Safaricom has posted a KES 42.8 billion group net profit for its Kenyan and Ethiopian operations for the six months ended September 30, 2025, reports TechMoran.
The profit marks a 52.1% year-on-year increase driven by innovation and community-focused investments.
“We remain focused on executing our strategy through segment-led execution and integrated solutions,” said Group CEO Peter Ndegwa. “It has been 25 years of transforming lives through innovation and community empowerment. We have transformed the lives of over 22 million Kenyans through the Safaricom and M-PESA Foundations.”
The Kenyan subsidiary recorded a 22.6% growth in net income to KES 58.2 billion, a 9.3% rise in service revenue to KES 194.0 billion, and a 13.1% increase in EBIT to KES 89.5 billion. The company’s connectivity revenue (mobile data, voice, messaging, mobile incoming, and other service revenue) reached KES 96.2 billion, while M-PESA contributed KES 88.1 billion and fixed service and IoT revenue totaled KES 9.8 billion. Kenya’s CAPEX stood at KES 34.2 billion.
In Ethiopia, Safaricom’s losses narrowed by 20.1% year-on-year to KES 15.5 billion, despite continued pricing and currency challenges. The Ethiopian unit reported service revenue of KES 6.2 billion, including KES 1.4 billion from voice, KES 4.1 billion from mobile data, KES 93 million from fixed services, and KES 8.7 million from M-PESA. Safaricom Ethiopia’s customer base grew 83.7% to 11.1 million, with CAPEX reaching KES 9.5 billion.
Group-wide, Safaricom reported an 11.1% year-on-year growth in service revenue to KES 199.9 billion, EBITDA of KES 101.3 billion, EBIT of KES 65.2 billion, and total CAPEX of KES 43.7 billion.
