THE PENINSULA
Doha, Qatar: Vodafone Qatar yesterday announced its financial results for the three months ended 31 March 2025highlighting the sustained growth and consistent enhancement in the Company’s financial and operational performance.
Vodafone Qatar continued its growth momentum in Q1 2025, reporting a net profit of QR162m for the three months ended 31 March 2025, representing an increase of 8.1% year-on-year.
Total revenue for the period increased by 6.1% year-on-year reaching QR855m due to sustained growth across all core business segments, including mobility, fixed broadband services, managed services, Internet of Things (IoT), handsets and others. Service revenue grew by 2.5% to QR721m.
EBITDA for the period increased to QR 358million, reflecting a growth of6.1% year-on-year, positively impacted by the higher service revenue and the continued effectiveness in implementing the Company’s cost optimisation programme. EBITDA margin remained stable at 41.9%. Vodafone Qatar is now serving 2.1 million mobile customers.
Lastly, the Company achieved a notable return on equity (ROE) of 12.7% in Q1 2025 (annualised), reflecting an increase of 0.7ppts compared to the previous year. This result underscores the Company’s continued commitment to delivering sustainable value to its shareholders.
