Indus Towers Q4 net profit stays flat at ₹1,793 crore; recommends ₹14 dividend

Telecom infrastructure firm Indus Towers Ltd on Thursday (April 30) reported a largely flat net profit for the fourth quarter, with earnings at ₹1,793 crore compared with ₹1,779 crore in the year-ago period. Revenue rose 5% year-on-year to ₹8,101 crore in the quarter, compared with ₹7,727 crore in the same period last year.

EBITDA rose 1.6% to ₹4,464 crore in the March quarter from ₹4,395 crore in the corresponding period last year. EBITDA margin stood at 55.1% for the quarter, compared with 56.9% in the year-ago period.

The company reported a total tower base of 264,514 as of the fourth quarter ended March 31, 2026, with a closing share factor of 1.62.

For the full year ended March 31, 2026, the company posted consolidated revenue of ₹32,493 crore, up 7.9% year-on-year. Consolidated EBITDA stood at ₹17,976 crore, down 13.8% year-on-year, while consolidated profit after tax declined 28.1% to ₹7,145 crore.

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Return on equity (pre-tax) fell to 26.6% from 44.2% year-on-year, while return on equity (post-tax) declined to 19.8% from 33.4%. Return on capital employed also eased to 20.2% from 29.1% in the same period last year.

The company noted that Q4 FY25 included a write-back of ₹226 crore in provision for doubtful receivables, supported by collections against past overdue amounts.

Indus Towers said its board has recommended a final dividend of ₹14 per equity share of face value ₹10 each for the financial year ended March 31, 2026. The dividend proposal is subject to shareholder approval at the upcoming annual general meeting and, if approved, will be paid within 30 days from the date of approval.

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Prachur Sah, Managing Director and CEO, Indus Towers Ltd, said, “FY26 was a year of strong and well-rounded performance for Indus Towers, driven by healthy colocation additions and continued network expansion by our customers. Improvement in the operating environment, supported by government measures, has strengthened sector stability and our business outlook.

We have advanced our growth agenda, including a foray into Africa, while maintaining a disciplined approach to capital allocation and long-term value creation. Reflecting improved business visibility and a strong financial position, the Board has recommended a final dividend of ₹14 per share.”

Shares of Indus Towers Ltd ended at ₹409.75, down by ₹3.90, or 0.94%, on the BSE.

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