Airtel Africa has announced a strong financial turnaround for the fiscal year ending March 31, 2025, posting a pre-tax profit of $661 million. This marks a dramatic shift from the $63 million pre-tax loss recorded in the 2024 financial year—representing a staggering 1,147.8% year-on-year growth in reported currency.
The company also recorded a profit after tax of $328 million, reversing a $89 million loss from the previous year. The prior year’s results were largely impacted by foreign exchange and derivative losses, particularly in Nigeria.
Revenue for the year hit $4.96 billion, up 21.1% in constant currency. However, in reported currency, revenue declined slightly by 0.5%, largely due to currency devaluation pressures. In Nigeria, where tariff adjustments and strong operational execution took effect, Q4 2025 revenue rose by 23.2% in constant currency and 17.8% in reported terms—signaling easing currency headwinds.
CEO of Airtel Africa, Sunil Taldar, credited the company’s refreshed strategy and continued network investments for the impressive performance. “We’ve delivered another robust operating result as our strategy continues to capture significant market opportunities,” he said.
Taldar highlighted a 20% increase in smartphone users, reaching 74.4 million, and a 47.5% rise in data traffic. Airtel Money also saw notable growth, with users increasing by 17.3% to 44.6 million and total transaction value rising 32% in constant currency to $136 billion.
“Improved operating conditions and disciplined execution fueled the momentum in Q4, where revenue growth peaked at 23.2% in constant currency,” Taldar added. “Tariff changes in Nigeria and our cost optimization efforts contributed to EBITDA margin growth throughout the year.”
Post a Comment