Altius Telecom Infrastructure Trust (543225) Q4 24/25 earnings summary

Executive summary

• Consolidated revenue from operations for FY25 was ₹194,540 million, up 51% year-over-year, driven by the acquisition of Elevar Digitel Infrastructure Private Limited and organic growth in the tower infrastructure business.

• Profit after tax for FY25 was ₹8,399 million, compared to ₹11,192 million in FY24, reflecting higher finance and depreciation costs post-acquisition.

• Total comprehensive income for FY25 was ₹7,834 million, down from ₹10,632 million in FY24, impacted by increased hedging and finance costs.

• The Trust distributed ₹57,547 million to unitholders in FY25, exceeding the 90% minimum distribution requirement.

Financial highlights

• EBITDA for FY25 was robust, supported by higher revenues, but net profit margin declined due to increased finance and depreciation expenses.

• Earnings per unit (EPU) for FY25 was ₹2.94 (basic and diluted), compared to ₹4.30 in FY24.

• Net worth as of March 31, 2025, stood at ₹152,910 million, up from ₹135,404 million a year earlier.

• Total assets increased to ₹747,372 million from ₹496,585 million, reflecting the Elevar acquisition.

• Debt-equity ratio rose to 3.36 from 2.32, reflecting higher leverage post-acquisition.

Outlook and guidance

• The Trust expects continued growth in revenue and cash flows, leveraging the expanded asset base and operational synergies from the Elevar acquisition.

• Management remains focused on optimizing capital structure and maintaining high distribution payouts.