Airtel Africa Q3 net profit jumps over 11-fold YoY to $169 mn on $94-mn exceptional gain, lower finance costs

Bharti Airtel’s Africa business posted an 11-fold profit surge to $169 million in Q3 FY25, aided by currency appreciation and lower finance costs. Revenue grew 2% to $1.26 billion, driven by strong customer additions. Airtel Africa announced a second $100 million share buyback.