Q1-FY24 · Prachur Sah
We have recorded our highest ever tower addition in a quarter.
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Indus Towers · tone and specificity signals across the available quarters.
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Q1-FY24 · Prachur Sah
Our market share has increased substantially, and we intend to keep it that way with operational performance.
Q1-FY24 · Vinod Rao
It is difficult for us to predict the free cash flow for the whole year, given the number of moving parts.
Q1-FY25 · Prachur Sah
We are happy to see the robust performance we delivered in the previous financial year, continuing the first quarter of this year as well.
Q1-FY25 · Vikas Poddar
Our reported EBITDA increased by 29.4% year-on-year and by 10.8% quarter-on-quarter to INR 45.5 billion.
Q1-FY25 · Prachur Sah
We remain confident of collection of our past dues and participating in the network expansion of the said customer.
Q1-FY26 · Prachur Sah
The board on recommendation of the committee has decided to conserve cash in the short term. This decision has been made after due consideration of a variety of contextual factors, which include the evolving industry landscape, stability of our customers, along with the elevated CapEx for the company, and inorganic growth opportunities.
Q1-FY26 · Vikas Poddar
Adjusted for the write-backs and common control accounting impact of the acquisition, our EBITDA grew 13.6% year-on-year and 0.6% quarter-on-quarter.
Q1-FY26 · Prachur Sah
We have a strong order book. As I said, the tower rollout will remain robust for the next few, at least we have visibility to the next four to six quarters, it will remain robust.
Q2-FY24 · Prachur Sah
Driven by robust demand from one of our major customers, particularly in rural areas, our tower additions during Q2 were the highest ever.
Q2-FY24 · Vikas Poddar
Our reported EBITDA increased by 22.9% year-on-year and declined by 1.6% quarter-on-quarter to INR 34.6 billion.
Q2-FY24 · Vikas Poddar
We are in a very active engagement. As Prachur was saying, you know, we have received the payment subsequently, and those delays have been cleared now.
Q2-FY25 · Prachur Sah
We sustained 100% collection against monthly billing from a major customer, while our collections against past overdues improved further during the quarter.
Q2-FY25 · Prachur Sah
Our diesel consumption reduced further by 2% in Q2 on a year-on-year basis.
Q2-FY25 · Vikas Poddar
The reported EBITDA increased by 42% year-on-year and 8% quarter-on-quarter to INR 49.1 billion.
Q2-FY26 · Prachur Sah
We added 4,301 macro towers and 4,505 corresponding colocations during the quarter, translating into a year-on-year growth of 11.5% and 9.6%, respectively.
Q2-FY26 · Vikas Poddar
Adjusted for the write-backs, EBITDA was up 14.9% year-on-year and 2.4% quarter on quarter.
Q2-FY26 · Prachur Sah
We intend to replicate Indus Towers' proven operating model by building high-quality, cost-efficient infrastructure tailored to local conditions while ensuring best-in-class service reliability for our customers.
Q3-FY24 · Prachur Sah
We are proud to have delivered the highest ever tower additions in our history.
Q3-FY24 · Prachur Sah
Our quarterly macro and co-location additions increased more than 5 times over the same period last year.
Q3-FY24 · Vikas Poddar
We have collected and recognized INR 3 billion against the past overdue, in addition to the 100% monthly collection.
Q3-FY25 · Prachur Sah
We are in a pole position to be able to monetize those towers, which are currently single tenant.
Q3-FY25 · Prachur Sah
The patience has paid off, and I think we are at a point where we are getting our deals collected, and we are also participating in network expansion.
Q3-FY25 · Vikas Poddar
With the uncertainty reducing, I think clearly there will be more appetite [for leverage].
Q3-FY26 · Prachur Sah
Our customer-centric approach, including the ability to deliver at scale with speed and precision, is helping us garner a larger share of our customers' incremental rollouts, as well as transition of their current sites.
Q3-FY26 · Vikas Poddar
I think, when you talk about optimization, I guess you're basically implying leverage in the books, right? So currently, we are under-delivered, and there's a lot of headroom there. Given the right growth opportunity, we will certainly be open to leverage.
Q3-FY26 · Prachur Sah
I think the first priority is what is our right to win. I think the first thing is based on our learnings, extensive learnings in India, what kind of cost structure that we can do in terms of CapEx per tower, how we can operate the towers more efficiently when it comes to energy and O&M.
Q4-FY24 · Prachur Sah
We are pleased to have delivered a stellar year, with our yearly tower additions being one of the highest, in fact, the highest ever in our history.
Q4-FY24 · Prachur Sah
We are pleased to see the recent positive developments at the customer's end around its fundraise, and we remain engaged with the customer for clearance of our past dues.
Q4-FY24 · Vikas Poddar
We do expect the momentum to continue for a few more months and quarters. So, from that perspective, I think, there will be, sort of, a high CapEx phase for some more time.
Q4-FY25 · Prachur Sah
We're proud to have delivered another stellar year with our current tenancy additions being one of the highest in our history after having a record-breaking performance in FY 2024.
Q4-FY25 · Prachur Sah
I remain committed to rewarding the shareholders and implementing our strategy. Considering this, the board has formed a committee to comprehensively assess various viable options.
Q4-FY25 · Prachur Sah
Our inherent strengths, including superior execution capabilities, have helped us maintain a major share in our customers' portfolios.
Q4-FY26 · Prachur Sah
The board evaluated the FCF situation and the debt levels that we want to maintain and decided accordingly to distribute the FCF of FY 2026.
Q4-FY26 · Prachur Sah
Our strategy in Africa remains, it's a long-term strategy and remains to create differentiation through better cost per tower, delivering better SLA uptime, and higher energy efficiency.
Q4-FY26 · Vikas Poddar
I think the stability is a good thing. Going forward, as the second customer comes on board, we might actually see some improvement also.