittal and Mr. Jagdish Saksena Deepak, both Non-Executive Non-Independent Directors, with effect from April 30, 2026.

Profile of New Director

Mr. Randeep Singh Sekhon brings extensive telecommunications experience to the board as Chief Technology Officer for Airtel India and South Asia. Based in New Delhi, he oversees operations for one of the top three mobile service providers globally by subscriber count. His responsibilities encompass technology strategy and innovation, digitization, network operations, rollout, planning, and quality management across Airtel's comprehensive service portfolio including 2G, 3G, 4G, and 5G wireless services.

Prior to his current role, Mr. Sekhon served as CEO of Hutchison Tri Indonesia, where he successfully implemented customer-centric strategies and digitization-led efficiency improvements for business transformation in the Indonesian market.

Resignation Details

Both departing directors cited professional reasons for their resignations. Mr. Gopal Vittal mentioned "professional pre-occupations" as the reason for his immediate resignation, while Mr. Jagdish Saksena Deepak cited "certain professional reasons" for stepping down from his position and board committee memberships.

Regulatory Compliance

The changes were disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting, which addressed these directorial changes, commenced at 03:05 p.m. IST and concluded at 07:25 p.m. IST on April 30, 2026.

The company confirmed that Mr. Randeep Singh Sekhon is not debarred from holding directorial positions by any SEBI order or other regulatory authority. The board expressed appreciation for the valuable contributions of the resigning directors and extended best wishes for their future endeavors.