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Airtel Africa Plc has reported a significant 405.9% year-on-year increase in its Q1-26 profit after tax to USD155.78 million, driven by a strong uptick in operating income and a decline in total finance costs.
The company’s group revenue grew by 22.4% year-on-year, reflecting the impact of higher mobile tariffs in Nigeria and steady improvement in the Francophone Africa region.
According to the company’s financial submitted to the NGX on Thursday for verification, revenue growth was broad-based, with increases in voice (+11.9% y/y), data (+34.1% y/y), mobile money (+31.0% y/y), and other (+8.7% y/y) revenue lines.
Airtel Africa’s EBITDA grew by 29.8% year-on-year, leading to a 276 basis points increase in EBITDA margin to 48.0%. The company’s profit before tax also surged by 268.5% year-on-year to USD272.69 million.
The strong performance was driven by expanding subscriber base, higher ARPUs, and disciplined cost management.
The company’s mobile money revenue was fueled by an expanded distribution network, increased customers, and higher transaction value. Hike, Subscriber Growth
