Vodafone Qatar has announced its financial results for the three months ended 31 March 2025, demonstrating sustained growth and consistent improvement in both financial and operational performance.
Key highlights for Q1 2025 compared to Q1 2024 include:
- Total Revenue increased by 6.1% to QR 855 million
- Service Revenue rose by 2.5% to QR 721 million
- EBITDA grew by 6.1% to QR 358 million
- EBITDA margin remained stable at 41.9%
- Net Profit surged by 8.1% to QR 162 million
- Total Mobile customers reached 2.1 million subscribers
Vodafone Qatar continued its positive growth trend in Q1 2025, reporting a net profit of QR 162 million, marking an 8.1% increase year-on-year. Total revenue for the period climbed by 6.1%, reaching QR 855 million, driven by growth across core business areas such as mobility, fixed broadband services, managed services, IoT, and handset sales. Service revenue also saw a rise of 2.5%, reaching QR 721 million.
EBITDA for the period increased to QR 358 million, reflecting a growth of 6.1% compared to the same quarter in the previous year, driven by higher service revenue and ongoing cost optimization efforts. The EBITDA margin remained stable at 41.9%.
Vodafone Qatar now serves 2.1 million mobile customers. Additionally, the company achieved a return on equity (ROE) of 12.7% in Q1 2025 (annualized), reflecting an increase of 0.7 percentage points compared to the prior year, demonstrating Vodafone Qatar’s continued commitment to generating sustainable value for its shareholders.
