Airtel Africa Sees Significant Increase in FY26 Profit to USD 813 Million

Airtel Africa Sees Two-Fold Jump in Profit to $813 Million in FY26

Bharti Airtel's African arm, Airtel Africa, has reported a significant two-fold jump in its profit to $813 million (approximately Rs 7,700 crore) for the fiscal year 2026. The company attributed the increase to tariff adjustments in Nigeria and foreign exchange gains.

Airtel Africa, which operates in 14 African countries, had posted a profit after tax (PAT) of $328 million in the preceding financial year. The company's profit after tax in the current period was driven by higher operating profit and derivative and foreign exchange gains of $127 million, compared to $179 million derivative and foreign exchange losses in the prior period.

Key Financial Highlights for Airtel Africa FY26

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The company's revenue increased by 29.5% to $6.4 billion in FY26 from $4.9 billion in FY25. However, the growth was 24% on a constant currency basis. Airtel Africa's customer base has also seen significant growth, with Airtel Money's customer base increasing by 21.3% year-on-year to 54.1 million, and transacting customers increasing by 74% in FY26.

Airtel Money's annualised total processed value grew by 49% to over $215 billion in reported currency in Q4FY26. The company plans to list Airtel Money in the second half of 2026.

Airtel Africa's capex for the year increased by 31.9% to $884 million, in line with the company's plans to scale up to $1.1 billion in the current financial year. The company has rolled out over 3,250 new sites and expanded its fibre network by approximately 3,200 kilometres to 81,900 kilometres.

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For FY27, the company has set a capex guidance of approximately $1.1 billion, reflecting accelerated investment to expand coverage and capacity, while also investing in home broadband (HBB) and data centres, as it reinforces its strategy to scale digital infrastructure to meet rising demand.