Airtel Africa has reported Airtel Africa has reported a profit after tax of $328 million for the year ended March 31, 2025.
The profit showed a significant improvement from the $89 million posted in the corresponding period of 2024, owing for foreign exchange in Nigeria.
Airtel Africa reported revenues of $4.95 billion, a 21.1 per cent increase in constant currency terms, but a 0.5 per cent decline in reported currency, reflecting the impact of devaluations in some markets. Revenue from Nigeria stood at $1.05 billion, down 30.47 per cent from $1.50 billion in the previous year
In the financial report, Airtel Africa noted that strong execution and the tariff adjustments in Nigeria contributed to a further quarter of accelerating growth, with Q4’25 revenue growth of 23.2 per cent in constant currency, and 17.8 per cent in reported currency as currency headwinds eased.
Across the Group, mobile services revenue grew by 19.6 per cent in constant currency, driven by voice revenue growth of 10.6 per cent and data revenue growth of 30.5 per cent. Mobile money revenue grew by 29.9 per cent in constant currency.
The firm’s underlying EBITDA declined by 5.1 per cent in reported currency to $2,304 million with underlying EBITDA margins of 46.5 per cent compared to 48.8 per ceent in the prior year, impacted by increased fuel prices and the lower contribution of Nigeria to the Group.
“However, following a more stable operating environment and benefits from our cost efficiency programme, underlying EBITDA margins have expanded from 45.3 per cent in Q1 ’25 to 47.3 per cent in Q4’25,” the firm stated.
Airtel Africa grew its customer base by 8.7 per cent to 166.1 million, with focus on digital inclusion supporting a 4.3 per cent increase in smartphone penetration to 44.8 per cent.
The firm’s data customers increased by 14.1 per cent to 73.4 million, with data usage per customer increasing by 30.4 per cent to 7.0 GB, supporting data ARPU growth of 15.4 per cent in constant currency.
Minister harps on consumer protection as Airtel unveils AI spam alert services
The firm noted that continued investment in the Airtel Money agent network, enhanced digital offerings and expanded use cases contributed to a 17.3 per cent increase in mobile money subscribers to 44.6 million and a 11.4 per cent growth in constant currency ARPU.
According to it, in Q4 ’25, transaction value increased by 34 per cent in constant currency with annualised transaction value of $145 billion.
Airtel said its strategic focus on great customer experience was underpinned by sustained network investment with the rollout of 2,583 new sites and approximately 3,300 kms of fibre, supporting increased data capacity across the region.
The firm said Capex of $670 million was below its guidance, primarily reflecting a deferral of data centre investment, saying Capex guidance for the next year is between $725 million and $750 million as it continues to invest for future growth.
Commenting Chief Executive Officer, Sunil Taldar, said the firm reported another strong operating performance as its strategy continues to deliver against the significant opportunity that exists across our markets.
Taldar said the focus of the firm’s strategy has seen continued investment in the network while also driving improvements in digital platforms and offerings to further enhance the customer experience.
“This has enabled increased digital inclusion with a further 20 per cent growth in our smartphone customers to 74.4 million, contributing to a 47.5 per cent increase in data traffic over the year.
“Further, Airtel Money continues to support financial inclusion with customers increasing 17.3 per cent to 44.6 million and an expanding ecosystem underpinning the $136 billion transaction value, which increased 32 per cent in constant currency.
“An improving operating environment and focused execution contributed to strong momentum in our financial results, with constant currency revenue growth peaking at 23.2 per cent in Q4 ’25. Part of this acceleration in the last quarter has also been driven by the Nigerian tariff adjustments.”
