INDUSTOWER quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Indus Towers Ltd reported sales of ₹8,516 Cr, operating profit of ₹4,590 Cr (OPM 54%) and net profit of ₹1,793 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
INDUSTOWER quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
7,547
7,727
8,058
8,188
8,146
8,101
8,431
8,516
Expenses
589
3,332
3,668
3,616
3,678
3,677
3,953
3,925
Operating Profit
6,958
4,395
4,390
4,572
4,468
4,424
4,478
4,590
OPM
92%
57%
54%
56%
55%
55%
53%
54%
Other Income
84
92
85
83
154
155
121
106
Interest
255
431
437
376
404
376
358
342
Depreciation
1,568
1,693
1,704
1,801
1,798
1,838
1,894
1,944
Profit before tax
5,219
2,363
2,334
2,478
2,420
2,365
2,347
2,411
Tax
23%
25%
26%
26%
27%
24%
26%
26%
Net Profit
4,003
1,779
1,737
1,839
1,776
1,793
1,746
1,793
EPS in Rs
15.17
6.74
6.58
6.97
6.73
6.8
6.62
6.8
INDUSTOWER profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
27,717
28,382
28,601
30,123
32,493
33,194
Expenses
12,816
18,713
14,044
9,473
14,680
15,234
Operating Profit
14,901
9,669
14,557
20,650
17,813
17,960
OPM
54%
34%
51%
69%
55%
54%
Other Income
458
85
1,490
764
818
536
Interest
1,603
1,670
1,864
1,858
1,893
1,479
Depreciation
5,325
5,324
6,060
6,402
7,141
7,473
Profit before tax
8,431
2,759
8,122
13,154
9,598
9,544
Tax
24%
26%
26%
24%
26%
-
Net Profit
6,373
2,040
6,036
9,932
7,145
7,107
EPS in Rs
23.65
7.57
22.4
37.65
27.08
26.95
Dividend Payout
47%
0%
0%
0%
52%
-
INDUSTOWER balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
2,695
2,638
2,638
2,638
2,638
Reserves
24,344
29,860
33,462
37,008
36,825
Borrowings
20,531
21,156
20,948
21,127
22,059
Other Liabilities
8,298
9,514
10,143
10,543
11,224
Total Liabilities
55,868
63,168
67,191
71,315
72,746
Fixed Assets
39,300
44,380
46,910
49,514
51,222
CWIP
422
567
623
630
854
Investments
3
1,486
2,929
4,316
4,423
Other Assets
16,143
16,735
16,729
16,855
16,246
Total Assets
55,868
63,168
67,191
71,315
72,746
INDUSTOWER cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
9,121
7,905
11,582
19,645
15,684
Cash from Investing Activity
-2,174
-1,730
-7,546
-10,910
-10,198
Cash from Financing Activity
-5,982
-7,133
-3,995
-8,648
-5,588
Net Cash Flow
966
-958
41
87
-102
Free Cash Flow
6,252
4,737
3,136
13,388
7,786
CFO/OP
74%
105%
92%
104%
99%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit