MTN Nigeria Plc Q2 2025: Steady Growth and Strong Financials

MTN Nigeria Plc reported solid financial results for Q2 2025, reflecting stable growth and operational resilience. The company’s revenue increased by 8% year-on-year to ₦390.4 billion, up from ₦361.8 billion in Q2 2024, driven by higher subscriber growth and data usage. Service revenue grew 7.5% to ₦368.7 billion, supported by expanded data monetization. EBITDA rose 10% to ₦190.2 billion, representing a margin of 48.7%, slightly up from 47.9% in the prior year. Profit before tax reached ₦102.3 billion, an 11% increase from ₦92.1 billion in Q2 2024. After tax and minority interests, net profit totaled ₦76.8 billion, up 13% year-on-year. Earnings per share improved to ₦3.12 from ₦2.76 previously. Capital expenditure stood at ₦65.7 billion, reflecting continued investment in network expansion. MTN Nigeria’s subscriber base grew by 5% to 77.4 million, enhancing ARPU and service adoption. Overall, the company maintained robust financial health and steady momentum into mid-2025.