Airtel Africa has launched its full-year 2025 {financial} report for the interval ended March 31, 2025, reporting a pre-tax revenue of $661 million, in comparison with a pre-tax lack of $63 million within the 2024 {financial} 12 months.
Revenue after tax stood at $328 million, enhancing from a $89 million loss within the prior interval; which was considerably impacted by spinoff and overseas trade losses, primarily in Nigeria.
Revenues of $4,955 million grew by 21.1% in fixed forex however declined by 0.5% in reported forex on account of forex devaluation.
Sturdy execution and tariff changes in Nigeria contributed to an additional quarter of accelerating progress, with This autumn 2025 income progress of 23.2% in fixed forex, and 17.8% in reported forex, as forex headwinds eased.
Commenting on the outcomes, Sunil Taldar, Chief Government Officer, acknowledged:
“We have now reported one other robust working efficiency as our technique continues to ship in opposition to the numerous alternative that exists throughout our markets.
An enhancing working setting and targeted execution contributed to robust momentum in our {financial} outcomes, with fixed forex income progress peaking at 23.2% in This autumn’25. A part of this acceleration within the final quarter has additionally been pushed by the Nigerian tariff adjustment.”
Airtel Africa’s efficiency for the 12 months ended 31 March 2025 highlights robust operational progress.
Income in fixed forex grew by 21.1%, however in reported forex, it declined marginally by 0.5%, primarily on account of sharp forex devaluations in Nigeria, Malawi, and Zambia.
Notably, the Nigerian naira fell from a median of N781/$ to N1,531/$, considerably impacting reported outcomes.
Airtel delivered robust fundamentals:
Voice providers stay the most important income contributor at 39.64%, adopted intently by knowledge at 36.41%. Whereas voice nonetheless leads, the narrowing hole signifies a shift towards data-led progress pushed by rising smartphone use and knowledge consumption.
Underlying EBITDA rose by 18.1% in fixed forex. Nevertheless, in reported forex, EBITDA margins declined by 228 foundation factors to 46.5%, primarily as a result of naira depreciation and elevated gas prices in Nigeria.
Encouragingly, margins recovered via the 12 months, rising from 45.3% in Q1 2025 to 47.3% in This autumn 2025, due to early beneficial properties from price effectivity initiatives and a extra steady working setting.
Revenue earlier than tax stood at $661 million, in comparison with the $63 million loss in 2024.
A major drop in web finance prices down 51.7% to $822 million from $1.703 billion in 2024 helped. Of the $822 million complete finance price:
Airtel Africa strengthened its stability sheet by:
To higher mirror its debt place, the corporate launched a lease-adjusted leverage metric. This elevated from 0.7x to 1.0x, reflecting naira devaluation and lease-related debt.
Airtel Africa stays probably the most helpful inventory on the Nigerian Change (NGX), with a market capitalization of N8.11 trillion. As of Could 8, 2025, its share value stood at N2,156.90, reflecting a flat year-to-date efficiency.



