Emtel Posts 30% Profit Jump as Revenue Hits Rs 3.23bn
Mauritius telecom firm Emtel reports a 29.9% rise in after-tax profit to Rs 488 million for the nine months to September 2026, with a dividend approved.
Emtel, one of Mauritius's leading mobile and telecommunications operators, has reported strong financial results for the nine-month period ending 30 September 2026, signalling continued growth in the island's telecoms sector.
The company posted revenue of Rs 3.23 billion for the period, an increase of 8.8% compared with the same period a year earlier. More notably, after-tax profit climbed 29.9% to reach Rs 488 million, a figure that reflects both stronger revenues and improved cost management.
Emtel's board of directors has approved a final dividend of Rs 0.77 per share, rewarding shareholders as the company builds on its market position.
Emtel is a subsidiary of the Currimjee Group, one of Mauritius's largest and most diversified conglomerates, with interests spanning telecommunications, real estate, media and hospitality. The company operates 4G and broadband networks across the island and competes primarily with Mauritius Telecom, the state-owned operator that also owns the MY.T mobile brand.
The telecoms market in Mauritius has become increasingly competitive in recent years, with operators investing in network quality, data speeds and bundled offerings. Emtel has positioned itself as a challenger brand, often emphasising customer service and network reliability to attract subscribers away from the dominant state-backed operator.
What this means: For investors and shareholders, a nearly 30% jump in after-tax profit over nine months is a significant indicator of financial health. The approved dividend confirms that the board is confident enough in the company's cash position to return value to shareholders. For consumers, strong profitability in a competitive market can be a double-edged signal. It may reflect growing demand for data and connectivity services in Mauritius, but it also suggests the company has pricing power. Watchers of the Mauritius Stock Exchange, where Emtel is listed, may interpret these results as a positive signal for the company's share price outlook heading into the final quarter of 2026.
The results come at a time when digital connectivity is increasingly central to Mauritius's economic strategy, with the government pushing initiatives around fintech, e-government and remote work infrastructure. Strong private sector performers like Emtel play a role in underpinning that broader digital agenda.
Source: Le Defi Media
Frequently Asked Questions
What is Emtel and who owns it?β
Emtel is a Mauritian mobile and telecommunications operator, majority-owned by the Currimjee Group, one of Mauritius's largest private conglomerates. It offers 4G mobile, broadband and enterprise telecoms services and competes with Mauritius Telecom, the state-owned operator.
How much profit did Emtel make in the first nine months of 2026?β
Emtel reported an after-tax profit of Rs 488 million for the nine months ending 30 September 2026, a rise of 29.9% compared with the same period a year earlier. Revenue for the same period was Rs 3.23 billion, up 8.8%.
Did Emtel pay a dividend in 2026?β
Yes. Emtel's board of directors approved a final dividend of Rs 0.77 per share following the strong nine-month results to September 2026.
From Our Network
Find Property in Mauritius
Search Listings β
π§ Breaking alerts straight to your inbox