Airtel Africa Delivers Strong Results, Nets $661m Pre-Tax Profit

Airtel Africa has reported a robust financial turnaround, posting a $661 million pre-tax profit for the fiscal year ending March 2025, signaling renewed investor confidence and operational resilience across its key markets.

The telecommunications giant, which operates in 14 African countries, attributed the strong performance to improved data revenue, strategic cost optimization, and currency stabilization in select markets. The rebound marks a significant recovery from the previous fiscal year, when the company faced foreign exchange headwinds and regulatory challenges that weighed heavily on its earnings.

In its latest financial statement released on Tuesday, Airtel Africa said total revenue rose by 9.3% in constant currency terms, driven by double-digit growth in data and mobile money segments.

“Our disciplined execution and continued investment in network expansion and digital infrastructure have enabled us to return to strong profitability,” said Segun Ogunsanya, CEO of Airtel Africa. “This result reflects our resilience and the rising demand for digital connectivity across the continent.”

Data revenue grew by 17.8%, accounting for a major share of the overall earnings, while mobile money services continued to expand, especially in East Africa, contributing to a 19.5% increase in transaction volume year-over-year.

The company also reduced its net debt position, improving its leverage ratio and boosting liquidity—key factors that contributed to its positive earnings outlook.

Market analysts see the rebound as a pivotal moment for the telco, especially as it prepares for further infrastructure investments and the rollout of 5G services in select regions.

Airtel Africa’s shares on the London Stock Exchange climbed 4.1% in early trading following the earnings announcement, reflecting strong market approval.

With a renewed focus on digital transformation and inclusive connectivity, Airtel Africa says it is poised for sustained growth despite macroeconomic challenges in parts of the continent.

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