Indus Towers' First-Ever TV Interview | Entering Uganda, Nigeria & Zambia: MD & CEO Prachur Shah
CNBC-TV18 · 04 Nov 2026 · 7 min
Management interview of Indus Towers Ltd (INDUSTOWER), with 4 key numbers discussed.
- Prachur Sah, MD & CEO, Indus Towers
Indus Towers plans to double its solar-powered sites from 50,000 to 1,00,000 by early or mid FY29. Management notes that solar capex yields rental returns that lift service revenue margins, with diesel consumption declining 11% in H1FY27. Tower demand and the order book remain robust, supported by roll-outs from a second customer and steady data consumption, though overall top-line growth is expected to stay at 5-6%. The company has also obtained licenses and initiated tower deployments in Uganda and Zambia, with material African financials expected in upcoming quarters.