Earnings call transcript: Telkom Indonesia posts solid Q3 2026 growth, shares slip By Investing.com

Telkom Indonesia reported nine-month 2026 revenue of 113.5 trillion rupiah, up 3.5% year on year, alongside normalized net income rising 3.9% to 16.5 trillion rupiah. The company attributed results to stronger mobile data demand and ongoing portfolio adjustments. Despite the growth, the stock slid to $0.67 from $0.70 the prior close, down about 4.3%, leaving shares at the bottom of their 52-week range. Normalized income increased after adjusting for one-off items, while EBITDA margin fell to 48.9%, below management’s target of above 50%, mainly due to IndiHome cleansing costs and ERP spending. Free cash flow to equity was 39.9 trillion rupiah, supporting elevated shareholder returns, with full-year guidance unchanged.