Indus Towers Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	324,931	301,228	286,006	283,818	277,172
Revenue Growth (YoY)	7.87%	5.32%	0.77%	2.40%	98.63%
Cost of Revenue	143,502	137,312	133,313	127,155	123,847
Gross Profit	181,429	163,916	152,693	156,663	153,325
Other Operating Expenses	1,673	-44,531	5,754	58,993	5,069
Operating Expenses	73,081	16,613	63,451	109,657	56,554
Operating Income	108,348	147,303	89,242	47,006	96,771
Interest Expense	-18,930	-18,287	-18,120	-16,341	-14,383
Interest & Investment Income	3,414	3,481	11,231	2,158	948
Other Non Operating Income (Expenses)	3,146	-1,468	-1,073	-391	-6
EBT Excluding Unusual Items	95,978	131,029	81,280	32,432	83,330
Gain (Loss) on Sale of Investments	-	698	53	50	193
Gain (Loss) on Sale of Assets	-	2,687	2,793	2,614	2,551
Asset Writedown	-	-2,877	-2,902	-7,503	-1,767
Pretax Income	95,978	131,537	81,224	27,593	84,307
Income Tax Expense	24,529	32,220	20,862	7,193	20,576
Net Income	71,449	99,317	60,362	20,400	63,731
Net Income to Common	71,449	99,317	60,362	20,400	63,731
Net Income Growth	-28.06%	64.54%	195.89%	-67.99%	68.64%
Shares Outstanding (Basic)	2,637	2,662	2,694	2,694	2,694
Shares Outstanding (Diluted)	2,637	2,662	2,694	2,695	2,695
Shares Change (YoY)	-0.91%	-1.21%	-0.01%	-0.01%	24.90%
EPS (Basic)	27.09	37.31	22.40	7.57	23.65
EPS (Diluted)	27.09	37.31	22.40	7.57	23.65
EPS Growth	-27.39%	66.56%	195.91%	-67.99%	35.03%
Free Cash Flow	70,583	128,610	26,292	42,822	58,361
Free Cash Flow Per Share	26.76	48.32	9.76	15.89	21.66
Dividend Per Share	14.000	-	-	-	11.000
Dividend Growth	-	-	-	-	-45.33%
Gross Margin	55.84%	54.42%	53.39%	55.20%	55.32%
Operating Margin	33.34%	48.90%	31.20%	16.56%	34.91%
Profit Margin	21.99%	32.97%	21.11%	7.19%	22.99%
Free Cash Flow Margin	21.72%	42.70%	9.19%	15.09%	21.06%
EBITDA	152,623	183,416	124,370	77,557	129,153
EBITDA Margin	46.97%	60.89%	43.48%	27.33%	46.60%
D&A For EBITDA	44,275	36,113	35,128	30,551	32,382
EBIT	108,348	147,303	89,242	47,006	96,771
EBIT Margin	33.34%	48.90%	31.20%	16.56%	34.91%
Effective Tax Rate	25.56%	24.50%	25.69%	26.07%	24.41%
Revenue as Reported	329,701	304,686	289,617	287,431	280,697

Source: S&P Global Market Intelligence. Standard template. Financial Sources.