SUBSCRIBERS

Singtel Q1 profit soars 317.4% to S$2.9 billion on exceptional gains of S$2.2 billion

Its underlying net profit rises 13.9% on the year to S$686 million, from S$603 million

Therese Soh
 Young Zhan Heng
Published Wed, Aug 13, 2025 · 08:50 AM
    • The bottom-line growth came as the telco recorded exceptional gains amounting to around S$2.2 billion, primarily from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger.
    • The bottom-line growth came as the telco recorded exceptional gains amounting to around S$2.2 billion, primarily from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger. PHOTO: BT FILE

    [SINGAPORE] Singtel on Wednesday (Aug 13) posted a higher net profit for its first quarter ended Jun 30, 2025, at S$2.9 billion, up 317.4 per cent from S$690 million in the year-ago period.

    The bottom-line growth came as the telco recorded exceptional gains amounting to around S$2.2 billion, primarily from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger.

    Meanwhile, Singtel’s underlying net profit rose 13.9 per cent on the year to S$686 million, from S$603 million.

    Copyright SPH Media. All rights reserved.