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Indus Towers reported a sharp 55.6% fall in net profit to INR 1,776 crore for the December quarter, even as revenue rose nearly 8% year-on-year to INR 8,146 crore. EBITDA declined 35.6% to INR 4,509 crore, reflecting a 55.3% margin. The company highlighted its continued digital and AI-driven operational improvements, which have strengthened asset control and execution speed. Supportive government measures on AGR dues of a major telecom client, Vodafone Idea, are expected to enhance financial stability and create positive prospects for Indus Towers.
Indus Towers recorded a significant 55.6% decline in net profit, which fell to INR 1,776 crore for the December quarter. The company's consolidated revenue grew 7.9% year-on-year to INR 8,146 crore, while consolidated EBITDA dropped 35.6% to INR 4,509 crore, with a margin of 55.3%. Advertisement
Prachur Sah, Managing Director and CEO, indicated that the company's performance remained supported by a rise in colocations and steady improvements in profitability. He added that ongoing integration of digital technologies, automation, and AI-driven capabilities across operations has improved asset visibility, strengthened operational control, and accelerated execution.
Indus Towers emphasized that recent government measures regarding AGR dues of a major telecom customer are likely to support financial stability and improve business prospects. Without naming the client, the company said its focus remains on operational excellence, prudent investment, and capturing a larger share of its customers network rollouts.
The telecom operator in question, Vodafone Idea, recently received a key relief when the government froze its AGR liability at INR 87,695 crore, with a five-year moratorium on payments, following a Supreme Court order. Aditya Birla Group Chairman Kumar Mangalam Birla described this judgment as a turning point, allowing Vodafone Idea to shift focus from survival to sustainable growth.
Indus Towers, which provides passive telecom infrastructure, manages and owns telecom towers and communication structures across India. Its portfolio now includes 259,622 towers across all 22 telecom circles. In addition, the company has been progressing plans for expansion into Africa, with emphasis on faster project execution.
Source PTI
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