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HomeInvestmentVodafone Qatar Nine-Month Profit Rises 23.7% to QR611 Million as Service Revenue...

Vodafone Qatar Nine-Month Profit Rises 23.7% to QR611 Million as Service Revenue Grows 8.1%

Vodafone Qatar’s net profit rose 23.7% to QR611 million in the first nine months of 2026 from a year earlier, the telecom operator said on Sunday.

Service revenue climbed 8.1% to QR2.4 billion, and total revenue grew 4.7% to QR2.7 billion in the period ended September 30, the company said in a statement reported by Mubasher.

Customers inside a Vodafone Qatar retail store
Customers and staff inside a Vodafone Qatar store in Qatar. Undated file photo. Photo: Mubasher

Earnings before interest, tax, depreciation and amortization (EBITDA) rose 10.9% to QR1.2 billion.

The EBITDA margin widened by 2.5 percentage points to 45%, which the company attributed to service revenue growth and continued cost optimization.

The net profit margin rose by 3.5 percentage points to 22.6%.

Operating free cash flow was QR669 million for the nine months.

Mobile subscribers increased 1.2% from a year earlier to 2.1 million.

Annualized return on equity was 15.1%, up 1.5 percentage points.

Vodafone Qatar had reported first-half net profit of QR400.91 million, up 22% from QR328.63 million a year earlier.