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INDUS TOWERS
Quarterly Results Analysis [Mar2026]

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INDUS TOWERS Quarterly Results

Consolidated Mar2026
UnAudited
Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Revenues ₹8,101 Cr ₹8,146 Cr ₹8,188 Cr ₹8,058 Cr ₹7,727 Cr ₹7,547 Cr ₹7,465 Cr ₹7,383 Cr
Expenses ₹3,677 Cr ₹3,678 Cr ₹3,616 Cr ₹3,708 Cr ₹3,403 Cr ₹589 Cr ₹2,602 Cr ₹2,879 Cr
Operating Income ₹4,424 Cr ₹4,468 Cr ₹4,572 Cr ₹4,350 Cr ₹4,324 Cr ₹6,958 Cr ₹4,864 Cr ₹4,504 Cr
Other Income ₹248 Cr ₹237 Cr ₹170 Cr ₹163 Cr ₹211 Cr ₹291 Cr ₹158 Cr ₹104 Cr
Interest ₹469 Cr ₹487 Cr ₹462 Cr ₹475 Cr ₹479 Cr ₹462 Cr ₹461 Cr ₹456 Cr
Depreciation ₹1,838 Cr ₹1,798 Cr ₹1,801 Cr ₹1,704 Cr ₹1,693 Cr ₹1,569 Cr ₹1,580 Cr ₹1,561 Cr
Profit Before Tax ₹2,365 Cr ₹2,420 Cr ₹2,478 Cr ₹2,334 Cr ₹2,363 Cr ₹5,219 Cr ₹2,980 Cr ₹2,592 Cr
Profit After Tax ₹1,793 Cr ₹1,776 Cr ₹1,839 Cr ₹1,737 Cr ₹1,779 Cr ₹4,003 Cr ₹2,224 Cr ₹1,926 Cr
EPS ₹6.80 ₹6.73 ₹6.97 ₹6.58 ₹6.74 ₹15.17 ₹8.43 ₹7.15
Industry Peers & Returns1W1M1Y
INDUS TOWERS 2% -3.8% 4.3%
BHARTI AIRTEL 3.9% 2.4% 4%
BHARTI HEXACOM -1.2% 0.7% -3.8%
VODAFONE IDEA 7.4% 14.8% 37.8%
TATA COMMUNICATIONS 4% 12.8% 2%
TATA TELESERVICES (MAHARASHTRA) -3.6% 29.6% -25.3%
RAILTEL CORPORATION OF INDIA 2.5% 24.4% 8.2%
MAHANAGAR TELEPHONE NIGAM 2% 35.5% -26.2%
HATHWAY CABLE & DATACOM -0.3% 18.5% -20.9%

INDUS TOWERS Quarterly Revenues

Revenues
Q-o-Q

-0.56 %

Y-o-Y

4.84 %

Quarters Revenues % Change
Mar2026 ₹8,101 Cr
-0.56
Dec2025 ₹8,146 Cr
-0.51
Sep2025 ₹8,188 Cr
1.62
Jun2025 ₹8,058 Cr
4.28
Mar2025 ₹7,727 Cr
2.38
Dec2024 ₹7,547 Cr
1.10
Sep2024 ₹7,465 Cr
1.11
Jun2024 ₹7,383 Cr -

INDUS TOWERS Quarterly Operating Profit

Operating Profit
Q-o-Q

-0.99 %

Y-o-Y

2.31 %

Quarters Operating Profit % Change
Mar2026 ₹4,424 Cr
-0.99
Dec2025 ₹4,468 Cr
-2.28
Sep2025 ₹4,572 Cr
5.12
Jun2025 ₹4,350 Cr
0.59
Mar2025 ₹4,324 Cr
-37.86
Dec2024 ₹6,958 Cr
43.06
Sep2024 ₹4,864 Cr
7.99
Jun2024 ₹4,504 Cr -
Operating Margins
Q-o-Q

-0.44 %

Y-o-Y

-2.41 %

Quarters Operating Margin% % Change
Mar2026 54.61%
-0.44
Dec2025 54.85%
-1.77
Sep2025 55.84%
3.45
Jun2025 53.98%
-3.54
Mar2025 55.96%
-39.30
Dec2024 92.19%
41.50
Sep2024 65.15%
6.79
Jun2024 61.01% -

INDUS TOWERS Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

0.96 %

Y-o-Y

0.78 %

Quarters Profit After Tax % Change
Mar2026 ₹1,793 Cr
0.96
Dec2025 ₹1,776 Cr
-3.45
Sep2025 ₹1,839 Cr
5.90
Jun2025 ₹1,737 Cr
-2.38
Mar2025 ₹1,779 Cr
-55.56
Dec2024 ₹4,003 Cr
80.04
Sep2024 ₹2,224 Cr
15.45
Jun2024 ₹1,926 Cr -
PAT Margins
Q-o-Q

1.51 %

Y-o-Y

-3.87 %

Quarters PAT Margin(%) % Change
Mar2026 22.13 %
1.51
Dec2025 21.8 %
-2.94
Sep2025 22.46 %
4.22
Jun2025 21.55 %
-6.39
Mar2025 23.02 %
-56.60
Dec2024 53.04 %
78.11
Sep2024 29.78 %
14.14
Jun2024 26.09 % -

INDUS TOWERS Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

1.04 %

Y-o-Y

0.89 %

Quarters EPS % Change
Mar2026 ₹6.8
1.04
Dec2025 ₹6.73
-3.44
Sep2025 ₹6.97
5.93
Jun2025 ₹6.58
-2.37
Mar2025 ₹6.74
-55.57
Dec2024 ₹15.17
79.95
Sep2024 ₹8.43
17.90
Jun2024 ₹7.15 -

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