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The Quarter story
The two most recent quarterly results, compared side-by-side.
Revenue and infrastructure scale strongly, but rising costs and margin compression pressure profitability.
Revenue grows from ₹516.2 Cr in Q1 FY26 to ₹709.5 Cr in Q1 FY27 — strong top-line expansion drives business scale.
EBITDA Margin falls from 76.0% in Q1 FY26 to 59.3% in Q1 FY27 — margin compression pressures overall profitability.
EBITDA rises from ₹392.4 Cr in Q1 FY26 to ₹420.9 Cr in Q1 FY27 — operating cash generation remains robust.
Net Profit Margin contracts from 33.0% in Q1 FY26 to 20.4% in Q1 FY27 — bottom-line earnings face sustained headwinds.
Total Towers increase from 5,809 in Q1 FY26 to 6,103 in Q1 FY27 — steady infrastructure expansion supports future leases.
Cost of Materials Consumed spikes from ₹37.3 Cr in Q1 FY26 to ₹170.6 Cr in Q1 FY27 — heavy procurement weighs on operating efficiency.
Fiber Network Length expands from 6,003 km in Q1 FY26 to 6,709 km in Q1 FY27 — backhaul capacity strengthens network reliability.
Interest costs rise from ₹53.8 Cr in Q1 FY26 to ₹74.9 Cr in Q1 FY27 — rising debt servicing burdens cash flow.
Total Tenancies grow from 7,107 in Q1 FY26 to 7,468 in Q1 FY27 — improving tower utilization across the portfolio.
Sites Ready for Integration drop from 612 in Q1 FY26 to 189 in Q1 FY27 — pipeline depletion limits near-term growth options.