SingTel - 2nd Half results is out. Net profit after net exceptional gain amounted to S$2.20 billion.Operating revenue, EBITDA and OpCo EBIT1 rose 2.7%, 1.1% and 4.7% respectively, driven mainly by NCS, Digital InfraCo and Optus.Final dividend of 10.3 cents.

 FOR THE SECOND HALF YEAR ENDED 31 MARCH 2026

 Operating revenue, EBITDA and OpCo EBIT1 rose 2.7%, 1.1% and 4.7% 

respectively, driven mainly by NCS, Digital InfraCo and Optus.

 Associates’ post-tax profit contributions rose 11%. Excluding Intouch2 and 

in constant currency terms3, the associates’ post-tax contributions would 

have risen 26% due to strong performances from Airtel, AIS and Globe.

 Underlying net profit increased 11%.

 A net exceptional gain of S$787 million was recorded, primarily from the 

sale of a partial stake in Airtel.

 Net profit after net exceptional gain amounted to S$2.20 billion.

 Free cash flow was down 16% on lower operating cash, partially offset by 

lower capital expenditure. Excluding a special dividend from Intouch in the 

last corresponding period, free cash flow would have declined 2.4%. 

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026

 Operating revenue remained stable, while EBITDA and OpCo EBIT1 were 

up 1.5% and 8.9% respectively, driven mainly by NCS and Optus.

 Associates’ post-tax profit contributions increased 10%. Excluding

Intouch2 and in constant currency terms3, the associates’ post-tax 

contributions would have risen 25%, led by Airtel and AIS. 

 Underlying net profit rose 12% to S$2.77 billion. 

 With a higher net exceptional gain, net profit increased 40% to S$5.61

billion. 

 Free cash flow declined 1.5%, mainly due to higher capital expenditure 

partially offset by higher operating cash. Excluding dividends received from 

Intouch in the last corresponding period, free cash flow would have grown