Indus Towers

Indus Towers reported Q4 FY26 revenue of INR 81 billion (+4.8Current 4.8 crore vs previous available quarter 7.9 crore.% YoY) and EBITDA of INR 44.6 billion (+1.6% YoY), with EBITDA margin at 55.1%Current 55.1% vs previous available quarter 55.3%. (-180bps YoY). PAT grew marginally to INR 17.9 billion. Core rental revenue rose 5.4% YoYCurrent reported value: 5.4% YoY. No comparable prior figure is available in the source record. to INR 53.1 billion, driven by healthy colocation additions of 6,192Current 6,192. Reported change: +5.6% YoY. (total colos: 428,000). Tower additions were 4,892 (total: 264,500Current 264,500. Reported change: +6.5% YoY.). The board recommended a final dividend of INR 14 per shareCurrent reported value: INR 14 per share. No comparable prior figure is available in the source record., distributing FY26 free cash flow. Management highlighted strong order book and steady progress in Africa expansion (Zambia license secured). Key risks include supply chain disruptions from geopolitical tensions and potential churn from non-renewal of certain customer tenancies. Energy margins improved to -3.6% from -5.2% YoY. Overall, the quarter reflects resilient operational performance with cautious optimism on growth.