Airtel Africa has reported a strong financial turnaround in its full-year results for the period ending March 31, 2025, posting a pre-tax profit of $661 million.

This is a sharp contrast to the $63 million pre-tax loss recorded in the previous fiscal year. This represents a remarkable 1,147.8% year-on-year growth in reported currency.

The telecommunications group also returned to profitability after tax, recording a net profit of \$328 million compared to a \$89 million loss in the 2024 financial year. The prior year’s results had been significantly impacted by derivative losses and foreign exchange volatility, particularly in Nigeria.

Revenue for the year stood at \$4.96 billion, reflecting a 21.1% increase in constant currency terms. However, in reported currency, revenue dipped slightly by 0.5% due to the impact of currency devaluation across some of its markets.

Airtel’s performance in Nigeria — its largest market — was a key driver of growth. The company reported a Q4 2025 revenue increase of 23.2% in constant currency and 17.8% in reported currency, supported by recent tariff adjustments and a gradually improving foreign exchange environment.

Chief Executive Officer Sunil Taldar described the year’s results as evidence of the company’s successful execution strategy across its African footprint.

“We have reported another strong operating performance as our strategy continues to deliver against the significant opportunity that exists across our markets,” Taldar said. “An improving operating environment and focused execution contributed to strong momentum in our financial results, with constant currency revenue growth peaking at 23.2% in Q4’25. Part of this acceleration in the last quarter has also been driven by the Nigerian tariff adjustment.”

Airtel Africa continues to operate across 14 countries, providing mobile voice, data, and mobile money services to over 140 million customers.