{"id":9357,"date":"2026-10-28T16:18:49","date_gmt":"2026-10-28T10:48:49","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/industower-share-price-today-2026-10-28\/"},"modified":"2026-10-28T16:18:51","modified_gmt":"2026-10-28T10:48:51","slug":"industower-share-price-today-2026-10-28","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/industower-share-price-today-2026-10-28\/","title":{"rendered":"Indus Towers Share Price Today: Why INDUSTOWER Is Falling 2.80% | 28 October 2026"},"content":{"rendered":"<style id=\"wt-article-style-v4\">:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) { color:#30475c; font-size:16px; line-height:1.65; min-width:0; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::before, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::after { box-sizing:border-box; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-copy { font-size:16px !important; 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}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-button { display:inline-block; background:#10233f; color:#fff !important; padding:10px 17px; border-radius:7px; text-decoration:none !important; font-size:15px; font-weight:800; line-height:1.5; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-dark .wt-cta-button { background:#ffe36e; color:#10233f !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-faq h3 { color:#173b58 !important; font-size:17px !important; line-height:1.45; margin:18px 0 6px !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) > p:last-child { font-size:13px; line-height:1.55; color:#606b78; border-top:1px solid #e1e7ef; padding-top:13px; margin-top:16px; }\n@media (max-width:960px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(3,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:1.7fr 1fr 1.2fr 1.2fr; gap:10px; }\n}\n@media (max-width:650px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid { grid-template-columns:1fr; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-metrics { grid-template-columns:repeat(2,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-card { padding:14px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:repeat(2,minmax(0,1fr)); gap:10px 14px; padding:12px 0; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-person, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row > div:last-child { grid-column:1 \/ -1; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta { padding:17px 15px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-title { font-size:18px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div { padding:9px !important; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-title, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-body { font-size:15px; }\n}\n@media (max-width:420px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(2,minmax(0,1fr)); }\n}<\/p>\n<p>:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div {border:1px solid #dde6ee;border-radius:8px;background:#f9fbfd;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div > div:last-child {font-weight:800;color:#17324d;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) h2 {font-size:24px !important;line-height:1.35 !important;margin:28px 0 14px !important;color:#173b58;}\n<\/style>\n<div class=\"wt-article-v4\" data-witty-phase=\"live\" data-article-version=\"4\">\n<p class=\"wt-market-date\"><strong>NSE: INDUSTOWER<\/strong> \u00b7 28 October 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b9374.50<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>-2.80%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b9389.80 \/ \u20b9374.25<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b9385.30<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>72.69 lakh<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>28 October 2026 \u00b7 03:15 PM IST<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-takeaways\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Key Takeaways<\/div>\n<div class=\"wt-card-body\">\n<ul class=\"wt-list\">\n<li>Indus Towers Limited shares declined by 2.80% on October 28, 2026, closing at \u20b9374.50 after moving between a day&#x27;s low of \u20b9374.25 and a high of \u20b9389.80.<\/li>\n<li>Indus Towers announced its audited consolidated financial results for the second quarter ended September 30, 2026. Consolidated revenues rose by 4.00% year-on-year to \u20b98,516 crore, while EBITDA edged up 0.40% to \u20b94,633 crore. Profit after tax stood at \u20b91,793 crore, marking a 2.50% decline compared to the corresponding quarter of the previous year.<\/li>\n<li>Trading volume was 1.41 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Why is Indus Towers share price falling on 28 October 2026?<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">Indus Towers Limited shares declined by 2.80% on October 28, 2026, closing at \u20b9374.50 after moving between a day&#x27;s low of \u20b9374.25 and a high of \u20b9389.80.<\/p>\n<p class=\"wt-copy\">The broader market benchmark Nifty slipped 0.22% during the session, reflecting a mild downward drift across indices. Indus Towers underperformed the broader market as selling pressure intensified near the lower end of its intraday range.<\/p>\n<p class=\"wt-copy\">While the company recently reported its audited consolidated financial results for the second quarter ended September 30, 2026, showing a 4.00% year-on-year rise in consolidated revenues to \u20b98,516 crore and a 2.50% dip in net profit to \u20b91,793 crore, this earnings update serves as broader fundamental context rather than a direct, confirmed catalyst for today&#x27;s specific price movement.<\/p>\n<p class=\"wt-copy\">72.69 lakh shares traded by 28 October 2026 \u00b7 03:15 PM IST. This compares with a 20-day average daily volume of 51.60 lakh shares (1.41 times). The five-day average daily volume was 65.19 lakh shares. Separately, the NSE report for 27 October 2026 showed 23.62 lakh shares delivered, representing 51.00% of that day\u2019s traded volume. The same report recorded 72,889 trades.<\/p>\n<\/div>\n<div class=\"wt-likely-reason\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Likely Reason<\/div>\n<div class=\"wt-card-body\"><strong>profit-taking and sector-aligned drift following recent earnings announcements<\/strong><\/p>\n<p class=\"wt-copy\">The downward move appears consistent with routine profit-taking and broader negative sentiment following the recent release of quarterly earnings, backed by elevated cash volume and moderate delivery participation.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"wt-cta wt-cta-yellow\">\n<div class=\"wt-cta-title\">Research the Market \u2014 Not Just the Headline<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Latest Company Developments<\/h2>\n<div class=\"wt-grid wt-grid-news\">\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Q2 FY27 Financial Results Announcement<\/div>\n<div class=\"wt-card-date\">28 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Indus Towers announced its audited consolidated financial results for the second quarter ended September 30, 2026. Consolidated revenues rose by 4.00% year-on-year to \u20b98,516 crore, while EBITDA edged up 0.40% to \u20b94,633 crore. Profit after tax stood at \u20b91,793 crore, marking a 2.50% decline compared to the corresponding quarter of the previous year.<\/p>\n<p class=\"wt-copy\">Provides key fundamental metrics regarding top-line growth, profitability trends, and operational performance during the quarter.<\/p>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Quarterly Report and Operating Metrics<\/div>\n<div class=\"wt-card-date\">28 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">The company released its detailed quarterly report showing a total tower base of 270,480, representing a 5.60% year-on-year increase. Total co-locations expanded by 5.90% to reach 440,153 with a closing sharing factor of 1.63.<\/p>\n<p class=\"wt-copy\">Highlights underlying asset expansion and network densification progress across the telecom infrastructure portfolio.<\/p>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Independent ESG Rating Assignment<\/div>\n<div class=\"wt-card-date\">18 September 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Indus Towers informed exchanges that it was independently assigned an ESG Rating of 69.86 as a Leader by Niche Ninety Nine Capability and Certifications. The rating was voluntarily assigned based on public disclosures.<\/p>\n<p class=\"wt-copy\">Reflects independent evaluation of the company&#x27;s environmental, social, and governance practices without active corporate engagement.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_18092026181856_SEIntimationESGRating.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Press Release<\/div>\n<div class=\"wt-card-date\">28 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">a Press Release dated October 27, 2026, titled &quot;Press Release w.r.t. Audited Financial Results for the second quarter (Q2) and half year ended September 30, 2026&quot;<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27102026190204_SEPressRelease27102026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">General Updates<\/div>\n<div class=\"wt-card-date\">28 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Quarterly Report for the second Quarter (Q2) and half year ended September 30, 2026<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27102026184812_SEQuarterlyReport27102026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Ownership &amp; Transaction Activity<\/h2>\n<div class=\"wt-grid wt-grid-ownership\">\n<div class=\"wt-card\" data-card=\"ownership\" style=\"background:#fff8e8;border:1px solid #ecd39e;border-left:4px solid #cc922c;border-radius:10px\">\n<div class=\"wt-card-title\">Shareholding<\/div>\n<div class=\"wt-card-date\">As of 30 September 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-grid wt-grid-metrics\">\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Promoter holding<\/div>\n<div class=\"wt-value\">51.26%<\/div>\n<div class=\"wt-note\">51.26% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">FII\/FPI<\/div>\n<div class=\"wt-value\">21.72%<\/div>\n<div class=\"wt-note\">23.20% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Institutional holding<\/div>\n<div class=\"wt-value\">44.69%<\/div>\n<div class=\"wt-note\">44.65% on 30 June 2026<\/div>\n<\/div>\n<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1743312_21102026061216_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"insider\" style=\"background:#edf5ff;border:1px solid #c9dbef;border-left:4px solid #4b7fb8;border-radius:10px\">\n<div class=\"wt-card-title\">Historical Insider Activity<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-insider-row\">\n<div class=\"wt-insider-person\"><strong>INDUS TOWERS EMPLOYEES WELFARE TRUST<\/strong><span class=\"wt-note\">Other<\/span><\/div>\n<div><span class=\"wt-label\">Transaction<\/span><strong>Buy<\/strong><\/div>\n<div><span class=\"wt-label\">Quantity<\/span><strong>7.50 lakh shares<\/strong><\/div>\n<div><span class=\"wt-label\">Trade date<\/span><strong>10 September 2025<\/strong><\/div>\n<\/div>\n<div class=\"wt-insider-row\">\n<div class=\"wt-insider-person\"><strong>INDUS TOWERS EMPLOYEES WELFARE TRUST<\/strong><span class=\"wt-note\">Other<\/span><\/div>\n<div><span class=\"wt-label\">Transaction<\/span><strong>Buy<\/strong><\/div>\n<div><span class=\"wt-label\">Quantity<\/span><strong>7.15 lakh shares<\/strong><\/div>\n<div><span class=\"wt-label\">Trade date<\/span><strong>5 December 2024<\/strong><\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">Source: NSE transaction disclosures. These are dated historical transactions.<\/div>\n<\/div>\n<\/div>\n<h2>Mutual Fund Holdings<\/h2>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Mutual-fund ownership<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Mutual funds held 18.02% on 30 September 2026. This compares with 16.22% on 30 June 2026, a change of +1.80 percentage points.<\/p>\n<p class=\"wt-copy\">The filing reported 45 MF\/UTI holders.<\/p>\n<div class=\"wt-grid wt-grid-funds\">\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">SBI ARBITRAGE FUND<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">10.76 crore shares \u00b7 4.08%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">KOTAK DEBT HYBRID<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">7.99 crore shares \u00b7 3.03%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">QUANT MUTUAL FUND &#8211; QUANT ARBITRAGE FUND<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">5.07 crore shares \u00b7 1.92%<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">These are quarterly holdings, rather than purchases or sales on the article date.<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1743312_21102026061216_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<h2>What to Watch Next<\/h2>\n<ul class=\"wt-list\">\n<li>Execution of ongoing tower rollouts and co-location additions in subsequent quarters<\/li>\n<li>Trends in customer collections and management commentary on operating cash flow generation<\/li>\n<li>Delivery volume trends and stability around key support levels near the 52-week low<\/li>\n<\/ul>\n<h2>Other Dated Coverage<\/h2>\n<ul class=\"wt-list\">\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/industower-share-price-today-2026-10-06\/\">Why Indus Towers Shares Rose 2.34% Today: Market Context | 6 October 2026 \u2014 6 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/industower-share-price-today-2026-10-01\/\">Indus Towers Shares Rise 2.41% Today: Price &amp; Market Context | 1 October 2026 \u2014 1 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/industower-share-price-today-2026-09-29\/\">Indus Towers Share Price Rises 2.10%: Technical Rebound Analysis | 29 September 2026 \u2014 29 September 2026<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.wittytrades.com\/market-news\/tag\/industower\/\">More Indus Towers news and dated analysis \u2192<\/a><\/p>\n<aside class=\"wt-cta wt-cta-dark\">\n<div class=\"wt-cta-title\">Looking for Research-Backed Market Opportunities?<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Frequently Asked Questions<\/h2>\n<div class=\"wt-faq\">\n<h3>What is the latest Indus Towers company news?<\/h3>\n<p class=\"wt-copy\">Indus Towers announced its audited consolidated financial results for the second quarter ended September 30, 2026. Consolidated revenues rose by 4.00% year-on-year to \u20b98,516 crore, while EBITDA edged up 0.40% to \u20b94,633 crore. Profit after tax stood at \u20b91,793 crore, marking a 2.50% decline compared to the corresponding quarter of the previous year.<\/p>\n<h3>How strong was Indus Towers\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">72.69 lakh shares traded, 1.41 times the 20-day average daily volume. The price and volume data are dated 28 October 2026 \u00b7 03:15 PM IST.<\/p>\n<h3>Do the mutual-fund figures show buying today?<\/h3>\n<p class=\"wt-copy\">They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.<\/p>\n<\/div>\n<p><strong>Research &amp; analysis:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">WittyTrades Research Desk<\/a><br \/><strong>Reviewed by:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">Mohanish Sanghavi \u2014 SEBI Registered Research Analyst<\/a><\/p>\n<p>Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.<\/p>\n<\/div>\n<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@graph\": [{\"@type\": \"WebSite\", \"@id\": \"https:\/\/www.wittytrades.com\/#website\", \"url\": \"https:\/\/www.wittytrades.com\/\", \"name\": \"WittyTrades\", \"publisher\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"inLanguage\": \"en-IN\"}, {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.wittytrades.com\/#organization\", \"name\": \"WittyTrades\", \"alternateName\": \"Witty Networks\", \"url\": \"https:\/\/www.wittytrades.com\/\", \"telephone\": \"+91-22-48972020\", \"identifier\": [{\"@type\": \"PropertyValue\", \"propertyID\": \"SEBI Research Analyst Registration\", \"value\": \"INH000008172\"}, {\"@type\": \"PropertyValue\", \"propertyID\": \"BSE Research Analyst Code\", \"value\": \"5430\"}]}, {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.wittytrades.com\/#research-desk\", \"name\": \"WittyTrades Research Desk\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\", \"parentOrganization\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}}, {\"@type\": \"Person\", \"@id\": \"https:\/\/www.wittytrades.com\/About_Us.html#mohanish-sanghavi\", \"name\": \"Mohanish Sanghavi\", \"jobTitle\": \"SEBI Registered Research Analyst\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\", \"worksFor\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"identifier\": {\"@type\": \"PropertyValue\", \"propertyID\": \"SEBI Research Analyst Registration\", \"value\": \"INH000008172\"}}, {\"@type\": \"NewsArticle\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/industower-share-price-today-2026-10-28\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/industower-share-price-today-2026-10-28\/\"}, \"headline\": \"Indus Towers Share Price Today: Why INDUSTOWER Is Falling 2.80% | 28 October 2026\", \"description\": \"Indus Towers share price fell 2.80% to \u20b9374.50 today. See why INDUSTOWER is falling, volume context, company developments and what to watch next.\", \"datePublished\": \"2026-10-28T16:18:37.805366+05:30\", \"dateModified\": \"2026-10-28T16:18:37.805366+05:30\", \"author\": {\"@id\": \"https:\/\/www.wittytrades.com\/#research-desk\"}, \"reviewedBy\": {\"@id\": \"https:\/\/www.wittytrades.com\/About_Us.html#mohanish-sanghavi\"}, \"publisher\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"isPartOf\": {\"@id\": \"https:\/\/www.wittytrades.com\/#website\"}, \"about\": {\"@type\": \"Thing\", \"name\": \"Indus Towers\", \"identifier\": {\"@type\": \"PropertyValue\", \"propertyID\": \"NSE Symbol\", \"value\": \"INDUSTOWER\"}}, \"inLanguage\": \"en-IN\", \"isAccessibleForFree\": true, \"image\": [\"https:\/\/www.wittytrades.com\/market-news\/wp-content\/uploads\/2026\/10\/industower-company-news-2026-10-28.jpg\"]}]}<\/script><!-- wt-article-record:{\"news_events\":[{\"title\":\"Press Release\",\"summary\":\"a Press Release dated October 27, 2026, titled \\\"Press Release w.r.t. Audited Financial Results for the second quarter (Q2) and half year ended September 30, 2026\\\"\",\"source\":\"NSE\",\"published\":\"27-Oct-2026 19:02:14\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27102026190204_SEPressRelease27102026.pdf\",\"disclosure_text\":\"Indus Towers Limited Registered & Corporate Office: Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram - 122002, Haryana I Tel: +91-124-4296766 Fax: +91-124-4289333 CIN: L64201HR2006PLC073821 I Email: compliance.officer@industowers.com I www.industowers.com October 27, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 National Stock Exchange of India Limited Exchange Plaza, C-1, Block \u2013 G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051 Ref.: Indus Towers Limited (534816 \/ INDUSTOWER) Sub.: Press Release w.r.t. audited financial results for the second quarter (Q 2) and half year ended September 30, 2026 Dear Sir\/ Ma\u2019am, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Press Release being issued by the Company with regard to the Audited Financial Results of the Company for the Second quarter (Q2) and half year ended September 30, 2026. Kindly take the same on record. Thanking you, Yours faithfully, For Indus Towers Limited Samridhi Rodhe Company Secretary & Compliance Officer Encl.: As above Indus Towers Limited \u2013 Media Release October 27, 2026 Page 1 of 2 Indus Towers Limited Indus Towers announces Consolidated results for the second quarter ended September 30, 2026 Consolidated Revenues for the quarter at Rs. 8,516 Crores, up 4.0% Y-o-Y Consolidated EBITDA for the quarter at Rs. 4,633 Crores, up 0.4% Y-o-Y Consolidated Profit after Tax for the quarter at Rs. 1,793 Crores, down 2.5% Y-o-Y Strong co-location additions and cash generation drive robust performance Highlights for the second quarter ended September 30, 2026 \uf0b7 Total Tower base of 270,480, up by 5.6% Y-o-Y \uf0b7 Total Co-Location base of 440,153, up by 5.9% Y-o-Y \uf0b7 Consolidated Revenues at Rs. 8,516 Crores, up 4.0% Y-o-Y \uf0b7 Consolidated EBITDA at Rs. 4,633 Crores, up 0.4% Y-o-Y \uf0b7 Consolidated Profit after Tax at Rs. 1,793 Crores, down 2.5% Y-o-Y Gurugram, Haryana, India, October 27, 2026: Indus Towers Limited (\u201cIndus Towers\u201d or \u201cthe Company\u201d) today announced its audited consolidated results for the second quarter ended September 30, 2026. Consolidated revenue for the quarter was at Rs. 8,516 Crores, up 4.0% Y-o-Y. Consolidated EBITDA was at Rs. 4,633 Crores, up 0.4% Y-o-Y, representing an EBITDA margin of 54.4%. Net profit for the quarter was at Rs. 1,793 Crores, down 2.5% Y-o-Y. Return on Equity (Pre-Tax) declined to 25.3% as against 38.4% on Y-o-Y basis [Return on Equity (Post Tax) declined to 18.8% compared to 29.0% on Y- o-Y basis]. Return on Capital Employed declined to 19.1% as against 26.3% on Y-o-Y basis. Q2 FY26 had a write back of Rs. 195 Crores in provision for doubtful receivables, aided by collections against past overdue. Prachur Sah, Managing Director and CEO, Indus Towers Limited, said: \\\"We delivered a strong quarter, underpinned by sustained customer demand, healthy co-location additions and robust cash flow generation. The resulting improvement in tenancy ratio to 1.63 reflects our success in capturing a substantial share of customers' incremental rollouts and reinforces our position as their preferred infrastructure partner. Our focus on a low-cost shared infrastructure model, digital energy management and AI-led transformation is enhancing operational efficiency and customer experience. In Africa, initial rollouts are progressing as planned, with momentum expected to build through the second half of the year. Supported by a healthy order book and a compelling infrastructure value proposition, we remain confident of delivering sustainable growth and long-term shareholder value.\u201d Indus Towers Limited \u2013 Media Release October 27, 2026 Page 2 of 2 Summary of the Consolidated Statement (Indus Towers India) of Income as per IND AS Financial and operating performance is presented for Indus Towers excluding overseas subsidiaries 1. Revenue, EBITDA, EBIT, Operating free cash flow and Adjusted Fund from Operations (AFFO) are excluding other income. 2. Operating Free Cash Flow is a non-IND AS measure and is defined as EBITDA adjusted for capex and repayment of lease liabilities. 3. Adjusted Fund from Operations is a non IND AS measure and is defined as EBITDA adjusted for Maintenance capex and repayment of lease liabilities. About Indus Towers Limited Indus Towers Limited is India\u2019s leading provider of passive telecom infrastructure and it deploys, owns and manages telecom towers and communication structures, for various mobile operators. The Company\u2019s portfolio of 270,480 telecom towers makes it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles. Indus Towers caters to all wireless telecommunication service providers in India. The Company has been the industry pioneer in adopting green energy initiatives for its operations. For further details visit www.industowers.com Disclaimer: [This communication does not constitute an offer of securities for sale in the United States. Securities may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be made in the United States will be made by means of a prospectus and will contain detailed information about the Company and its management, as well as financial statements]. (Amount in Rs. Crores, except ratios) Sep-26 Sep-25 Y-on-Y Growth Revenue1 8,515 8,188 4.0% EBITDA1 4,638 4,613 0.6% EBIT1 2,652 2,771 -4.3% Profit\/(Loss) before Tax 2,418 2,478 -2.4% Profit\/(Loss) after Tax 1,798 1,839 -2.2% Operating Free Cash Flow1&2 1,107 1,039 6.5% Adjusted Fund From Operations(AFFO)1&3 3,023 3,037 -0.5% Particulars Quarter Ended Tower & Co-Location Base Parameters Unit Sep 30, 2026 June 30, 2026 Q-on-QGrowth Sep 30, 2025 Y-on-YGrowth Macro Towers Nos 2,70,480 2,67,611 2,869 2,56,074 14,406 Co-locations Nos 4,40,153 4,32,250 7,903 4,15,717 24,436 Key Indicators Average Sharing Factor Times 1.62 1.62 1.63 Closing Sharing Factor Times 1.63 1.62 1.62 Sharing Revenue per Tower p.m. Rs 66,532 66,416 0.2% 67,924 -2.0% Sharing Revenue per Sharing Operator p.m. Rs 41,036 41,082 -0.1% 41,714 -1.6% Parameters Unit Sep 30, 2026 June 30, 2026 Q-on-QGrowth Sep 30, 2025 Y-on-YGrowth Lean Co-locations Nos 14,037 14,024 13 13,963 74 Key Indicators Sharing Revenue per Sharing Operator p.m Rs 16,867 16,707 1.0% 16,127 4.6%\"},{\"title\":\"General Updates\",\"summary\":\"Quarterly Report for the second Quarter (Q2) and half year ended September 30, 2026\",\"source\":\"NSE\",\"published\":\"27-Oct-2026 18:53:53\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27102026184812_SEQuarterlyReport27102026.pdf\",\"disclosure_text\":\"Indus Towers Limited Registered & Corporate Office: Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram - 122002, Haryana I Tel: +91-124-4296766 Fax: +91-124-4289333 CIN: L64201HR2006PLC073821 I Email: compliance.officer@industowers.com I www.industowers.com October 27, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 National Stock Exchange of India Limited Exchange Plaza, C-1, Block \u2013 G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051 Ref.: Indus Towers Limited (534816\/ INDUSTOWER) Sub.: Quarterly Report for the second quarter (Q2) and half year ended September 30, 2026 Dear Sir\/ Ma\u2019am, Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Quarterly Report being released by the Company w.r.t. Audited Financial Results for the second quarter (Q2) and half year ended September 30, 2026. Kindly take the same on record. Thanking you, Yours faithfully, For Indus Towers Limited Samridhi Rodhe Company Secretary & Compliance Officer Encl.: As above Quarterly report on the results for the Second Quarter ended September 30, 2026 Indus Towers Limited Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram, Haryana \u2013 122002 October 27, 2026 The financial statements included in this quarterly report fairly present in all material respects the financial position, results of operations, cash flow of the Company as of and for the periods presented in this report. Supplemental Disclosures Safe Harbor: - Some information in this report may contain forward-looking statements. We have based these forward- looking statements on our current beliefs, expectations and intentions as to facts, actions and events that will or may occur in the future. Such statements generally are identified by forward-looking words such as \u201cbelieve,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201ccontinue,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cmay,\u201d \u201cwill\u201d or other similar words. A forward-looking statement may include a statement of the assumptions or basis underlying the forward-looking statement. We have chosen these assumptions or basis in good faith, and we believe that they are reasonable in all material respects. However, we caution you that forward-looking statements and assumed facts or bases almost always vary from actual results, and the differences between the results implied by the forward- looking statements and assumed facts or bases and actual results can be material, depending on the circumstances. You should also keep in mind that any forward-looking statement made by us in this report or elsewhere speaks only as of the date on which we made it. New risks and uncertainties come up from time to time, and it is impossible for us to predict these events or how they may affect us. We have no duty to, and do not intend to, update or revise the forward-looking statements in this report after the date hereof. In light of these risks and uncertainties, any forward-looking statement made in this report or elsewhere may or may not occur and has to be understood and read along with this supplemental disclosure. General Risk : - Investment in equity and equity related securities involves a degree of risk and investors should not invest any funds in this Company without necessary diligence and relying on their own examination of Indus Towers Limited; along with the equity investment risk which doesn't guarantee capital protection. Use of Certain Non-GAAP measures : - This result announcement contains certain information on the Company\u2019s results of operations and cash flows that have been derived from amounts calculated in accordance with Indian Accounting Standards (IND AS) i.e. Non-GAAP measures. They should not be viewed in isolation as alternatives to the equivalent IND AS measures and should be read in conjunction with the equivalent IND AS measures. Further, disclosures are also provided under \u201cUse of Non \u2013 GAAP financial information\u201d on page 24 Others: In this report, the term \u201cIndus Towers\u201d or \u201cIndus\u201d or \u201cthe Company\u201d refers to Indus Towers Limited. With effect from January 2015, Indus Towers Employees Welfare Trust (incorporated for allotment of shares to employees as part of Employee Stock Option Plan) has been included as part of the Company. With effect from September 2015, Smartx Services Ltd. (incorporated on September 21, 2015 as a wholly owned subsidiary) has been included as a part of the Company. Other subsidiaries have also been included as part of the Company with effect from respective date of incorporation. Disclaimer: - This communication does not constitute an offer of securities for sale in the United States. Securities may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be made in the United States will be made by means of a prospectus and will contain detailed information about the Company and its management, as well as financial statements. Page 3 of 42 TABLE OF CONTENTS Section A Consolidated Results 4 Section 1 Indus Towers \u2013 Performance at a glance 5 Section 2 An Overview 6 Section 3 Financial Highlights 3.1 Summarized Consolidated Statement of Operations 11 3.2 Summarized Statement of Consolidated Financial Position 11 Section 4 Operating Highlights 12 Section 5 Management Discussion & Analysis 5.1 5.2 Key Industry Developments Key Company Updates 13 14 5.3 Results of Operations 15 5.4 Indus Towers Three-Line Graph 16 Section 6 Stock Market Highlights 17 Section 7 Detailed Financial and Related Information 19 Section 8 Trends & Ratios 26 Section B Standalone and Consolidated IND AS Financial Statements 32 Section 9 Financial Highlights 33 Section C Key Accounting Policies and Glossary 35 Section 10 Basis of Preparation and Key Accounting Policies as per IND AS 36 Section 11 Glossary 55 Page 4 of 42 Section A Consolidated Results The Company has adopted Indian Accounting Standards (IND AS) w.e.f. April 1, 2016 with transition date being April 1, 2015 in accordance with the requirements under Section 133 of the Companies Act, 2013. Accordingly, the consolidated financial statements under IND AS includes the Company, the subsidiaries and the controlled trust. Note: Unless otherwise specified, consolidated results and operating performance do not include overseas subsidiaries of Indus Towers Page 5 of 42 Section-1 INDUS TOWERS \u2013 PERFORMANCE AT A GLANCE 1. Revenue, EBITDA, EBIT, Operating Free Cash Flow, Adjusted Fund from Operations (AFFO), EBITDA, EBIT and Net Profit Margins have been computed on revenue excluding other income. For Calculation of Free Cash flow, movement in working capital is not considered against the receipt of proceeds on Jan 1, 2026 and Oct 1, 2026 from last day redemption of mutual funds. 2. Previous periods\u2019 figures have been regrouped\/ rearranged wherever necessary to conform to current period classifications. 3. Following the favourable ruling during the quarter ended on 31 Dec 2024 from Honorable Supreme Court in CENVAT credit on towers and shelters, the Delhi High Court quashed the Show Cause Notice issued by DGGI on the matter of disallowance of ITC availed by the company on towers and passive infrastructure. Therefore, the company has decapitalized Rs. 6,598 Mn related to GST which was capitalized as part of property, plant and equipment for the period from April 01, 2020 to December 31, 2024 and recognised corresponding ITC assets with the same amount. This resulted in reversal of depreciation amounting to Rs. 650 Mn for the aforesaid period. Capex does not include passive infrastructure assets acquired from Bharti Airtel Limited during the year ended 31 March 2025. 4. Towers and Co-locations includes 10,380 Macro towers and 2,226 Lean co-locations acquired from Bharti Airtel Limited during the quarter ended 31 March 2025 and the same was concluded at 10,093 Macro towers and 2,179 Lean co-locations and any difference has been adjusted in the period ended June 2025. 5. Valuation Indicators are presented for Indus Towers including overseas subsidiaries. 2024 2025 2026 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026 India Operating Highlights Macro Towers4 Nos 2,19,736 2,49,305 2,64,514 2,56,074 2,59,622 2,64,514 2,67,611 2,70,480 Co-locations4 Nos 3,68,588 4,05,435 4,28,014 4,15,717 4,21,822 4,28,014 4,32,250 4,40,153 Average Sharing factor Times 1.72 1.65 1.62 1.63 1.62 1.62 1.62 1.62 Closing Sharing factor Times 1.68 1.63 1.62 1.62 1.62 1.62 1.62 1.63 Sharing Revenue per Tower per month Rs 71,034 67,422 66,995 67,924 67,285 66,604 66,416 66,532 Sharing Revenue per Sharing Operator per month Rs 41,198 40,856 41,302 41,714 41,429 41,078 41,082 41,036 Lean Co-locations4 Nos 10,686 13,878 14,044 13,963 13,989 14,044 14,024 14,037 Sharing Revenue per Sharing Operator per month Rs 13,810 15,151 16,354 16,127 16,385 16,535 16,707 16,867 Financials Revenue1 Rs Mn 2,86,006 3,01,228 3,24,931 81,882 81,463 81,010 84,311 85,150 EBITDA1 Rs Mn 1,46,939 2,08,447 1,79,779 46,127 45,085 44,666 45,246 46,384 EBIT1 Rs Mn 84,967 1,42,479 1,06,747 27,713 26,700 25,882 25,885 26,521 Finance Cost (Net) Rs Mn 7,354 14,400 15,516 3,758 4,035 3,758 3,579 3,400 Profit\/(Loss) before Tax Rs Mn 81,224 1,31,537 96,001 24,784 24,203 23,676 23,518 24,183 Profit\/(Loss) after Tax Rs Mn 60,362 99,317 71,472 18,393 17,759 17,952 17,490 17,984 Capex4 Rs Mn 96,975 68,699 88,170 25,587 19,799 23,307 17,188 23,992 -of Which Maintenance Capex Rs Mn 12,297 13,875 21,816 5,605 5,310 5,388 5,127 4,829 Operating Free Cash Flow1 Rs Mn 18,230 1,04,275 50,476 10,387 14,981 10,672 17,813 11,067 Adjusted Fund From Operations(AFFO)1 Rs Mn 1,02,908 1,59,099 1,16,830 30,369 29,470 28,591 29,874 30,230 Free Cash Flow1 Rs Mn 1,817 98,485 37,433 2,964 7,878 10,934 14,362 13,774 Total Capital Employed Rs Mn 4,75,067 5,05,183 5,49,412 5,26,087 5,42,732 5,49,412 5,55,355 5,69,899 Net Debt \/ (Net Cash) with Lease Liabilities Rs Mn 2,04,679 1,80,200 1,52,936 1,65,081 1,64,117 1,52,936 1,41,522 1,75,158 Net Debt \/ (Net Cash) without Lease Liabilities Rs Mn 42,487 (8,734) (49,124) (29,589) (34,339) (49,124) (64,038) (34,362) Shareholder's Equity Rs Mn 2,70,388 3,24,983 3,96,476 3,61,006 3,78,615 3,96,476 4,13,833 3,94,741 Key Ratios EBITDA Margin1 % 51.4% 69.2% 55.3% 56.3% 55.3% 55.1% 53.7% 54.5% EBIT Margin1 % 29.7% 47.3% 32.9% 33.8% 32.8% 31.9% 30.7% 31.1% Net Profit Margin1 % 21.1% 33.0% 22.0% 22.5% 21.8% 22.2% 20.7% 21.1% Net Debt \/ (Net Cash) with Lease Liabilities to EBITDA (LTM) Times 1.39 0.86 0.85 0.81 0.92 0.85 0.78 0.97 Interest Coverage ratio (LTM) Times 19.98 14.48 11.59 14.71 11.66 11.59 11.97 12.28 Return on Capital Employed Pre Tax (LTM) % 19.4% 29.1% 20.2% 26.3% 20.3% 20.2% 19.9% 19.2% Return on Shareholder's Equity Pre Tax (LTM) % 33.7% 44.2% 26.6% 38.4% 27.3% 26.6% 25.4% 25.3% Return on Shareholder's Equity Post tax (LTM) % 25.1% 33.4% 19.8% 29.0% 20.3% 19.8% 18.9% 18.8% Valuation Indicators5 Market Capitalization Rs Bn 785 882 1,103 905 1,105 1,103 1,033 985 Enterprise Value Rs Bn 989 1,062 1,256 1,070 1,269 1,256 1,175 1,160 EV \/ EBITDA Times 6.73 5.10 6.99 5.24 7.09 6.99 6.49 6.40 EPS (Diluted) Rs 22.40 37.31 27.10 6.97 6.73 6.80 6.62 6.80 PE Ratio Times 13.00 8.96 15.44 9.66 15.49 15.44 14.44 13.85 Particulars UNITS Full Year Ended2 Quarter Ended2 Page 6 of 42 Section 2 AN OVERVIEW 2.1 Industry Overview The Indian telecommunications industry is one of the most competitive globally. The focus of Indian operators in the last ten years or so has been to develop an affordable mass market telecommunications service model which allows for service availability across India\u2019s urban and rural areas at affordable prices. A strong focus on optimization of operational expenses through the outsourcing of non- core areas, process innovation, cost-to-serve alignment and strategic partnerships has also resulted in steady growth of the tower industry. It is more economical for operators to lease towers from tower companies rather than build them for captive use. Infrastructure sharing is effective in optimizing the utilization of available resources and helps to bring down the cost of providing telecommunications services. With the reduction in overall tariffs and restrictions placed by various local regulatory bodies on the installation of telecom towers, infrastructure sharing amongst service providers has become the norm in the Indian telecommunications industry in the last decade. Tower companies provide the entire range of tower infrastructure that is required by wireless telecommunications service providers to offer mobile telephony services to their subscribers. Tower infrastructure refers to equipment such as towers, shelters, power regulation equipment, battery banks, diesel generator sets (DG sets), air conditioners, fire extinguishers and a security cabin, required at a site where such towers are installed. Traditionally, tower companies provided two types of towers \u2013 Ground Based Towers (GBTs) and Roof Top Towers (RTTs). Space limitations on each site and overall limited availability of land for tower installation have expanded the traditional tower products to Ground Based Mast (GBMs) that occupy less space relative to GBTs and RTTs. Apart from the above traditional products, tower companies are now also providing innovative solutions like smart poles, microsites, fiberized connectivity, feather sites, small cells etc. This is keeping in mind the demands of technologies such as 4G currently and technologies such as 5G which have higher capacity requirement. These newer products are expected to not only provide high coverage and capacity within a limited area, but also enhance aesthetic look of the city. There are two kinds of infrastructure that constitute a telecom tower: \uf0b7 Active Infrastructure: Radio antenna, BTS\/cell site, cables, Fibre POP\u2019s etc. that are owned and supplied by telecom operators. \uf0b7 Tower Infrastructure: Steel tower, shelter room, DG set, power regulation equipment, battery bank, security cabin etc. that supports active infrastructure. These are owned by tower companies. Telecommunication sector is playing a pioneering role in fulfilling the Government\u2019s mission of Digital India and will also have an enabling role in India\u2019s journey towards Digital Economy and Industry 4.0. Infrastructure Providers (IP1) have empowered the Telecommunication Service Providers (TSPs) by providing affordable and shareable passive infrastructure. The TSPs leverage the shareable passive infrastructure not only to quickly rollout out their network but also to reap the benefits of cost efficiencies arising from infrastructure sharing, and in turn to provide affordable services to consumers. In the India Digital Economy and Industry 4.0 enablement, it is expected that Infrastructure Providers will have a more prominent role to play. This can happen when the infrastructure providers start providing active network sharing along with passive infrastructure. IP1 players can play an effective role by providing shared Transport Network and shared RAN (Radio Access Network). This will facilitate TSPs to focus on their core networks and core businesses and leverage the operational efficiency of IP1 in active network sharing. Active infrastructure sharing can also provide cost efficiencies as evidenced by the BEREC (Body of European Regulators for Electronics Communications) report, which states active infrastructure sharing has the potential to reduce the Capex by 33-35% and Opex by 25-33%. Government of India has acknowledged the critical role played by IP1 in the success of Telecom sector and intends the same to continues in the future as well as captured in National Digital Communication Policy 2018 (NDCP 2018) with proper regulatory framework by Department of Telecommunication (DoT). Page 7 of 42 Average specifications for these are summarized in the following table: Particulars GBT RTT GBM Smart Pole Feather Site Space Requirement (Sq.ft) 2,500 - 4,000 300- 1000 100 - 500 50- 100 80-150 Height (m) 30-50 6-21 24-40 12 3-12 Occupancy Capacity (Colocations) 2-3 2-3 2-3 1-2 1-2 2.2 Company Overview Indus Towers Limited is a provider of tower and related infrastructure sharing services. Indus Towers was formed by the amalgamation of erstwhile Indus Towers which was operating in 15 telecom circles with pre-merger Bharti Infratel which was operating in 11 telecom circles. Erstwhile Indus Towers was established as a joint venture in 2007, originally between Bharti Airtel, Vodafone India and Idea Cellular. The holdings underwent few changes over the years and as on 30th September 2020, Bharti Infratel, Vodafone Group Plc and Vodafone Idea held shareholding interest of 42%, 42% and 11.15% respectively in Indus. The balance 4.85% was held by P5 Asia Holding Investments (Mauritius) Limited (Providence). Following the merger, Indus Towers is one of the largest tower infrastructure providers in the country and globally. The business of Indus Towers is to acquire, build, own, operate and maintain tower and related infrastructure. Indus provides access to their towers primarily to wireless telecommunications service providers on a shared basis, under long-term contracts. It caters to all wireless telecommunication service providers in India. Smart Pole Page 8 of 42 Indus has a nationwide presence with operations in all 22 telecommunications Circles in India. As of September 30, 2026, Indus owned and operated 270,480 towers with 440,153 co-locations with an average sharing factor of 1.62. Indus Towers has ongoing Master Service Agreements (MSAs) with its customers. The MSAs are long-term contracts which set out the terms on which access is provided to the Company\u2019s towers, with all service providers being offered the same terms and receiving equal treatment at towers where they have installed their active infrastructure. Under the MSAs, Indus enters into service contrac\"},{\"title\":\"Outcome of Board Meeting\",\"summary\":\"Audited Financial Results for the Second Quarter (Q2) and half year ended September 30, 2026.\",\"source\":\"NSE\",\"published\":\"27-Oct-2026 18:32:42\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27102026183157_SEOutcome27102026.pdf\",\"disclosure_text\":\"Indus Towers Limited Registered & Corporate Office: Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram - 122002, Haryana I Tel: +91-124-4296766 Fax: +91-124-4289333 CIN: L64201HR2006PLC073821 I Email: compliance.officer@industowers.com I www.industowers.com October 27, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 National Stock Exchange of India Limited Exchange Plaza, C-1, Block \u2013 G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051 Ref.: Indus Towers Limited (534816\/ INDUSTOWER) Sub.: Outcome of the Board Meeting - Financial Results for the second quarter (Q2) and half year ended September 30, 2026 Dear Sir\/ Ma\u2019am, In compliance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed following for the second quarter (Q2) and half year ended September 30, 2026: \u2022 Audited Consolidated Financial Results as per Ind-AS; \u2022 Audited Standalone Financial Results as per Ind-AS; and \u2022 Auditor\u2019s Reports on the aforesaid Financial Results. The above financial results have been reviewed by the Audit Committee in its meeting held today i.e., October 27, 2026 and based on its recommendation, approved by the Board of Directors in its meeting held today i.e., October 27, 2026. The Board Meeting commenced at 01:50 p.m. (IST) and concluded at 04:35 p.m. (IST). Kindly take the same on record. Thanking you, Yours faithfully, For Indus Towers Limited Samridhi Rodhe Company Secretary & Compliance Officer Encl.: As above in,dus TOWERS Deloitte Haskins & Sells LLP Chartered Accountants 7th Floor Building lO Tower B DLF Cyber City Complex DLF City Phase II Gurugr am-122 002 Haryana, tndia Tel: +91 124 679 2000 Fax: +91 124 679 2012 I NDEP ENDENT AUDITOR 'S REPORT ON AUDIT OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF INDUS TOWERS LIMITED Opin ion We have audited the accompanying Statement of Consolidated Financial Results for the quarter and half year ended September 30, 2026 of Indus Towers Limited (\\\"the Parent\\\"\/\\\"the Company\\\") and its subsidiaries (the Parent and its subsidia ries together referred to as \\\"the Group\\\"), (\\\"the Consolidated Financial Results\\\"f'the Statement\\\") being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (\\\"the LODR Regulations\\\"). In our opinion and to the best of our information and according to the explanations given to us, the Statement: (i) includes the results of the followin g entities: a. Indus Towers Limited (\\\"ITL\\\") (\\\"Parent\\\") ; Subsidiaries: b. Smartx Services Limited; c. Indus Towers FZE, Dubai (incorporated on December 08, 2025); d. Indus Towers Ventures FZE, Dubai (incorporated on December 18, 2025); e. Indus Towers Investment FZE, Dubai (incorporated on December 18, 2025); f. Indus Towers Management FZE, Dubai (incorporated on December 19, 2025); g. Indus Infra Uganda Limited, Uganda (incorporated on January 20, 2026); h. Indus...Iowi>rs Infra Zambia Limited. Zambia (incorporated on lanUM\u00a5- 1 s. 2026); i. Indus Towers Nigeria Limited, Nigeria (incorporated on January 15, 2026); j. IndiKToWersGtooarventures IFSCUm ited-(fnc:orporar ea on April 2s, 2026rand k. Indus Towers Employees' Welfare Trust. (ii) is presented in accordance with the requirements of the LODR Regulations; and (iii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 \\\"Interim Financial Reporting\\\" (\\\"Ind AS 34'') , prescribed under section 133 of the Companies Act 2013 (the \\\"Act\\\") read with relevant rules issued thereunder and other accounting principles generally accepted in India of the consolidated net profit and consolidated other comprehensive loss and other financial information of the Group for the quarter and half year ended September 30, 2026. Basis for Opin ion We conducted our audit in accordance with the Standards on Auditing (\\\"SAs\\\") specified under Section 143(10) of the Act. Our responsibilities under those Standards are further described in the 'Auditor's Responsibilities for audit of the Consolidated Financial Results' section of our report below. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (\\\"!CAI\\\") together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and ICAI's Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion. s-Consolidated\/Sept 30, 2026\/Regulation 33 Page 1 of 3 Regd. Office: One International Center, Tower 3. 31st floor, Senapati Ba pat Marg, Elphinstone Road (West}, Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liabili ty having LLP identification No: AAB-8737 Deloitte Haskins & Sells LLP Management 's and Board of Directors ' Responsibilities for the Consolidated Financia l Results This Statement is the responsibility of Parent's management and has been approved by the Board of Directors for issuance. The Statement has been compiled\/extracted from the Audited Inter im Condensed Consolidat ed Financial Statements for the three and six months ended September 30, 2026, the Audited Consolidated Financial Results for the quarter ended June 30, 2026 , the Audited Consolidated Financial Results for the quarter and year ended March 31, 2026 and the Audited Consolidated Financial Results for the quarter and half year ended September 30, 2025. This responsibility includes the preparation and presentation of the Consolidated Financial Results that give a true and fair view of the consolidated net profit\/loss and consolidated other comprehensive income\/loss and other financial information of the Group in accordance with the recognition and measurement principles laid down in Ind AS 34 and other accounting principles generally accepted in India and in compliance with the LODR Regulations. The respective Board of Directors\/those charged with governance of the entities included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgements and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate interna l financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material missta tement, whether due to fraud or error, which have been used for the purpose of preparation of this Consolidated Financial Results by the Directors of the Parent, as aforesaid. In preparing the Consolidated Financial Results, the respective management and the Board of Directors\/those charged with governance of the entities included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities included in the Group or to cease operations, or has no realistic alternative but to do so. The respective Board of Directors\/those charged with governam:e-of the entities included in the Group are responsible for oversee ing the financial reporting process of respective entities included in the Group. Auditor's Responsibilitie s for aud it of the Consolidated Financial Results Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Consolidated Financial Results. As part of an audit in accordance with SAs, we exercise professional judgement and maintain professional skepticism throughout the audit. We also: \u2022 Identify and assess the risks of material misstatement of the Consolidated Financial Results, whether due to fraud or error, design and \u00b7perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal financial control. \u2022 Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Group's internal financial controls. Indus -Consolidated \/Sept 30, 2026\/Regulation 33 Page 2 of 3 Deloitte Haskins & Sells LLP \u2022 Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management and approved by the Board of Directors. \u2022 Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under the LODR Regulations. \u2022 Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significa nt doubt on the ability of the Group to continue as a going concern. If we conc lude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obta ined up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern. \u2022 Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation. Materiality is the magnitude of misstatement s in the Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Consolidated Financial Results. We communicate with those charged with governance of the Parent and other entities included in the Consolidated Financial Results of which we are the independent auditors regarding, among other matte rs, the planned scope and timing of the audit and significant audit findings including any significan t deficiencies in internal financial controls that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requi reme nts- regarding \u00b7independence; -and to communicate with\u00b7 them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. Place: Gurugram Date: Octobe r 27, 2026 Indu s-Consol idated\/Sep t 30, 2026\/Regulation 33 For Delo itte Haskins & Sells LLP Chartered Accountants (Firm's Registration No. 117366W\/~-100 -018) ~ ~-~ Partner Membership No. 063092 UDIN: ~ of>3C~~v~ Rf JM ,~~4 Page 3 of 3 Indus Tower s Limited (CIN: L64201HR2 006PLC073821) Reg d. Office: Building No. I 0, Tower A, 4th Floor, DLF Cyber City, Gumgram-122002, Haryana Telephone no. +91 124 4296766, Fax no. + 91 124 4289333, Email id: compliance.officer@industowers.com Statement of Audited Consolidated Financial Result s for the quarter and half year ended September 30, 2026 l'art~ lm Income Re1\u00b7mce from operations (refer oot~ S) !Other incmne Total income Expenses Cost of materials o:r.st.m:ed Power and fuel Empbyee benefit expenses Repairs and mainla\\\\ll!C? ()hn (.'lpel]Ses (refer nDle 4) Tolalnpm es Profit before deprtti.llion and amortisation, fmance co11!1 finance inromt, charily and don11ion ud IH Depreciation aru a.-ocrtis.l1ivn expe= Less: adjusted 11ith t\u00ab.ml reserve in a,oordmce\\\"ith lhc scheme of armi=\u2022 FilWICt costs Filllll't income Cbrity and do111ti..:~ Profit before tn Inexpense Current tax Deferred lax Profit for the period\/year Other comprehenrin income ('OCI') Items that 11ill not be re-classified to profit or !oss Rnnea;uremeot lo~ of defined benefit plans (net) Tax impact on aboYe Items that 11iU be rr-dmilied to profit or loss faclw!ge difT~ on translation of foreign operations Othercomprehensin income\/ ODIS) for the period \/year (nd offu) Tot.al comprehensive income for lhe period\/ yt1r (net or tax) Paij-.p equity slnr~ rapital (Face value Rs. IO each) OOtr equity Earnings p~r equityshm (nominJI value of equity!hare is Rs. JO mh)A l!.!sic(in Rs.) Diluted fin Rs.) \\\"EPS is not 30, 2026. Sep ttll!M' 3t, 24!6 \\\\~JIN! 85,156 1,062 86,218 22 31,832 2,314 3,9U 716 38,826 47,.192 19,619 (181 19,438 4,546 {1,131) 427 24,112 6,184 4,M4 1,540 17.918 (23) 6 (9) {26) 17,901 26,381 368,252 6.80 6.80 Quarlerendtd Juad0,2~Ui Stpttllbtr ;o,202s Audited Atdi1rd 84,311 &1,882 1,212 819 85,513 s2,m 26 7 31,953 30,869 2,151 2,051 3,714 3,765 1,259 (937) 39,103 35,755 46,420 46,956 19,121 18,207 (185 (199 18,936 18,00! 4,f55 4,624 (1,272) (866) 427 406 B,474 24,m 6,016 6,391 5,511 5,195 439 1,196 17,458 18,393 (36) 9 4 4 (27) 11462 18.366 26,m 26,381 387,404 rn,625 6.62 6.97 6.62 6.97 (In Rs. ;\\\\Jiffion empt per share dall) Hal\u00a3 ) at nul\u00abt Ynrtn ded Stptt111h.fr 3,, lfl6 ~!ember 30, 2025 \\\\lmlJ 31, 2926 Audittd Audittd Audited 169,467 162,458 JH,931 2,274 1,680 4,770 171,7'1 164,IJ8 319,701 48 21 93 63.7&5 61.556 119,956 4,465 4,184 8,782 7,656 7,462 14,671 1,975 (793) 1,673 11:m 72,430 145,175 93~11 91,708 184,526 38,740 3;,454 72,203 (366) __(403) 095) . 38,374 35,051 71,408 9,401 9)71 18,930 (2,403) (1,648) (3,414) 854 812 1,624 47,586 48,122 95,918 12,200 12,361 24,529 10,211 l0,622 20,913 1,979 1,739 3,616 35J86 35 761 71,449 (23) (36) (9) 6 9 2 (5) ' J (22) (27) (4) 35,364 35,734 71.HS 26,381 26,3&1 26,381 368,252 334,625 370,075 13.42 13.56 27.09 13.41 1356 17.09 Page 1 ofS Consolidated Statement of Assets and Liabilities : (In Rs. i\\\\l illion) As al Parliculars Seotember 30, 2026 ,\\\\larrh 31, 2026 Audited \\\\udiled A Assets Non-current assets Property, plant and equipment 342,950 332,328 Right of use assets 168,451 162,331 Capital work-in-progress 8,539 6,301 Intangible assets 822 483 Financial assets Investment 104 l04 Other financial assets 16,059 15,503 Income tax assets ( net) 7,160 7,723 Deferred ta'< assets (net) 37 IO Other non-current assets 35,081 33,194 579,203 557,977 Current assets Inventories 549 268 Financial assets Investments 44,130 43,052 Trade receivables 47,935 49,393 Cash and cash equivalents 1,440 473 Other bank balances 275 15,050 Other financial assets 48,553 40,810 Other current assets 5,373 6,138 148,255 155,184 Total assets 727,458 713,161 B Equity and liabilities Equity Equity share capital 26,381 26,381 Other equity 368,252 370,075 394,633 396,456 Liabilities Non-current liabilities Financial liabilities Lease liabilities 181,648 175,294 Other financial liabilities 4,038 4,04 7 Provisions 25,522 27,227 Deferred tax liabilites (net) 9,672 7,672 Other non-current liabilities 13,026 12,435 233,906 226,675 Current liabilities Financial liabilities Borrowings 10,940 9,209 Lease liabilities 27,998 26,766 Trade payable Total outstanding dues of micro enterp rises and small enterprises 669 675 Total outstanding dues of creditors other than micro enterprises and 27,524 26,049 small enterprises Other financial liabilities 20,571 18,333 Other current liabilities 7,727 6,550 Provisions 1,061 979 Current tax liabilities (net) 2,429 1,469 98,919 90,030 Total liabilities 332,825 316,70 5 Total equ\u00b7\u00b7 \u2022 \u2022 \u2022 bilities - 727,458 713,161 - ~skins~ \/, O~& ~ '\/.~'tfl' l ~tARYANN\u00bc~ l ~ Ch orod ~ Page 2 of 5 j 'o Accountant. ;; l f\u2713,,, \/),'t;, ct ~-'6) \\\" 0 o'' \u2022 Consolidated Statement of Cash Flows: Particulars Cash flows from operating acfoities Profit before tax Adjustments for Depreciation and amortisation ex-penses Finance income Finance costs Profit on sale of property, plant and equipment (net) Allowances for doubtful receivables and advances (net) Revenue equalisation Others Operating profit before changes in assets and liabilities Decrease\/ (increase) in other financial assets Decrease\/ (increase) in other assets Decrease\/ (increase) in inventories Decrease\/ (increase) in trade receivables Increase, (decrease) in other financial liabilities Increase\/ (decrease) in provisions Increase\/ (decrease) in other liabilities Increase\/ (decrease) in trade payables Cash generated from operations Income tax paid (net of refunds) Net rash flo\"},{\"title\":\"Indus Towers Q2 Results: Net profit slips 2.5% to Rs 1,793 crore - The Economic Times\",\"summary\":\"Indus Towers Q2 Results: Net profit slips 2.5% to Rs 1,793 crore The Economic Times\",\"source\":\"The Economic Times\",\"published\":\"Tue, 27 Oct 2026 16:56:07 GMT\",\"source_type\":\"business media\",\"generic_watchlist\":false},{\"title\":\"Indus Towers Q2 net profit falls 2.5% to Rs 1,793 crore, EBITDA rises 0.4% to Rs 4,633 crore - Moneycontrol.com\",\"summary\":\"Indus Towers Q2 net profit falls 2.5% to Rs 1,793 crore, EBITDA rises 0.4% to Rs 4,633 crore Moneycontrol.com\",\"source\":\"Moneycontrol.com\",\"published\":\"Tue, 27 Oct 2026 13:58:31 GMT\",\"source_type\":\"business media\",\"generic_watchlist\":false},{\"title\":\"Indus Towers Q2 Results: Profit Falls 3% As Margins Contract - NDTV Profit\",\"summary\":\"Indus Towers Q2 Results: Profit Falls 3% As Margins Contract NDTV Profit\",\"source\":\"NDTV Profit\",\"published\":\"Tue, 27 Oct 2026 13:40:32 GMT\",\"source_type\":\"business media\",\"generic_watchlist\":false}],\"recent_news\":[{\"summary\":\"a Press Release dated October 27, 2026, titled \\\"Press Release w.r.t. Audited Financial Results for the second quarter (Q2) and half year ended September 30, 2026\\\".\",\"category\":\"Press Release\",\"date\":\"27-Oct-2026 19:02:14\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27102026190204_SEPressRelease27102026.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":3},{\"summary\":\"Quarterly Report for the second Quarter (Q2) and half year ended September 30, 2026.\",\"category\":\"General Updates\",\"date\":\"27-Oct-2026 18:53:53\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27102026184812_SEQuarterlyReport27102026.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":3},{\"summary\":\"Audited Financial Results for the Second Quarter (Q2) and half year ended September 30, 2026.\",\"category\":\"Outcome of Board Meeting\",\"date\":\"27-Oct-2026 18:32:42\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27102026183157_SEOutcome27102026.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":3},{\"summary\":\"Quarterly Report for the first quarter (Q1) ended June 30, 2026.\",\"category\":\"General Updates\",\"date\":\"27-Jul-2026 19:40:31\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/BHARTIINFRATEL_27072026193950_SEQuarterlyReport27072026.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4}],\"insider_activity\":[{\"person\":\"INDUS TOWERS EMPLOYEES WELFARE TRUST\",\"category\":\"Other\",\"type\":\"Buy\",\"quantity\":\"750000\",\"post_holding\":\"1051159\",\"date\":\"10-Sep-2025\",\"mode\":\"Market Purchase\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"INDUS TOWERS EMPLOYEES WELFARE TRUST\",\"category\":\"Other\",\"type\":\"Buy\",\"quantity\":\"715000\",\"post_holding\":\"941088\",\"date\":\"05-Dec-2024\",\"mode\":\"Market Purchase\",\"source\":\"NSE PIT disclosure\"}],\"promoter_pledge\":{\"summary\":\"The promoter\/promoter-group disclosure states that the shares covered by the filing were free from encumbrance.\",\"events\":[{\"summary\":\"umbai - 400051 Email ID: takeover@nse.co.in BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Email ID: corp.relations@bseindia.com Ref: Indus Towers Limited (INDUSTOWER\/ 534816) Sub: Disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir, Pursuant to Regulation 31 (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, it is hereby declared that Bharti Airtel Limited, Promoter of Indus Towers Limited ('Company') along with persons acting in concert, have not made any encumbrance of the shares of the Company held by us directly or indirectly, during the financial year 2025-26. Kindly take the same on record. Thanking you, Yours faithfully, : p.\\\\R1. For Bharti Airtel \u00b7mi \u25ca Rohit K ri ~:- \\u002d\\u002d\\u002d\\u002dCompany Secretary & Compliance Officer Membership No: A19779 Address: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase - II, New Delhi - 110070 CC: Audit Committee Indus Towers Limited Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram - 122002 CC: Company Secretary & Compliance Officer Indus Towers Limited Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram\",\"category\":\"Disclosure under SEBI Takeover Regulations\",\"date\":\"05-Jun-2026 15:58:38\",\"source\":\"NSE corporate filing\",\"attachment\":\"https:\/\/nsearchives.nseindia.com\/corporate\/team_bbodade_25052026163845_INDUSTOWER1.pdf\",\"detail_level\":\"pdf_facts\"},{\"summary\":\"umbai - 400051 Email ID: takeover@nse.co.in BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Email ID: corp.relations@bseindia.com Ref: Indus Towers Limited (INDUSTOWER\/ 534816) Sub: Disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir, Pursuant to Regulation 31 (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, it is hereby declared that Bharti Airtel Limited, Promoter of Indus Towers Limited ('Company') along with persons acting in concert, have not made any encumbrance of the shares of the Company held by us directly or indirectly, during the financial year 2025-26. Kindly take the same on record. Thanking you, Yours faithfully, : p.\\\\R1. For Bharti Airtel \u00b7mi \u25ca Rohit K ri ~:- \\u002d\\u002d\\u002d\\u002dCompany Secretary & Compliance Officer Membership No: A19779 Address: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase - II, New Delhi - 110070 CC: Audit Committee Indus Towers Limited Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram - 122002 CC: Company Secretary & Compliance Officer Indus Towers Limited Building No. 10, Tower A, 4th Floor, DLF Cyber City, Gurugram\",\"category\":\"Disclosure under SEBI Takeover Regulations\",\"date\":\"05-Jun-2026 15:56:44\",\"source\":\"NSE corporate filing\",\"attachment\":\"https:\/\/nsearchives.nseindia.com\/corporate\/team_bbodade_25052026163020_INDUSTOWER.pdf\",\"detail_level\":\"pdf_facts\"}],\"source\":\"NSE corporate filing\"},\"shareholding_snapshot\":{\"promoter_pct\":51.26,\"public_pct\":48.74,\"fii_pct\":21.72,\"dii_pct\":22.97,\"mf_pct\":18.02,\"institutional_pct\":44.69,\"noninst_pct\":4.05,\"mf_scheme_count\":45,\"pledged_shares\":null,\"pledged_pct_of_promoter\":null,\"mf_holders\":[{\"name\":\"SBI ARBITRAGE FUND\",\"shares\":107557656,\"pct\":4.08},{\"name\":\"KOTAK DEBT HYBRID\",\"shares\":79921619,\"pct\":3.03},{\"name\":\"QUANT MUTUAL FUND - QUANT ARBITRAGE FUND\",\"shares\":50740192,\"pct\":1.92},{\"name\":\"DSP FLEXI CAP FUND\",\"shares\":37383603,\"pct\":1.42},{\"name\":\"NIPPON LIFE INDIA TRUSTEE LTD-A\/C NIPPON INDIA NIF\",\"shares\":30061634,\"pct\":1.14}],\"period\":\"30-SEP-2026\",\"submission_date\":\"21-OCT-2026\",\"source\":\"NSE shareholding pattern XBRL\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1743312_21102026061216_WEB.xml\",\"previous_period\":\"30-JUN-2026\",\"previous_promoter_pct\":51.26,\"previous_fii_pct\":23.2,\"previous_dii_pct\":21.45,\"previous_mf_pct\":16.22,\"previous_institutional_pct\":44.65,\"previous_mf_scheme_count\":42,\"previous_pledged_pct_of_promoter\":null,\"previous_pledged_shares\":null}} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indus Towers share price fell 2.80% to \u20b9374.50 today. See why INDUSTOWER is falling, volume context, company developments and what to watch next.<\/p>\n","protected":false},"author":1,"featured_media":9356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_witty_seo_title":"Indus Towers Share Price Today: Why INDUSTOWER Is Falling 2.80% | 28 October 2026","_witty_meta_description":"Indus Towers share price fell 2.80% to \u20b9374.50 today. See why INDUSTOWER is falling, volume context, company developments and what to watch next.","_witty_primary_phrase":"Indus Towers share price today","_witty_reason_label":"profit-taking and sector-aligned drift following recent earnings announcements","_witty_reason_confidence":"medium","footnotes":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","_yoast_wpseo_focuskw":"","rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","_aioseop_title":"","_aioseop_description":""},"categories":[3,4],"tags":[139],"class_list":["post-9357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-movers","category-stocks-in-news","tag-industower"],"_links":{"self":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/9357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/comments?post=9357"}],"version-history":[{"count":1,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/9357\/revisions"}],"predecessor-version":[{"id":9358,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/9357\/revisions\/9358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/media\/9356"}],"wp:attachment":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/media?parent=9357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/categories?post=9357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/tags?post=9357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}