Indus Towers Q3 Results: Indus Towers announced its October-December quarter results for fiscal 2025-26 (Q3FY26) on Monday, Feb. 2, 2026, reporting a slump of 55% in consolidated net profit to Rs 1,776 crore, compared to Rs 4,003 crore in the corresponding period last year. The leading telecommunication company missed Bloomberg estimates, however, revenue from operations in the third quarter of current fiscal rose 8% to Rs 8,146 crore, compared to Rs 7,548 crore in the year-ago period.
On an operational basis, Indus Towers earnings before interest, taxes, depreciation, and amortization (EBITDA) during the December quarter dropped 35.6% to Rs 4,509 crore, compared to Rs 6,997 crore in the same period last year. EBIT margin in the quarter-under-review slumped 55.3% compared to 92.7% in the year-ago period, compared to Bloomberg estimate of 53%.
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Indus Towers Q3 Results (Cons, YoY)
- Net Profit slumps 55.6% to Rs 1,776 crore Vs Rs 4,003 crore
- Revenue drops 7.9% to Rs 8,146 crore Vs Rs 7,548 crore
- EBITDA drops 35.6% to Rs 4,509 crore Vs Rs 6,997 crore
- EBITDA Margin down 55.3% Vs 92.7%
The telecom major's net profit halved in the quarter-under-review. Increased rollouts and cost measures aided strong underlying performance. The return on capital employed declined to 20.3% compared to 29.3% on YoY basis. Indus Towers had a write back of Rs. 3,024 crore in provision for doubtful receivables, aided by collections against past overdue.
"Our performance this quarter remained robust, supported by an increase in colocations and sustained improvements in profitability. We continued to advance the integration of digital technologies, automation, and AI-driven capabilities throughout our operations, resulting in improved asset visibility, enhanced operational control, and greater execution speed,'' said Prachur Sah, Managing Director and CEO, Indus Towers Ltd.
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''The recent government measures on AGR dues of a major customer are expected to aid its financial stability which bodes well for us. With our commitment to operational excellence, prudent investments, and a customer-focused approach, we remain focused on garnering a larger share of our customers' rollouts. Our preparations for expansion into Africa progressed further with a focus on expediting execution,'' added Sah.
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