Airtel Africa's Profit Jumps 20.5% to $452 Million in 2026

Airtel Africa Plc (NGX: AIRTELAFRI) announced a 20.5% increase in profit after tax to $452 million for the six months ended September 30, 2026. The results, released on October 30, 2026, indicated a revenue rise of 28.2% to $3.823 billion, up from $2.982 billion in the same period of 2025.

Operating profit increased by 34.2% to $1.286 billion, while underlying EBITDA rose by 32.8% to $1.921 billion. The Nigerian business saw a revenue growth of 24.4% in constant currency during the second quarter of the 2027 financial year, with data revenue growing by 28%.

The total customer base increased by 11.6% to 193.9 million. Despite these gains, net finance costs rose to $477 million from $304 million, influenced by a $37 million cost related to a commercial dispute settlement.

Basic earnings per share increased to 10.2 US cents from 8.3 US cents. The company also reported lower derivative and foreign-exchange gains compared to the previous year.