Vodafone Qatar nine month profit jumps 23.7% to QR611 mn
Tribune News NetworkDohaVodafone Qatar announced its consolidated financial results for the nine months ended 30 September 2026, reflecting solid business performance and continued...
Vodafone Qatar reported a significant increase in its profits for the nine months ending September 30, 2026, with the net profit jumping 23.7% to QR 611 million. This growth was driven by a diversified portfolio and disciplined cost management, highlighting the company's commitment to delivering sustainable value for shareholders.
Service revenue grew by 8.1% year-on-year to QR 2.4 billion, with total revenue reaching QR 2.7 billion, marking a 4.7% increase. The company now serves 2.1 million mobile customers, an 8.1% year-on-year increase. EBITDA grew by 10.9% to QR 1.2 billion, with the EBITDA margin expanding by 2.5 percentage points to 45%. The underlying EBITDA margin, excluding equipment, reached 49.5%.
Operating free cash flow for the period was QR 669 million, demonstrating the company's ability to convert earnings into cash while investing in its business. Net profit margin increased to 22.6%, up 3.5 percentage points from the same period last year. This performance resulted in an annualized return on equity (ROE) of 15.1%, a 1.5 percentage point increase compared to FY 2025.
Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
