Indus Towers Reports Q4FY26 Results, Declares ₹14 Dividend
Indus Towers submitted a revised Q4FY26 quarterly report to stock exchanges following a typographical error in the original filing, with no impact on financial performance. The company made available the audio recording of its earnings call conducted on May 01, 2026, and reported steady operational growth with 4,892 new towers and 6,192 additional co-locations, alongside financial performance showing 4.8% revenue growth to ₹81,010 Mn and a recommended final dividend of ₹14 per share.

*this image is generated using AI for illustrative purposes only.
Indus Towers has filed a revised quarterly report for Q4FY26 with stock exchanges following a typographical error in the original submission. The telecommunications infrastructure company confirmed that the revision has no impact on its financial performance. Additionally, the company conducted an earnings call on May 01, 2026, to discuss its performance for the fourth quarter and financial year ended March 31, 2026.
Regulatory Filing Details
The company submitted the revised report to BSE Limited and National Stock Exchange of India Limited on May 01, 2026. The revision was necessitated due to an inadvertent typographical error in the original quarterly report for the fourth quarter and financial year ended March 31, 2026. The audio recording of the earnings call conducted on the same day has been made available through the company's official website at the following link: https://www.industowers.com/wp-content/uploads/2026/05/Audio2026-01-052026.mp3 .
| Parameter: | Details |
|---|---|
| Filing Date: | May 01, 2026 |
| Report Period: | Q4FY26 (ended March 31, 2026) |
| Financial Impact: | None |
| Company Secretary: | Samridhi Rodhe |
| Audio Recording: | Available on company website |
Operational Performance Highlights
As of March 31, 2026, Indus Towers demonstrated robust operational metrics across its nationwide infrastructure network:
| Metric: | Q4FY26 | Q3FY26 | Growth |
|---|---|---|---|
| Towers: | 264,514 | 259,622 | 4,892 |
| Co-locations: | 428,014 | 421,822 | 6,192 |
| Sharing Factor: | 1.62 | 1.62 | Stable |
| Lean Co-locations: | 14,044 | 13,989 | 55 |
Financial Performance Overview
The company's Q4FY26 results showcase steady growth across key financial metrics:
| Financial Metric: | Q4FY26 | Q4FY25 | YoY Growth |
|---|---|---|---|
| Revenue: | ₹81,010 Mn | ₹77,271 Mn | 4.8% |
| EBITDA: | ₹44,643 Mn | ₹43,952 Mn | 1.6% |
| Net Profit: | ₹17,929 Mn | ₹17,791 Mn | 0.8% |
| EBITDA Margin: | 55.1% | 56.9% | -1.8pp |
Strategic Developments
The Board approved incorporation of a wholly owned subsidiary in Gujarat International Finance Tec City (GIFT City) to function as an investment holding company for overseas subsidiaries and treasury operations. This initiative is expected to enhance financial flexibility and support long-term international expansion plans.
Dividend Declaration
The Board of Directors recommended a final dividend of ₹14 per equity share for FY26, subject to shareholder approval at the Annual General Meeting. This recommendation reflects the board's confidence in the company's financial stability and commitment to shareholder value.
Market Position
Indus Towers continues to maintain its position as one of the largest tower infrastructure providers globally, operating across all 22 telecommunications circles in India. The company's comprehensive deployment and operational experience, supported by well-developed processes and IT infrastructure, positions it well for sustained growth in the telecommunications infrastructure sector.
Historical Stock Returns for Indus Towers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.95% | +0.44% | -3.84% | +7.58% | +1.83% | +62.42% |
How will the new GIFT City subsidiary impact Indus Towers' international expansion timeline and overseas investment strategy?
What factors could help Indus Towers improve its EBITDA margin from the current 55.1% back towards previous levels?
Will the company's tower addition pace of 4,892 units per quarter be sustainable given India's 5G infrastructure rollout requirements?


































