Abu Dhabi – Mubasher: Emirates Telecommunications Group (e&) generated consolidated net profits attributable to the shareholders valued at AED 2.88 billion in the first quarter (Q1) of 2026.
The quarterly profits were lower year-on-year (YoY) than AED 5.35 billion, according to the interim consolidated financial results.
Meanwhile, the revenues jumped by 15.10% YoY to AED 19.41 billion in Q1-26 from AED 16.86 billion.
Basic and diluted earnings per share (EPS) fell to AED 0.33 as of 31 March 2026 from AED 0.62 in Q1-25.
Group CEO of e&, Masood Sharif Mahmood, said: “Despite economic and regional changes, our agile business model has proven e&’s inherent strength and great ability to navigate challenges. Our proactive risk-preparedness approach and international diversification have enabled us to maintain our growth momentum in our home market and internationally; a testament to e&’s agility and resilience in operating under adverse circumstances.”
The telecom group closed 2025 with 33.60% YoY higher net profits at AED 14.36 billion, compared to AED 10.75 billion.
