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Informist, Monday, Oct. 27, 2025

 

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--Indus Towers Jul-Sept consol net profit INR 18.39 bln 
--Analysts saw Indus Towers Jul-Sept consol net profit at INR 18.03 bln 
--Analysts saw Indus Towers Jul-Sept consol revenue at INR 81.41 bln 
--Indus Towers Jul-Sept consol revenue INR 81.88 bln 
--Indus Towers Jul-Sept consol PAT INR 18.39 bln vs INR 17.37 bln qtr ago 
--Indus Towers Jul-Sept consol revenue INR 81.88 bln vs INR 80.58 bln qtr ago 
--Indus Towers Apr-Sept consol PAT INR 35.76 bln vs INR 41.49 bln year ago 
--Indus Towers Apr-Sept consol revenue INR 162.46 bln vs INR 148.48 bln 

--Indus Towers Jul-Sept consol EBITDA INR 46.13 bln vs INR 49.07 bln yr ago 

--Indus Towers Jul-Sept consol EBIT INR 27.71 bln vs INR 32.84 bln year ago 

--Indus Towers Jul-Sept towers base 256,074 units vs 251,773 units qtr ago 

--Indus Towers Q2 co-locations base 415,717 units vs 411,212 units qtr ago 

--Indus Towers Q2 sharing revenue/tower per month INR 67,924, up 1.3% QoQ 

--Indus Towers Jul-Sept consol EBITDA margin 56.3% 

--Indus Towers Jul-Sept consol EBITDA margin 56.3% vs 54.5% qtr ago 

--Indus Towers Jul-Sept consol EBIT margin 33.8% vs 32.8% qtr ago 

--Indus Towers Jul-Sept capex INR 25.59 bln vs INR 19.48 bln qtr ago 

 

 

By Shakshi Jain

 

NEW DELHI – Indus Towers Ltd. Monday reported slightly better-than-expected top-line and bottom-line numbers for the September quarter. The company's bottom line returned to a growth trajectory in Jul-Sept after two consecutive quarters of sequential decline. Its top-line growth, however, was at a three-quarter low in Jul-Sept. 

 

The company's consolidated net profit for the September quarter rose 6% sequentially to INR 18.39 billion, beating analysts' expectations of INR 18.03 billion. However, on a year-on-year basis, the company's bottom line fell by over 17% during the quarter.

 

Indus Towers' revenue for the quarter grew 1.6% sequentially to INR 81.88 billion, also higher than the INR 81.41 billion expected by analysts. On a year-on-year basis, the company's top line grew almost 10% in Jul-Sept. 

 

The sequential improvement in the company's top line in the September quarter was driven by a steady increase in the number of towers and co-locations added. The company net added 4,301 towers sequentially and 4,505 co-locations during the reporting quarter. The company also net added 28 lean co-locations in the September quarter.

 

Further, Indus Towers' sharing revenue per tower per month increased to INR 67,924 in Jul-Sept from INR 67,036 in the June quarter. 

 

Meanwhile, the company's total expenses for Jul-Sept fell 2.5% on quarter to INR 35.76 billion, aiding sequential bottom-line growth for the three-month period. On a year-on-year basis, total expenses rose much faster than revenue, hurting the company's bottom-line performance in the reporting quarter. 

 

Indus Towers' power and fuel costs rose marginally in Jul-Sept on a sequential basis to INR 30.87 billion, while expenses associated with repairs and maintenance grew 1.8% on quarter to INR 3.77 billion. The company's total expenses were reigned in by a 3.8% sequential decline in employee benefit expenses to INR 2.05 billion for the quarter. 

 

Indus Towers' adjusted depreciation and amortisation expenses for the quarter rose 5.7% on quarter to INR 18.01 billion, while finance costs of the company fell 2.6% sequentially to INR 4.62 billion in Jul-Sept.

 

MARGIN MOVEMENT

 

Indus Towers' consolidated earnings before interest, tax, depreciation, and amortisation moderated to INR 46.13 billion in the September quarter from INR 49.07 billion a year ago. Its consolidated EBIT dropped nearly 16% on year to INR 27.71 billion in Jul-Sept.

 

On a sequential basis, the company's EBITDA improved 5% in the September quarter from INR 43.90 billion in the trailing quarter. Its EBIT improved 4.8% in the reporting quarter from INR 26.45 billion in Apr-Jun. Indus Towers' EBITDA margin improved 180 basis points sequentially to 56.3% in the September quarter, while the EBIT margin expanded 100 bps to 33.8%.

 

Indus Towers incurred INR 25.59 billion in capital expenditure between Jul-Sept, higher than the INR 19.48 billion recorded in capex for the June quarter.

 

During Apr-Sept, the company's consolidated bottom line moderated to INR 35.76 billion from INR 41.49 billion a year ago, while its top line increased to INR 162.46 billion from INR 148.48 billion in the first half of FY25.

 

Monday, shares of the company closed 2.7% higher at INR 371.30 on the National Stock Exchange. The company reported its quarterly results after market hours.

 

End

 

Edited by Saji George Titus

 

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