| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 8,516 | 8,188 | +4.0% |
| EBITDA | 4,703 | 4,659 | +1.0% |
| EBITDA margin | 55.2% | 56.9% | −1.7 pts |
| Profit before tax | 2,411 | 2,478 | −2.7% |
| Net profit | 1,793 | 1,839 | −2.5% |
| EPS | ₹6.80 | ₹6.97 | −2.4% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q4 FY25Mar 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Earlier quartersAlpha Plus |
|---|
| 8,516 | 8,431 | 8,101 | 8,146 | 8,188 | 8,058 | 7,727 | 7,547 | 7,465 | 7,383 | 7,193 | 7,199 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 106 | 121 | 155 | 154 | 82.9 | 85.1 | 91.7 | 83.8 | 114 | 56.4 | 109 | 98.9 | ||
| 8,622 | 8,552 | 8,256 | 8,300 | 8,271 | 8,143 | 7,819 | 7,631 | 7,579 | 7,439 | 7,302 | 7,298 | ||
Expenses | |||||||||||||
| 2.2 | 2.6 | 4.6 | 2.6 | 0.7 | 1.4 | 3.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 231 | 215 | 231 | 229 | 205 | 213 | 220 | 217 | 207 | 197 | 203 | 199 | ||
| 455 | 486 | 469 | 487 | 462 | 397 | 360 | 255 | 418 | 408 | 127 | 10.7 | ||
| 1,944 | 1,894 | 1,838 | 1,798 | 1,801 | 1,704 | 1,693 | 1,569 | 1,580 | 1,561 | 1,565 | 1,596 | ||
| 3,579 | 3,608 | 3,349 | 3,363 | 3,324 | 3,493 | 3,179 | 373 | 2,394 | 2,682 | 2,919 | 3,417 | ||
| 6,211 | 6,205 | 5,891 | 5,880 | 5,793 | 5,809 | 5,456 | 2,412 | 4,599 | 4,848 | 4,813 | 5,221 | ||
| 4,703 | 4,605 | 4,517 | 4,551 | 4,659 | 4,350 | 4,324 | 6,958 | 4,864 | 4,504 | 4,072 | 3,584 | ||
| 2,760 | 2,712 | 2,679 | 2,754 | 2,858 | 2,645 | 2,631 | 5,390 | 3,284 | 2,944 | 2,507 | 1,988 | ||
Profit | |||||||||||||
| 2,411 | 2,347 | 2,365 | 2,420 | 2,478 | 2,334 | 2,363 | 5,219 | 2,980 | 2,592 | 2,489 | 2,077 | ||
| 2,411 | 2,347 | 2,365 | 2,420 | 2,478 | 2,334 | 2,363 | 5,219 | 2,980 | 2,592 | 2,489 | 2,077 | ||
| 464 | 558 | 458 | 571 | 520 | 543 | 440 | 457 | 400 | 443 | 572 | 451 | ||
| 154 | 43.9 | 115 | 73.1 | 120 | 54.3 | 144 | 759 | 357 | 223 | 63.5 | 85.2 | ||
| 618 | 602 | 572 | 644 | 639 | 597 | 584 | 1,216 | 757 | 666 | 636 | 536 | ||
| 1,793 | 1,746 | 1,793 | 1,776 | 1,839 | 1,737 | 1,779 | 4,003 | 2,224 | 1,926 | 1,853 | 1,541 | ||
| 1,793 | 1,746 | 1,793 | 1,776 | 1,839 | 1,737 | 1,779 | 4,003 | 2,224 | 1,926 | 1,853 | 1,541 | ||
| −2.6 | 0.4 | 2.3 | 0.0 | −2.7 | 0.0 | −1.8 | 0.0 | −1.2 | 0.0 | 0.7 | 0.0 | ||
| 1,790 | 1,746 | 1,795 | 1,776 | 1,837 | 1,737 | 1,777 | 4,003 | 2,222 | 1,926 | 1,854 | 1,541 | ||
| 1,793 | 1,746 | 1,793 | 1,776 | 1,839 | 1,737 | 1,779 | 4,003 | 2,224 | — | — | 1,541 | ||
Per share | |||||||||||||
| ₹6.80 | ₹6.62 | ₹6.80 | ₹6.73 | ₹6.97 | ₹6.59 | ₹6.75 | ₹15.18 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ||
| ₹6.80 | ₹6.62 | ₹6.80 | ₹6.73 | ₹6.97 | ₹6.59 | ₹6.75 | ₹15.18 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ||
Other comprehensive income — detail | |||||||||||||
| −2.6 | 0.4 | 2.3 | 0.0 | −2.7 | 0.0 | −1.8 | — | — | — | — | — | ||
| −2.3 | — | 2.7 | 0.0 | −3.6 | — | −2.4 | 0.0 | −1.6 | — | 0.9 | 0.0 | ||
| −0.6 | 0.0 | 0.7 | 0.0 | −0.9 | 0.0 | −0.6 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | 0.0 | −0.4 | — | 0.2 | 0.0 | ||
| −0.9 | 0.4 | 0.3 | — | — | — | — | — | — | — | — | — | ||
| 1,790 | 1,746 | 1,795 | 1,776 | 1,837 | — | 1,777 | 4,003 | 2,222 | 1,926 | 1,854 | 1,541 | ||
Per share — as-filed variants | |||||||||||||
| ₹6.80 | ₹6.62 | ₹6.80 | ₹6.73 | ₹6.97 | ₹6.59 | ₹6.75 | ₹15.18 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ||
| ₹6.80 | ₹6.62 | ₹6.80 | ₹6.73 | ₹6.97 | ₹6.59 | ₹6.75 | ₹15.18 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ||
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||||||||||
| 8,513 | 8,429 | 8,096 | 8,144 | 8,188 | 8,056 | 7,723 | — | — | — | — | — | ||
| 100.0% | 100.0% | 99.9% | 100.0% | 100.0% | 100.0% | 100.0% | — | — | — | — | — | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 2,411 | 2,347 | 2,365 | 2,420 | 2,478 | 2,334 | 2,363 | 5,219 | 2,980 | 2,592 | 2,489 | 2,077 | ||
| 1,793 | 1,746 | 1,793 | 1,776 | 1,839 | 1,737 | 1,779 | 4,003 | 2,224 | 1,926 | 1,853 | 1,541 | ||
| ₹6.80 | ₹6.62 | ₹6.80 | ₹6.73 | ₹6.97 | ₹6.59 | ₹6.75 | ₹15.18 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q4 FY25 31/03/2025 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 7,199.0 | 7,193.2 | 7,383.0 | 7,465.3 | 7,547.4 | 7,727.1 | 8,057.6 | 8,188.2 | 8,146.3 | 8,101.0 | 8,431.1 | 8,515.6 | |
| Other Income | 98.9 | 108.5 | 56.4 | 113.9 | 83.8 | 91.7 | 85.1 | 82.9 | 153.8 | 155.2 | 121.2 | 106.2 | |
| Total Income | 7,297.9 | 7,301.7 | 7,439.4 | 7,579.2 | 7,631.2 | 7,818.8 | 8,142.7 | 8,271.1 | 8,300.1 | 8,256.2 | 8,552.3 | 8,621.8 | |
| Expenses | |||||||||||||
| + Cost of Materials Consumed | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 3.8 | 1.4 | 0.7 | 2.6 | 4.6 | 2.6 | 2.2 | |
| + Employee Benefit Expense | 198.5 | 203.1 | 197.1 | 207.3 | 216.7 | 220.3 | 213.3 | 205.1 | 229.1 | 230.7 | 215.1 | 231.4 | |
| + Finance Costs | 10.7 | 126.7 | 408.2 | 417.5 | 254.6 | 359.7 | 396.5 | 462.4 | 487.0 | 468.9 | 485.5 | 454.6 | |
| + Depreciation & Amortisation | 1,595.7 | 1,564.5 | 1,560.5 | 1,580.1 | 1,568.5 | 1,693.0 | 1,704.3 | 1,800.8 | 1,797.9 | 1,837.8 | 1,893.6 | 1,943.8 | |
| + Other Expenses | 3,416.5 | 2,918.5 | 2,681.8 | 2,394.2 | 372.6 | 3,179.0 | 3,493.4 | 3,323.7 | 3,363.2 | 3,348.9 | 3,608.1 | 3,578.6 | |
| Total Expenses | 5,221.4 | 4,812.8 | 4,847.6 | 4,599.1 | 2,412.4 | 5,455.8 | 5,808.9 | 5,792.7 | 5,879.8 | 5,890.9 | 6,204.9 | 6,210.6 | |
| EBITDA | 3,584.0 | 4,071.6 | 4,504.1 | 4,863.8 | 6,958.1 | 4,324.0 | 4,349.5 | 4,658.7 | 4,551.4 | 4,516.8 | 4,605.3 | 4,703.4 | |
| EBIT | 1,988.3 | 2,507.1 | 2,943.6 | 3,283.7 | 5,389.6 | 2,631.0 | 2,645.2 | 2,857.9 | 2,753.5 | 2,679.0 | 2,711.7 | 2,759.6 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 2,076.5 | 2,488.9 | 2,591.8 | 2,980.1 | 5,218.8 | 2,363.0 | 2,333.8 | 2,478.4 | 2,420.3 | 2,365.3 | 2,347.4 | 2,411.2 | |
| Pretax Income | 2,076.5 | 2,488.9 | 2,591.8 | 2,980.1 | 5,218.8 | 2,363.0 | 2,333.8 | 2,478.4 | 2,420.3 | 2,365.3 | 2,347.4 | 2,411.2 | |
| + Current Tax | 450.8 | 572.3 | 443.4 | 399.8 | 457.1 | 440.2 | 542.7 | 519.5 | 571.3 | 457.8 | 557.7 | 464.4 | |
| + Deferred Tax | 85.2 | 63.5 | 222.5 | 356.8 | 758.5 | 143.7 | 54.3 | 119.6 | 73.1 | 114.6 | 43.9 | 154.0 | |
| Tax Expense | 536.0 | 635.8 | 665.9 | 756.6 | 1,215.6 | 583.9 | 597.0 | 639.1 | 644.4 | 572.4 | 601.6 | 618.4 | |
| Net Income | 1,540.5 | 1,853.1 | 1,925.9 | 2,223.5 | 4,003.2 | 1,779.1 | 1,736.8 | 1,839.3 | 1,775.9 | 1,792.9 | 1,745.8 | 1,792.8 | |
| + Net Income — Continuing Ops | 1,540.5 | 1,853.1 | 1,925.9 | 2,223.5 | 4,003.2 | 1,779.1 | 1,736.8 | 1,839.3 | 1,775.9 | 1,792.9 | 1,745.8 | 1,792.8 | |
| + Other Comprehensive Income | 0.0 | 0.7 | 0.0 | -1.2 | 0.0 | -1.8 | 0.0 | -2.7 | 0.0 | 2.3 | 0.4 | -2.6 | |
| Total Comprehensive Income | 1,540.5 | 1,853.8 | 1,925.9 | 2,222.3 | 4,003.2 | 1,777.3 | 1,736.8 | 1,836.6 | 1,775.9 | 1,795.2 | 1,746.2 | 1,790.2 | |
| Net Income to Common | 1,540.5 | — | — | 2,223.5 | 4,003.2 | 1,779.1 | 1,736.8 | 1,839.3 | 1,775.9 | 1,792.9 | 1,745.8 | 1,792.8 | |
| Per Share | |||||||||||||
| Basic EPS | 5.72 | 6.88 | 7.15 | 8.30 | 15.18 | 6.75 | 6.59 | 6.97 | 6.73 | 6.80 | 6.62 | 6.80 | |
| Diluted EPS | 5.72 | 6.88 | 7.15 | 8.30 | 15.18 | 6.75 | 6.59 | 6.97 | 6.73 | 6.80 | 6.62 | 6.80 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | -1.8 | 0.0 | -2.7 | 0.0 | 2.3 | 0.4 | -2.6 | |
| + Items NOT to be Reclassified to P&L | 0.0 | 0.9 | — | -1.6 | 0.0 | -2.4 | — | -3.6 | 0.0 | 2.7 | — | -2.3 | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | -0.6 | 0.0 | -0.9 | 0.0 | 0.7 | 0.0 | -0.6 | |
| + Tax on Items NOT to be Reclassified — alt tag | 0.0 | 0.2 | — | -0.4 | 0.0 | — | — | — | — | — | — | — | |
| + Items to be Reclassified to P&L | — | — | — | — | — | — | — | — | — | 0.3 | 0.4 | -0.9 | |
| Comprehensive Income — Owners of Parent | 1,540.5 | 1,853.8 | 1,925.9 | 2,222.3 | 4,003.2 | 1,777.3 | — | 1,836.6 | 1,775.9 | 1,795.2 | 1,746.2 | 1,790.2 | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 5.72 | 6.88 | 7.15 | 8.30 | 15.18 | 6.75 | 6.59 | 6.97 | 6.73 | 6.80 | 6.62 | 6.80 | |
| Diluted EPS — Continuing Operations | 5.72 | 6.88 | 7.15 | 8.30 | 15.18 | 6.75 | 6.59 | 6.97 | 6.73 | 6.80 | 6.62 | 6.80 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||||||||
| Gross Profit | — | — | — | — | — | 7,723.3 | 8,056.2 | 8,187.5 | 8,143.7 | 8,096.4 | 8,428.5 | 8,513.4 | |
| Gross Margin % | — | — | — | — | — | 99.95 | 99.98 | 99.99 | 99.97 | 99.94 | 99.97 | 99.97 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 2,076.5 | 2,488.9 | 2,591.8 | 2,980.1 | 5,218.8 | 2,363.0 | 2,333.8 | 2,478.4 | 2,420.3 | 2,365.3 | 2,347.4 | 2,411.2 | |
| Net Income Adj (tax-effected) | 1,540.5 | 1,853.1 | 1,925.9 | 2,223.5 | 4,003.2 | 1,779.1 | 1,736.8 | 1,839.3 | 1,775.9 | 1,792.9 | 1,745.8 | 1,792.8 | |
| EPS Adj | 5.72 | 6.88 | 7.15 | 8.30 | 15.18 | 6.75 | 6.59 | 6.97 | 6.73 | 6.80 | 6.62 | 6.80 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | |
| Filed Debt Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.03 | |
| Filed Dscr | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 3.91 | 2.89 | 4.01 | 2.93 | 3.75 | 4.09 | 3.83 | |
| Filed Iscr | 9.00 | 10.00 | — | — | — | 10.49 | 10.53 | 11.18 | 10.63 | 11.09 | 10.71 | 11.03 | |
| Paid Up Equity Capital | 2,694.9 | 2,694.9 | 2,694.9 | 2,638.1 | 2,638.1 | 2,638.1 | 2,638.1 | 2,638.1 | 2,638.1 | 2,638.1 | 2,638.1 | 2,638.1 | |
Filed with NSE on Tuesday, 27 October 2026 at 6:32 pm IST
Indus Towers (NSE: INDUSTOWER) reported its Q2 FY27 results (July–September 2026) on Tuesday, 27 October 2026 at 6:32 pm IST. Consolidated net profit was ₹1,793 crore, down 2.5% from ₹1,839 crore in Q2 FY26 and up 2.7% from ₹1,746 crore in Q1 FY27. Revenue from operations was ₹8,516 crore, up 4.0% year on year and up 1.0% from the previous quarter.
Consolidated net profit was ₹1,793 crore, down 2.5% from ₹1,839 crore in Q2 FY26 and up 2.7% from ₹1,746 crore in Q1 FY27.
Revenue from operations was ₹8,516 crore, up 4.0% year on year and up 1.0% from the previous quarter.
Basic earnings per share were ₹6.80, against ₹6.97 in Q2 FY26.
Revenue grew from a year earlier while net profit fell: revenue was up 4.0% at ₹8,516 crore, and net profit was down 2.5% at ₹1,793 crore. The operating margin was 32.4%, down 2.5 percentage points from 34.9% a year earlier. Against Q1 FY27, net profit was up 2.7% and revenue up 1.0%.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹2,760 crore, a margin of 32.4%, against 32.2% in Q1 FY27 and 34.9% in Q2 FY26. EBITDA was ₹4,703 crore, 55.2% of revenue.
Consolidated net profit for the first half of FY27 (April–September 2026) was ₹3,539 crore, down 1.0% from ₹3,576 crore in the same months a year earlier. Revenue from operations was ₹16,947 crore, up 4.3%.
Indus Towers' net profit margin was 21.1% in Q2 FY27 (net profit as a share of revenue from operations), against 22.5% in Q2 FY26 (down 1.4 percentage points). For FY26 as a whole it was 22.0%.
Consolidated net profit was ₹7,145 crore in FY26 (April 2025–March 2026), down 28.1% from ₹9,932 crore in FY25. It was ₹6,036 crore in FY24 and ₹2,040 crore in FY23: up 250.2% over three years, 51.9% a year on average.
Revenue from operations was ₹32,493 crore in FY26 (April 2025–March 2026), up 7.9% from ₹30,123 crore in FY25. It was ₹28,601 crore in FY24 and ₹28,382 crore in FY23: up 14.5% over three years, 4.6% a year on average.
Net profit by quarter: ₹1,776 crore in Q3 FY26, ₹1,793 crore in Q4 FY26, ₹1,746 crore in Q1 FY27 and ₹1,793 crore in Q2 FY27. That is ₹7,107 crore over the four quarters, down 24.1% from ₹9,358 crore in the four quarters before. Revenue from operations: ₹8,146 crore, ₹8,101 crore, ₹8,431 crore and ₹8,516 crore.
On Tuesday, 27 October 2026 at 6:32 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 27 October 2025.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
From Indus Towers' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 27 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.