GP profit falls to 8-year low

Business Desk :

The country’s largest mobile operator, Grameenphone (GP), saw its profit fall 18.5 percent in 2025 to the lowest level in eight years, amid weak consumer spending and subdued purchasing power.
The company posted a profit of Tk 2,958 crore last year, down from Tk 3,631 crore in 2024. “Over the past several quarters, we faced strong macroeconomic challenges but later saw some early signs of stabilisation,” GP CEO Yasir Azman said, adding that 2025 was a recovery year for the company.
GP’s revenue also fell slightly last year, with earnings dropping by Tk 39 crore from Tk 15,845 crore in 2024. It declared a 105 percent final cash dividend for 2025, bringing the total dividend for the year, including the interim payout, to 215 percent.
The company had paid a 330 percent cash dividend the previous year. Earnings per share declined to Tk 21.90 from Tk 26.89 the previous year.

Meanwhile, in the fourth quarter of 2025, the company reported revenue of Tk 3,860 crore, a 3.3 percent year-on-year increase despite tough economic conditions.
By year-end, its total subscriber base reached 8.39 crore, with 4.87 crore using the internet. “Although the environment remains challenging, our Q4 results show we are heading in the right direction revenue is growing, profitability is protected, and cash flow is strong, while we continue to build a more value-focused and resilient business for the long term,” said CEO Azman.
Otto Magne Risbakk, chief financial officer of Grameenphone, added, “Consumer spending continues to be under pressure and purchasing power remains subdued, so we continue to focus strongly on cost discipline. Over the year, we executed a range of strategic and commercial initiatives, which proved effective as we progressed each quarter.”