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
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[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.
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