Indus Towers Ltd.'s net profit was flat at 0.8% for the fourth quarter of fiscal 2025-2026, according to an exchange filing from the company on Thursday. The firm declared a final dividend of Rs 14 per share.
The company's net profit was at Rs 1,793 crore YoY (year-on-year), from the previous fiscal's Rs 1,779 crore. Its revenue was 5% YoY higher to Rs 8,101 crore from Rs 7,727 crore in the preceding financial year.
The firm's Ebidta (earnings before interest, taxes, depreciation, and amortisation) saw a slight uptick of 1.6% YoY to Rs 4,464 crore from Rs 4,395 crore in the year-ago period. Its Ebidta margin was at 55.1% YoY from 56.9% in the year prior.
Indus Towers Q4 Results Highlights (Cons,YoY)
- Profit Up 0.8% At Rs 1,793 crore Vs Rs 1,779 crore
- Revenue Up 4.8% At Rs 8,101 crore Vs Rs 7,727 crore
- Ebitdta Up 1.6% At Rs 4,464 crore Vs Rs 4,395 crore
- Ebidta Margin At 55.1% Vs 56.9%
The stock received an initiation from global brokerage firm, Nomura, which stayed positive on the stock, implying an upside of almost 18%.
In its latest note, Nomura noted a strong structural data growth for Indus Towers whereas the improving outlook for Vodafone Idea could be another major positive for the company.
The brokerage believes rising data consumption in the country and the gradual shift to 5G will also serve as primary growth drivers for Indus Towers, as it would result in higher equipment loading on telecom towers. This in turn would lead to increase loading revenue with the absence of a meaningful increase in costs.
The share price of Indus Towers had decline of 0.95% to Rs 409.95 at the end of the day's trade, compared to a 0.74% downturn of the NSE Nifty 50.
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