Dubai: Emirates Integrated Telecommunications Company PJSC (du) reported its financial results for the second quarter of 2025. Continuing the positive momentum established in the first quarter, the company's revenues increased by 8.6% year-over-year, reflecting strong performance across all business segments and solidifying its market position.
According to Emirates News Agency, EBITDA rose by 16.4%, resulting in an EBITDA margin of 46.8%, a 3.1 percentage points improvement year-over-year. This growth was driven by du's strategic focus on value-driven products and disciplined cost management. This operational excellence translated into a net profit increase of 25.1%. In recognition of these strong financial results, the Board has approved an interim cash dividend of AED 0.24 per share, representing an increase of 20% year-over-year.
Revenues surged by 8.6% year-over-year, reaching AED 3.9 billion, marking strong performance across both service and non-service revenues. This underscores the continued momentum in du's core business and the successful execution of its revenue diversification strategy. Mobile revenues climbed by 7.7% year-over-year to AED 1.7 billion, reflecting sustained growth in the customer base and the success of targeted propositions and marketing campaigns. The optimised use of digital and retail channels enhanced customer acquisition and engagement, further fueling revenue momentum.
Fixed revenues rose by 10.1% year-over-year, reaching AED 1.1 billion, mainly driven by the ongoing expansion in the Home Wireless and Fibre customer base. 'Other revenues' recorded an 8.8% year-over-year growth to AED 1.1 billion, buoyed by higher inbound roaming and interconnection revenues, reflecting an expanded Mobile base, higher handset sales, and growth in ICT revenues aligning with du's strategic ambition to broaden revenue streams beyond traditional connectivity.
EBITDA grew by 16.4% to AED 1.8 billion, with the EBITDA margin improving by 3.1 points year-over-year to 46.8%. The uplift was fuelled by a stronger gross margin, mainly benefiting from a more favorable mix, with continued migration toward unlimited data plans. Net Profit rose by 25.1% year-over-year to AED 727 million, delivering a Net Profit margin of 18.6%. This reflects the strength of du's operational performance and a clear focus on value creation for shareholders.
Capex reached AED 545 million, representing a capex intensity of 14.0%. This increase reflects du's commitment to scaling its data centre capabilities and supporting long-term digital infrastructure growth. Malek Al Malek, Chairman, stated that the strong performance reflects the effective delivery of a focused strategy, underpinned by a favorable economic environment and a commitment to business excellence. Fahad Al Hassawi, CEO, highlighted the impressive performance in the second quarter, fueled by the meticulous execution of du's strategy and consistent growth across every aspect of operations.
