Telstra has announced 31% increase in net profit after tax to A$2.343 billion (US$1.528 billion) for the 2025 financial year (FY25).
Australia’s largest telecommunications company said the lift in profit was struck on a 0.9% lift in revenue and other income to $23.61 billion in the 12 months to 30 June 2025.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 14.3% to $8.607 billion.
Directors declared a final fully franked dividend of 9.5 cents per share to be paid on 25 September to shareholders registered on 28 August, bringing the FY25 dividend to a fully franked 19 cents per share, compared with 18 cents in FY24.
CEO Vicki Brady said FY25 was a strong year for Telstra as it continued to deliver for customers and shareholders.
“We delivered our fourth consecutive year of underlying growth, reflecting momentum across our business, strong cost control and disciplined capital management,” Brady said in an ASX announcement.
Reported growth was stronger than underlying growth because of significant one-off net costs of $715 million in the prior year, mostly related to impairments and restructuring associated with the reset of its Telstra Enterprise business.
“Our underlying growth more accurately reflects our financial performance compared to the prior period, excluding significant one-off items and other adjustments,” she said.
Telstra grew underlying EBITDA across its Mobiles, Fixed Consumer & Small Business, Fixed Enterprise, InfraCo Fixed and Amplitel businesses.
The mobile business continued to perform well with EBITDA growth of $235 million, driven by higher average revenue per user (ARPU) and customers continuing to choose its network and the value it provides. Mobile services revenue grew by 3.5%.
Telstra provided guidance that it would report EBITDA after lease amortisation of $8.15 billion to $8.45 billion for FY26, up from $8.02 billion in FY25.
Telstra (ASX: TLS) had closed one cent higher at $4.97 on Wednesday, capitalising the company at $56.70 billion.
Telstra provides mobile networks, fixed-line services, data and internet for households and businesses, television and entertainment bundles, and enterprise and government technology solutions.
