Emtel, a leading telecommunications operator in Mauritius, has reported a 29.9% increase in after-tax profit for the nine months ended September 30, 2026. The company's after-tax profit from continuing operations rose to Rs 488 million, driven by a growth in revenue and cost management. Emtel's revenue reached Rs 3.23 billion, up 8.8% from the same period in 2025. The company's EBITDA also increased by 10.2% to Rs 1.63 billion, with a margin of 50.5%.
The growth in revenue was primarily driven by recurring service revenues, which include mobile telephony, home internet, and enterprise solutions, totaling Rs 2.98 billion. Non-service revenues, comprising equipment sales and tower rentals, contributed Rs 253 million to the company's top line. Emtel's CEO, Marcelo Aleman, attributed the company's strong performance to the execution of its strategy and cost management.
Emtel's board of directors has approved a final dividend of Re 0.77 per share, payable in December. Shareholders will have the option to reinvest their dividends in new ordinary shares through the Scrip Dividend Scheme, which will be issued at a 3% discount to the market price. This scheme allows shareholders to increase their investment in the company without incurring brokerage fees.
The Scrip Dividend Scheme is designed to enable shareholders to benefit from the company's growth while allowing Emtel to retain liquidity for future investments. Marcelo Aleman emphasized that the retained liquidity will support the company's development and strategic investments. Shareholders will receive a form to communicate their choice, and those who do not respond will automatically receive their dividend in cash.
Looking ahead, Emtel plans to maintain its strategic investments while focusing on cost management, operational efficiency, and customer service quality. The company's board of directors will adopt a prudent approach to capital expenditure management in the face of economic uncertainty. Emtel's strong performance over the nine-month period reflects its ability to navigate the market effectively.
Emtel's financial performance over the past year has been impressive, with a 34% increase in profit reported for the first half of 2026. The company's revenue also surpassed the Rs 1 billion mark in the first quarter of 2026. Marcelo Aleman's leadership has been instrumental in driving Emtel's growth, and his strategy has yielded positive results.
Emtel's commitment to delivering value to its shareholders and customers is evident in its financial performance and strategic initiatives. The company's focus on innovation, customer satisfaction, and cost management has positioned it for continued growth in the telecommunications sector in Mauritius. With a strong foundation in place, Emtel is well-equipped to navigate future challenges and opportunities.
Key points
- Emtel's after-tax profit surged 29.9% to Rs 488 million for the nine months ended September 30, 2026.
