Indus Towers is planning to aggressively expand its market share through both organic growth and acquisitions, following Vodafone Idea Limited’s settlement of its long-pending dues. The company received Rs 51 billion from Vi in the previous fiscal, resulting in a significant surge in free cash flow, which reached Rs 38.72 billion in fourth quarter of 2024-25, compared to Rs 3.32 billion in the same quarter of the previous year.
Indus has further formed a board-level subcommittee to explore the modalities of dividend distribution to shareholders.
Going forward, the company aims to secure a larger share in customer network rollouts and drive tower growth, either by deploying new towers, increasing tenancies at existing sites, or pursuing acquisitions.
