Grameenphone posts Tk 879cr profit in Q2

Grameenphone reported a slight growth in profit for the second quarter of 2025 despite a decline in revenue.

The leading telecom company posted a net profit of Tk 879 crore in the April–June quarter, reflecting a 2 percent rise from the same period a year ago.

Its earnings per share stood at Tk 6.51 for the quarter, up from Tk 6.38 in the corresponding period of 2024, according to the company's financial statements.

However, revenue fell by 3 percent year-on-year to Tk 4,103 crore in the second quarter of 2025.

Grameenphone's board declared an interim cash dividend of 110 percent of the paid-up capital, equivalent to Tk 11 per share.

Shares of GP, the largest mobile phone operator, rose by 0.98 percent to Tk 299.70 at the Dhaka Stock Exchange as of 12:18 pm today.

The cash dividend represents 98 percent of the profit after tax for the six-month period ended on June 30, 2025, the multinational company said.

The payout was made from audited net profits for the first half of the year, which stood at Tk 1,513 crore, down by 31 percent year-on-year.

Its net operating cash flow per share declined to Tk 26.94 for January–June 2025, from Tk 28.07 a year earlier.

Its net asset value (NAV) per share stood at Tk 42.15 on June 30 this year, down from Tk 53.18 a year ago.

The company attributed the decline in NAV to the payment of the final dividend for 2024, which exceeded the profits generated in the first half of 2025.

As of June 30, 2025, sponsor-directors held 90 percent of the shares, institutional investors 6.50 percent, foreign investors 0.97 percent, and the public 2.53 percent, according to Dhaka Stock Exchange data.