Emtel has demonstrated that its accelerated investment in strategic projects over the past three years is now paying off, with financial results confirming a sustained growth trajectory quarter after quarter. The telecommunications industry leader posted revenues of Rs 1.97 billion for the first six months of 2025, representing a 10.8% increase compared to the same period in 2024. Operational efficiency improvements, customer base growth, greater adoption of diversified services, and Emtel’s ongoing investments in state-of-the-art infrastructure, emerging technologies, and talent have all contributed to this steady upward trend. These efforts are enabling the company to generate new revenue streams while maintaining a disciplined cost structure.
EBITDA margin on net revenue rose by 248 basis points, with EBITDA for the six months ending 30 June 2025 jumping 15.7% to reach Rs 963 million. Boosted by optimised cost management and greater operational scale, operating profit increased by 20% to Rs 480 million. Emtel’s underlying profit before tax stood at Rs 355 million, marking a 28.2% rise compared to the same period last year.
According to Chief Executive Officer Kresh Goomany, Emtel’s strategy is to drive growth through innovation, particularly by leveraging cutting-edge digital infrastructure powered by next-generation technologies such as artificial intelligence, local cloud solutions, cybersecurity, and satellite technology.
The introduction of new features enabling easier digital payments for both users and merchants has fuelled notable growth for Emtel’s Fintech app, blink, doubling both the number and value of transactions processed on the platform.
“Through rigorous execution and a constant focus on value creation, we remain confident in our ability to deliver sustainable, long-term returns to our investors,” said Kresh Goomany.
Since its stock market listing, Emtel has distributed two dividends to its shareholders, underscoring its commitment to delivering shareholder value. On 8 May 2025, the company’s Board of Directors approved an interim dividend for the financial year ending 31 December 2025 of Rs 0.77 per share, totalling Rs 350.7 million, which was paid on 16 June 2025.
Following the disposal of a 25.15% effective stake in MC Vision, Emtel recorded a gain of Rs 1.62 billion from this transaction. This consisted of a disposal profit of Rs 898 million and a fair value gain of Rs 727 million on the remaining 22.5% stake, which is expected to be sold by year-end. The positive impact of this media transaction has increased the company’s total equity to Rs 1.22 billion, further strengthening Emtel’s financial position.
This latest strong financial performance reflects the resilience of Emtel’s business model and its cost efficiency, while also showcasing the company’s ability to expand its market presence. By prioritising continued investment, particularly in advanced infrastructure and emerging technologies, the leading telecom operator is creating new revenue streams and opening additional avenues for growth.
Confirming that the second half of 2025 has also started on a strong note, CEO Kresh Goomany stated: “We are committed to strengthening our position as a forward-looking digital player, creating value in the consumer, residential, and enterprise segments, including Fintech services. We are stepping up efforts in customer growth, operational excellence, and scalable digital platforms.”
Highlighting a key milestone reached on 29 May when Emtel proudly joined the Stock Exchange of Mauritius Sustainability Index (SEMSI), Kresh Goomany also revealed: “We achieved 5G coverage for 90% of the island’s population by the end of June, illustrating the significant progress we’ve made under our ongoing network infrastructure expansion strategy, positioning Emtel as one of the leaders in digital transformation.”
