Dialog Axiata PLC announced its consolidated financial results for the year ending December 31, 2025, on February 6, 2026. The results reflect both the performance of Dialog Axiata PLC and the Dialog Axiata Group.

Group Performance
The Group recorded robust performance across its Mobile, Fixed Line, and Digital Pay Television sectors, achieving a 16% year-to-date (YTD) growth in Core Revenue. Group Headline Revenue rose to Rs179.6 billion, marking a 5% increase YTD, despite a strategic reduction in low-margin international wholesale business. In the fourth quarter of 2025, revenue increased by 2% quarter-on-quarter (QoQ) and year-on-year (YoY) to Rs46.5 billion.

Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) reached Rs86.0 billion, a 30% increase YTD, supported by Core Revenue growth and cost re-scaling initiatives. The fourth quarter saw a moderate EBITDA growth to Rs23.0 billion, with a margin of 49.5%, aligning with revenue performance. For the fiscal year 2025, the Group’s EBITDA margin was 47.9%, up 9.2 percentage points.

Net Profit After Tax (NPAT) stood at Rs20.8 billion for FY 2025, up 67% YTD, primarily driven by strong EBITDA growth despite increased tax and finance costs. Adjusted for foreign exchange impacts, NPAT growth exceeded 100% YTD, reaching Rs22.1 billion. QoQ, NPAT rose by 3% to Rs5.9 billion due to strong EBITDA performance. The Group’s Operating Free Cash Flow (OFCF) for FY 2025 more than doubled YTD, amounting to Rs49.3 billion.

Dividend Payment to Shareholders
In line with its dividend policy and financial performance, Dialog Axiata PLC’s Board of Directors proposed a dividend of Rs1.50 per share for ordinary shareholders. This dividend translates to a yield of 5.0% based on the FY 2025 share closing price, pending shareholder approval at the upcoming Annual General Meeting (AGM), the date of which will be announced later.

Company and Subsidiary Performance
Dialog Axiata PLC remained the primary contributor to Group Revenue (76%) and Group EBITDA (74%). Continued growth in the Data segment and cost rescaling led to a company revenue of Rs135.8 billion for FY 2025, an 18% increase YTD. EBITDA rose by 32% YTD to Rs63.6 billion. However, Q4 2025 saw a 1% QoQ decrease in revenue to Rs34.8 billion due to a reclassification of Hubbing Revenue, while EBITDA declined by 1% QoQ to Rs17.0 billion, impacted by network restoration costs and Cyclone Ditwah relief donations. NPAT for FY 2025 was Rs15.6 billion, up 41% YTD, with normalized forex impacts pushing NPAT above 100% YTD to Rs17.0 billion. QoQ, NPAT decreased by 6% to Rs4.5 billion.

Dialog Television maintained its leadership in the digital pay-TV market with a subscriber base exceeding 1.6 million by the end of FY 2025. Revenue grew by 4% YTD to Rs12.9 billion, though Q4 2025 saw a 4% decline to Rs3.2 billion due to seasonal advertising revenue fluctuations. EBITDA for DTV rose by 26% YTD to Rs2.7 billion, driven by cost-rationalization efforts, despite recording a net loss of Rs0.7 billion for the year.

Dialog Broadband Networks, covering the Group’s Fixed Telecommunications, Broadband, and International Businesses, reported a 28% decline in revenue to Rs35.5 billion for FY 2025, attributed to a deliberate reduction in low-margin international wholesale business. Despite the revenue decline, EBITDA grew by 29% YTD to Rs19.6 billion, with a margin improvement of 24.3 percentage points to 55%. NPAT exceeded 100% growth YTD, reaching Rs6.1 billion, supported by significant cost reductions.

Significant Contribution to State Revenue and Continued Investment in Digital Infrastructure
During FY 2025, Dialog Group contributed Rs54.7 billion to the Government of Sri Lanka, comprising Rs11.1 billion in direct taxes and Rs43.6 billion in consumption taxes. The Group’s capital expenditure for the year amounted to Rs20.2 billion, with a Capex to Revenue ratio of 11%, focused on enhancing High-Speed Broadband infrastructure.

Dialog Accelerates Sri Lanka’s 5G Future
Dialog commercially launched Dialog 5G Ultra, reinforcing its leadership in next-generation connectivity with over 220 live sites and over 1.5 million subscribers connected to the country’s largest 5G network. As the pioneer of commercial 5G in Sri Lanka, Dialog is the only provider with both 3500 MHz and 27 GHz spectrum, enabling nationwide coverage and advanced enterprise solutions. The Group plans to invest USD 100 million over the next two years to expand 5G services.

Dialog Supports National Recovery Following Cyclone Ditwah
Dialog pledged Rs420 million to the Government’s Rebuilding Sri Lanka initiative post-Cyclone Ditwah to aid critical hospital infrastructure restoration and ICT facilities refurbishment in over 20 schools. Dialog also supported over 8 million customers with free connectivity during the disaster. This commitment is part of Dialog’s ongoing role in national crisis response, emphasizing community resilience and sustainable development.