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Telstra Posts 31% Profit Gain, Commits $1B to Share Repurchases

Telstra Group, Australia’s largest telecommunications company, has posted a strong set of results for its fiscal year ending June 30, 2025, reporting a 31% increase in annual profit driven by robust growth in its mobile division.

The company also announced a $1 billion share buyback (approximately US$654 million), signaling management’s confidence in its earnings trajectory and balance sheet strength.

The telecom giant’s net profit rose to $2.34 billion, up from $1.79 billion the year before. This result matched market expectations, with analysts polled by Visible Alpha forecasting precisely the same figure. Telstra credited the growth primarily to continued momentum in mobile services, including 5G expansion, improved customer retention, and higher average revenue per user (ARPU).

In a competitive Australian telecom market, mobile has become Telstra’s primary growth engine, helping offset challenges in other business segments such as fixed-line services.

In addition to the buyback announcement, Telstra declared a final dividend of 9.5 Australian cents per share, slightly higher than last year’s 9 cents. This dividend increase, while modest, reflects the company’s consistent shareholder return policy. Continue reading Telstra Posts 31% Profit Gain, Commits $1B to Share Repurchases