Aakhir kaise aaya itna bada jump?
Dekho, Indus Towers ne Q3 FY26 mein kamaal ka performance dikhaya hai. Total revenue 7.9% YoY badhkar ₹81.5 billion ho gaya. Aur asli mazaa toh PAT mein hai, jo 14.2% upar gaya! Core rental revenue bhi 9.5% badha aur Adjusted EBITDA 13.5% tej hua. Yeh sab cost optimization strategies ki wajah se possible hua hai.
Operationally bhi company ne zabardast kaam kiya hai. Is quarter mein 3,548 naye macro towers aur 6,105 colocations add kiye gaye. Yeh growth telecom operators dwara network expansion aur khaas kar 5G deployment ki tez demand ko reflect karta hai. Company ka tenancy ratio bhi stable hai, matlab infrastructure ka achha use ho raha hai.
Sabse acchi baat yeh hai ki free cash flow generation ekdum zabardast raha, ₹7.9 billion is quarter mein. Is strong cash generation se company ka balance sheet aur bhi mazboot aur under-leveraged hua hai.
Aage ka outlook kya hai?
Management ka focus market share, cost efficiency, uptime, aur sustainability par hai. 5G deployment se jo momentum mila hai, woh continue hone ki ummeed hai, jisse telecom operators apni capacity badhane par zor denge. Capex filhaal thoda elevated rahega, lekin management ka kehna hai ki agle 2-3 saal mein yeh kam ho jayega.
Ek aur acchi news yeh hai ki Vodafone Idea se koi outstanding dues nahi hai. Africa mein bhi company organic, greenfield growth par focus kar rahi hai.
Dividend distribution ka decision Q4 results ke waqt liya jayega. Overall, future outlook kafi positive lag raha hai.