Indus Towers
423.90
+9.55(+2.30%)
Market Cap₹1,11,831.72 Cr
PE Ratio11.68
IndustryTelecom
Company Performance:
1D+2.30%
1M+5.95%
6M+2.13%
1Y+27.09%
5Y+77.29%
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More news about Indus Towers
03Nov 25
Indus Towers Reports 9.7% Revenue Growth in Q2, Announces Africa Expansion
Indus Towers reported robust Q2 performance with revenue growth of 9.7% YoY to ₹81.90 billion. The company added 4,301 macro towers and 4,505 co-locations, reaching a total of approximately 256,000 towers and 415,000 co-locations. Adjusted EBITDA grew by 14.9% YoY. Indus Towers announced strategic expansion into Africa, initially focusing on Nigeria, Uganda, and Zambia, with Bharti Airtel as an anchor customer. The company also made progress in sustainability efforts, adding 3,900 solar sites.
28Oct 25
Indus Towers Reports 9.7% Revenue Growth in Q2 FY2026, Driven by Tower Additions
Indus Towers, India's leading passive telecom infrastructure provider, reported a 9.7% year-on-year revenue increase to Rs 8,188.00 crore for Q2 FY2026. The company added 4,301 towers, bringing its total to 256,074. EBITDA decreased by 6.0% to Rs 4,613.00 crore, while profit after tax fell 17.3% to Rs 1,839.00 crore. Indus Towers announced plans to expand into African markets, starting with Nigeria, Uganda, and Zambia. The company maintains a strong financial position with a net debt to EBITDA ratio of 0.81.
27Oct 25
Indus Towers Reports Solid Q2 FY26 Results, Announces Strategic Expansion into Africa
Indus Towers Limited reported robust Q2 FY26 results with revenue up 9.7% YoY to ₹8,188.00 crore. The company's EBITDA reached ₹4,613.00 crore with a 56.3% margin, and PAT stood at ₹1,839.00 crore. Operationally, total towers increased to 256,074, and co-locations grew to 415,717. Indus Towers also announced plans to expand into African markets, initially targeting Nigeria, Uganda, and Zambia, aiming to diversify revenue streams and leverage its expertise in high-potential markets.
27Oct 25
Indus Towers Reports Mixed Q2 FY26 Results: Revenue Up, Profit Down
Indus Towers Limited reported mixed financial results for Q2 FY26. Revenue increased by 9.7% year-over-year to 81.88 billion rupees, demonstrating strong top-line growth. However, net profit declined by 17.3% to 18.39 billion rupees. EBITDA slightly decreased by 1.1% to 68.76 billion rupees, with the EBITDA margin contracting by 910 basis points to 83.97%. The company's ability to grow revenue in a challenging market is evident, but profitability remains a concern.
05Sept 25
Indus Towers Stock Surges 5% as Bharti Airtel Boosts Stake Amid Expansion Plans
Indus Towers' shares rose 5% to ₹339.95 after promoter Bharti Airtel increased its stake by 0.26%. The company recently approved expansion into African markets, but hasn't paid dividends since May 2022 due to delayed payments from Vodafone Idea. Despite concerns, brokerages maintain positive outlooks. Indus Towers clarified that the increased trading volume is due to market conditions.
03Sept 25
Indus Towers Shares Plunge 5% on African Expansion Concerns
Indus Towers' shares dropped 5% to a 52-week low of Rs 312.60 following the announcement of its expansion into African markets. The company's Board approved entry into Nigeria, Uganda, and Zambia, marking its first international venture. Despite the potential for growth and alignment with government policies, investors showed concerns about regulatory, political, and economic risks associated with the expansion. The move aims to leverage Indus Towers' expertise and its relationship with Bharti Airtel in these regions.
03Sept 25
Indus Towers Executes Rs. 64.02 Crore Block Trade Amid International Expansion Plans
Indus Towers completed a block trade worth Rs. 64.02 crores on NSE, involving 2,012,804 shares at Rs. 318.05 per share. The company's Board approved expansion into African markets, initially targeting Nigeria, Uganda, and Zambia. This move aims to diversify revenue, scale operations, and create long-term value. Indus Towers plans to leverage its financial position and relationship with Bharti Airtel for this expansion. The company will continue evaluating opportunities in other African markets where Airtel operates.
02Sept 25
Indus Towers Incorporates New UAE Subsidiary to Advance African Market Strategy
Indus Towers Limited has incorporated a new wholly owned subsidiary, Indus Towers Management FZE, in Dubai on December 19, 2025, to advance its African expansion strategy. The subsidiary, established through Indus Towers FZE with a share capital of 300 shares valued at AED 1,000 each, will facilitate investments in Nigeria, Uganda, and Zambia markets.
05Aug 25
Indus Towers Reports Strong Q1 Results with 9.1% Revenue Growth, Suspends Dividend Distribution
Indus Towers reported robust Q1 financial results with 9.1% YoY increase in gross revenues to ₹80.60 billion and 10.1% YoY growth in core rental revenue to ₹51.10 billion. The company added 2,468 macro towers and 5,777 co-locations, maintaining a portfolio tenancy ratio of 1.63. Despite challenging weather conditions, network uptime remained high at 99.96%. The Board decided to suspend dividend distribution temporarily. The company continues to focus on operational excellence, customer-centric approach, and strategic initiatives including ESG efforts.
31Jul 25
Indus Towers Reports Mixed Q1 Results Amid Challenging Environment
Indus Towers, India's leading passive telecom infrastructure provider, reported a 9.1% year-on-year increase in Q1 consolidated revenue to Rs 8,058.00 crore. The company expanded its tower portfolio to 251,773 towers with 411,212 co-locations. However, profitability faced challenges with EBITDA declining 3.4% to Rs 4,390.00 crore and net profit decreasing 9.8% to Rs 1,737.00 crore. The company added 2,468 macro towers and 5,777 co-locations during the quarter, maintaining a strong market position despite margin pressures.
30Jul 25
Indus Towers Reports 9.1% Revenue Growth in Q1 FY26, Profits Decline Amid Rising Costs
Indus Towers announced Q1 FY26 results with revenue growing 9.1% year-on-year to Rs 80,576.00 million, driven by co-location additions and tower deployments. However, profitability declined with EBITDA falling 3.4% to Rs 43,901.00 million and net profit decreasing 9.8% to Rs 17,368.00 million. The company expanded its infrastructure to 251,773 towers and 411,212 co-locations. Despite challenges, Indus Towers maintained a strong balance sheet with a net cash position of Rs 24,612.00 million. The company is focusing on AI and digital solutions to enhance operational efficiency amidst the ongoing 5G rollout in India.
30Jul 25
Indus Towers Reports Q1 FY26 Results: Revenue Up 9.1%, EBITDA Margin at 54.5%
Indus Towers Limited announced its Q1 FY26 results, showing a 9.1% YoY increase in revenue to Rs 8,058.00 crore. However, EBITDA decreased by 3.4% to Rs 4,390.00 crore, with margins dropping from 61.6% to 54.5%. Net profit declined by 9.8% to Rs 1,737.00 crore. The company expanded its tower base to 251,773 and increased co-locations to 411,212. Despite profitability challenges, Indus Towers continues to invest in AI and digital solutions, focusing on operational efficiency and green initiatives.
24Jul 25
Indus Towers to Announce Q1 FY2026 Results on July 30, 2025
Indus Towers, a major passive telecom infrastructure provider in India, will release its Q1 FY2026 financial results on July 30, 2025. An earnings call with senior management is scheduled for July 31, 2025, from 2:30 PM to 3:30 PM IST. The company will provide a comprehensive results package on its website, including a quarterly report, media release, and key performance indicators. As of March 31, 2025, Indus Towers operates 249,305 towers and 405,435 co-locations across all 22 telecom circles in India, serving major telecom providers.
06Jun 25
Indus Towers Braces for Potential Market Shift as Starlink Eyes India Entry
Indus Towers, India's leading telecom infrastructure provider, is preparing for potential market changes as Elon Musk's Starlink satellite internet service considers entering the Indian market. This development has alerted the industry to possible shifts in the competitive landscape of India's telecom sector. The entry of Starlink, known for its low-Earth orbit satellite constellation, could introduce new dynamics to India's internet connectivity landscape and may have significant implications for traditional telecom infrastructure companies. The telecom sector is bracing for potential changes, with companies like Indus Towers possibly needing to reassess their strategies to maintain competitiveness.
02May 25
Indus Towers Delays Shareholder Value Enhancement Plans, Forms Evaluation Committee
Indus Towers has postponed its plans to enhance shareholder value, opting to form a committee to evaluate various proposals. This decision comes amid improved cash flow due to Vodafone Idea's repayments, which had raised expectations for dividend resumption. The announcement led to a 6% decline in the company's stock price. Previously, analysts anticipated a potential dividend of ₹20 per share and a possible share buyback program. The company recently conducted an earnings call for Q4 ended March 31, 2023, with the audio recording available on their website.
02May 25
Indus Towers' Share Price Drops 7% Following Q4 Results
Indus Towers announced Q4 FY23 results with a 7.42% YoY revenue increase to ₹7,727.00 crore, but a 3.78% YoY profit decline to ₹1,780.00 crore. The company saw significant QoQ improvement with profits rising from ₹400.00 crore in Q3. Despite revenue growth, the share price fell over 7% on May 2, reflecting investor concerns about profitability.
01May 25
Indus Towers Reports Strong FY2025 Performance with 64.5% Surge in Profit
Indus Towers announced robust financial results for FY2025, with consolidated revenue up 5.3% to Rs. 30,123.00 crores and net profit soaring 64.5% to Rs. 9,932.00 crores. EBITDA increased by 41.9% to Rs. 20,845.00 crores. The company expanded its infrastructure, with total towers reaching 249,305 and co-locations growing to 405,435. Indus Towers also acquired passive infrastructure assets from Bharti Airtel, adding 10,380 macro towers and 2,226 lean co-locations to its portfolio.
01May 25
Indus Towers Reports Strong FY25 Performance with 64.5% Jump in Net Profit
Indus Towers announced strong financial results for FY25, with consolidated revenue growing 5.3% to Rs 30,123.00 crores and net profit soaring 64.5% to Rs 9,932.00 crores. The company expanded its tower base to 249,305 and increased co-locations to 405,435. Key developments include the acquisition of 12,606 towers from Bharti Airtel and completion of a share buyback. Despite impressive yearly figures, Q4 saw a 4.0% decline in net profit.
30Apr 25
Indus Towers Reports Mixed Q4 Results: Net Profit Dips 4%, Revenue Rises 7.4% YoY
Indus Towers announced its Q4 and FY2025 financial results, showing mixed performance in Q4 but robust growth for the full year. Q4 revenue grew 7.4% YoY to Rs. 7,727.00 crores, while net profit decreased 4% to Rs. 1,779.00 crores. For FY2025, consolidated revenue increased 5.3% to Rs. 30,123.00 crores, with net profit surging 64.5% to Rs. 9,932.00 crores. The company expanded its infrastructure, increasing its tower base to 249,305 and co-locations to 405,435. The acquisition of passive infrastructure assets from Bharti Airtel contributed to this growth.
30Apr 25
Indus Towers to Consider Dividend, Bonus Issue, and Share Buyback Options
Indus Towers will hold a board meeting on April 30, 2025, to discuss options for enhancing shareholder returns, including potential dividend distribution, bonus issue, and share buyback plans. The company has closed its trading window until May 2, 2025. Analysts expect a possible dividend of ₹15.00 to ₹20.00 per share, driven by improved cash flows partly due to Vodafone Idea resuming payments. The decision comes amid signs of stability in the Indian telecom sector.
28Apr 25
Indus Towers to Consider Shareholder Return Options in Upcoming Board Meeting
Indus Towers Limited's Board of Directors will meet on April 30, 2025, to discuss strategies for enhancing shareholder returns. Options under consideration include share buyback, bonus issue, and dividend distribution. The company has closed its trading window for Designated Persons until May 2, 2025, to prevent insider trading.
28Apr 25
Indus Towers Share Price Rises 4% Ahead of Board Meeting on Dividend, Bonus, and Buyback
Indus Towers' share price increased by up to 4% following the announcement of a Board meeting on December 30. The meeting will consider options for enhancing shareholder value, including dividend distribution, bonus shares, and share buyback. This move comes as the company experiences improved cash flow due to resumed payments from a major customer. The Board will evaluate these options individually or in combination to determine the most beneficial approach for shareholders.
Indus Towers
423.90
+9.55
(+2.30%)
1 Year Returns:+27.09%
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