Singtel reported that its net profit for the year ended on 31 March 2025 surged to S$4.017 billion from last year's S$795 million as a result of a net exceptional gain of S$1.55 billion, mainly from the partial divestment of its Comcentre headquarters, compared to a net exceptional loss a year ago.
Singtel's underlying net profit rose 9.3% to S$2.47 billion for the full year, and would have increased 11.4% in constant currency terms, driven by robust performances from Optus, NCS and regional associates Airtel and AIS.
Annual group revenue increased by 0.1% to S$14.146 billion from S$14.128 billion last year, and rose 0.8% on a constant currency basis.
Singtel's board has proposed a final one-tier tax exempt ordinary dividend of 10.0 cents per share, totalling about S$1.65 billion for the current financial year ended 31 March 2025.
The company's board has authorized a share buyback program of up to S$2 billion over the next three years until financial year 2028.
Looking ahead for fiscal year ending 31 March 2026, the company projects EBIT, excluding associates' contributions, growth rate to be in high single digits; and cost savings of approximately S$200 million in Singtel Singapore and Optus.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.