Telstra posts H1 profit attributable to equity holders up 9.4% to AUD 1.12B

Reuters
Yesterday
Telstra posts H1 profit attributable to equity holders up 9.4% to AUD 1.12B

Telstra $(TLS.AU)$ reported H1 FY26 revenue (excluding finance income) of AUD 11.64 billion (+0.3%) and total income (excluding finance income) of AUD 11.85 billion (+0.2%). EBITDA was AUD 4.45 billion (+4.7%), EBITDA after leases (EBITDAaL) was AUD 4.16 billion (+4.9%), and EBIT was AUD 2.02 billion (+9.2%). Profit for the period was AUD 1.21 billion (+8.1%), with profit attributable to equity holders of AUD 1.12 billion (+9.4%) and basic EPS of 9.9 cents (+11.2%). Net finance costs were AUD 332.00 million (+5.1%) and income tax expense was AUD 479.00 million (+15.4%). Net cash provided by operating activities was AUD 3.64 billion (+14.7%), while net debt was AUD 16.80 billion (+2.2%). Telstra declared an interim dividend of 10.5 cents per share (90.48% franked; 9.5 cents franked and 1.0 cent unfranked), with a record date of 26 February 2026 and payment date of 27 March 2026; the dividend reinvestment plan will operate with an election date of 27 February 2026. The company said it bought back 130.09 million shares for AUD 637.00 million during H1 FY26 (average price AUD 4.90) and increased its on-market buy-back program to up to AUD 1.25 billion for FY26. By product, Mobile income was AUD 5.77 billion (+3.6%), with mobile services revenue up 5.6%; postpaid handheld ARPU rose 4.8% to AUD 56.22. Fixed – Consumer and Small Business income was AUD 2.12 billion (-2.5%), while Fixed – Enterprise income was AUD 1.61 billion (-4.9%) and International income was AUD 1.18 billion (-6.0%). Telstra tightened FY26 underlying EBITDAaL guidance to a range of AUD 8.2 billion to AUD 8.4 billion.

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