Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) posted 15.50% year-on-year (YoY) higher net profits at AED 834.17 million in the first quarter (Q1) of 2026.
The quarterly profits were compared with AED 722.49 million in Q1-25, according to the financial results.
Similarly, the total revenues jumped by 6.90% YoY to AED 4.11 billion from AED 3.84 billion.
Basic and diluted earnings per share (EPS) climbed to AED 0.18 as of 31 March 2026 from AED 0.16 in Q1-25.
March was impacted by an unusual convergence of external factors, including regional geopolitical developments. However, the telecom group delivered resilient financial performance in Q1-26, with a record EBITDA margin of 49.50%.
This strong performance was supported by uninterrupted network operations and solid underlying fundamentals, demonstrating the resilience of du’s business model in a highly atypical operating environment.
CEO Fahad Al Hassawi commented: "March presented a change in the operating environment, that resulted in significant reduction of tourist inflows and inbound roaming activity, some pressure on gross subscriber additions, and short-term ARPU softness as both consumers and businesses moderated discretionary spending.”
“We also observed shifts in usage patterns toward fixed connectivity as remote working and learning increased. Throughout, our operations remained fully resilient, and our teams delivered uninterrupted service to customers across the UAE following the activation of our business continuity plans,” Al Hassawi noted.
In 2025, du achieved higher net profits after tax at AED 2.90 billion, versus AED 2.48 billion in 2024.
