Indus Towers Limited reported its consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26). The company recorded a revenue of ₹8,058 crore, registering a year-on-year (YoY) increase of 9.1% from ₹7,383 crore in the same quarter last year.
Despite the revenue growth, the company saw a decline in profitability and cash flow metrics. EBITDA fell by 3.4% YoY to ₹4,390 crore, while EBIT declined by 10.1% to ₹2,645 crore. Profit before tax dropped by 10% to ₹2,334 crore, and net profit came in at ₹1,737 crore, down 9.8% from ₹1,926 crore a year ago.
Operating Free Cash Flow for the quarter was ₹1,444 crore, marking a 17.8% drop from ₹1,755 crore in the corresponding quarter of FY25. Adjusted Fund From Operations (AFFO) stood at ₹2,840 crore, down 15.9% YoY.
The company closed the quarter with a total tower base of 2,51,773 and a sharing factor of 1.63. Return on Equity (pre-tax) rose to 40.8% from 34.7%, and post-tax ROE improved to 30.8% from 25.7%. Return on Capital Employed also moved up to 28.1%, compared to 20.9% a year earlier.
During the quarter, Indus Towers reversed provisions worth ₹88 crore related to doubtful receivables, supported by the recovery of past dues.
