Airtel Africa Rebounds With \$661 Million Pre-Tax Profit

Airtel Africa has announced its full-year 2025 financial results for the period ending March 31, 2025, reporting a pre-tax profit of \$661 million, marking a strong recovery from a pre-tax loss of \$63 million in the 2024 financial year.

This represents an extraordinary year-on-year growth of 1,147.8 percent in reported currency.

The company’s profit after tax stood at \$328 million, a significant rebound from the \$89 million loss in the prior period, which was heavily impacted by derivative and foreign exchange losses, especially in Nigeria.

Revenues for the period totaled \$4,955 million, reflecting a 21.1 percent growth in constant currency, though there was a slight decline of 0.5 percent in reported currency due to currency devaluation.

“We have reported another strong operating performance as our strategy continues to deliver against the significant opportunity that exists across our markets. The focus on our refreshed strategy has seen continued investment in the network while also driving improvements in our 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 74.4m, contributing to a 47.5 per cent increase in data traffic over the year. Furthermore, Airtel Money continues to support financial inclusion with customers increasing 17.3 per cent to 44.6 million and an expanding ecosystem underpinning the $136bn 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. This accelerating revenue growth and cost optimisation programme has supported quarterly EBITDA margin expansion during the year,” Taldar stated.

Strong execution and tariff adjustments in Nigeria contributed to sustained growth, with Q4 2025 revenue increasing by 23.2 percent in constant currency and 17.8 percent in reported currency, as currency pressures began to ease.

Airtel Africa’s CEO, Sunil Taldar, commented on the recovery, highlighting that the company achieved strong operational results thanks to its refreshed strategy. This strategy has driven improvements in digital and financial inclusion, supported by significant network investments.