For the quarter that ended on June 30, 2025, Airtel Africa Plc reported a profit after tax of $156 million, which represents a substantial 408.1 percent increase over the $31 million reported during the same period the previous year.
This was revealed by the company in its unaudited financial results, which were made public to the Nigerian Exchange Limited on Thursday.
Strong demand across its markets, increased cost effectiveness, and a reduction in currency headwinds, according to the telecom and mobile money services provider, were the main drivers of the expansion.
Airtel Africa’s revenue increases by 22.4% to $1.42 billion
Revenue increased by 22.4 percent in reported currency to $1.42 billion, and operating profit increased by 33 percent to $446 million. Converted to constant currency, revenue increased by 24.9 percent.
“Our total customer base grew by 9 percent to 169.4 million, with data customers increasing 17.4 percent to 75.6 million,” the company stated.
Growth in mobile money services
The business also saw significant growth in its mobile money services, as evidenced by the Airtel Money platform’s 16.1 percent increase in customer base to 45.8 million and its 35 percent annualized transaction value increase to $162 billion. Revenue from mobile money increased by 30.3 percent in constant currency.
Profits before interest, taxes, depreciation, and amortization increased by 29.8 percent to $679 million, and the EBITDA margin increased from 45.3 percent to 48 percent over the previous year.
Chief Executive Officer of Airtel Africa, Sunil Taldar, said, “We are very pleased with the strong growth in our operating and financial performance in the first quarter. The strength of this performance and the scale of the growth we achieved reflect the sustained demand for our services and the strength of our business model to meet these demands.”
Addition of 2,300 new sites
Additionally, the company reported that it added 2,300 new locations during the quarter, bringing its total to 37,579 locations and raising the percentage of people with 4G coverage to 74.7 percent. The percentage of people using smartphones increased to 45.9 percent in all markets.
Due to timing discrepancies, the quarter’s capital expenditure was $121 million, less than the prior period. The company stuck to its $725–750 million full-year capital expenditure guidance.
Additionally, Airtel Africa reported that 95 percent of its operating company debt is now denominated in local currencies, up from 86 percent the previous year, as part of its ongoing debt localisation strategy.