Airtel Africa Plc reported a profit after tax of $376 million for the half year ended September 30, 2025, a 375 percent increase when compared to $79 million in the same period of 2024.
Group revenue grew 25.8 percent to $2.98 billion, up from $2.37 billion in 2024. On a constant-currency basis, revenue increased 24.5 percent, supported by strong growth in Nigeria, East Africa, and Francophone Africa.
Data revenue rose 37.5 percent to $1.16 billion, surpassing voice revenue, which grew 14.5 percent to $1.10 billion. Mobile money revenue increased 33.9 percent to $623 million, driven by higher transaction volumes and customer expansion.
EBITDA rose 33.2 percent to $1.45 billion, with an EBITDA margin of 48.5 percent, up from 45.8 percent a year earlier. Operating profit grew 35.9 percent to $959 million.
Finance costs declined 42.6 percent to $304 million, compared with $528 million in 2024, due to reduced foreign exchange losses and derivative gains of $90 million in Nigeria and Francophone markets.
Profit before tax stood at $656 million, up from $178 million in 2024. Earnings per share increased to 8.3 cents, from 0.8 cents last year.
Net cash generated from operating activities rose 41.8 percent to $1.39 billion, while operating free cash flow advanced 46.5 percent to $1.13 billion. Net debt remained at $5.51 billion with leverage improving to 2.1x from 2.3x a year earlier.
The Group’s total customer base grew 11 percent to 173.8 million, with data customers up 18 percent to 78.1 million and mobile money subscribers rising 20 percent to 49.8 million. Average revenue per user increased 14.8 percent to $2.9.
Airtel Africa said the results reflected stronger operating momentum, improved cost control, and sustained growth in data and mobile money segments across its markets.