Airtel Africa Plc, a leading provider of telecommunications and mobile money services across 14 African countries, today announced its audited results for the full year ended March 31, 2026.
The Group delivered a landmark financial performance, characterized by robust top-line growth and a significant rebound in profitability.
Financial Performance Highlights
The Group’s financial results reflect strong operational execution despite a challenging macroeconomic environment:
- Total Revenue: Increased by 29.5% to US$6,415 million, up from US$4,955 million in the prior year.
- Profit Before Tax (PBT): Reached a healthy US$1.42 billion.
- Profit After Tax (PAT): Surged by 147.9% to US$813 million, a sharp recovery compared to the previous year.
- Earnings Per Share (EPS): Increased significantly to 18.6 cents, up from 6.0 cents.
- Market Valuation: As of the reporting date, the share price stands at ₦3,323.4 on the Nigerian Exchange (NGX).
Strategic Drivers of Growth
The 29.5% increase in revenue was driven by sustained demand for data and mobile money services across the Group’s footprint. Airtel Africa’s commitment to expanding 4G and 5G infrastructure, coupled with increased financial inclusion through its mobile money platforms, continues to deliver high-margin returns.
The remarkable 148% jump in Profit After Tax highlights the Group’s improved operational efficiencies and a more stable foreign exchange environment compared to the previous fiscal cycle, allowing the company to translate revenue growth into significant shareholder value.
Commenting on the results, the company noted:
“These results are a testament to the resilience of our business model and the immense potential of the African markets we serve.
‘’Surpassing the $6 billion revenue mark and seeing our PAT grow by over 147% demonstrates our ability to navigate headwinds while delivering on our promise of digital and financial inclusion.
‘’Our focus remains on driving further penetration in data and mobile money while maintaining a disciplined capital allocation strategy.”
Outlook
Airtel Africa remains well-positioned to capitalize on the structural growth opportunities across the continent.
With a fortified balance sheet and a growing subscriber base, the Group is confident in its ability to drive sustainable long-term growth and enhanced returns for its investors.