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Analysts keep 'buy' call on Singtel following robust 3QFY2025 results

Nurdianah Md Nur
Nurdianah Md Nur • 3 min read
Analysts keep 'buy' call on Singtel following robust 3QFY2025 results
Singtel logo outside its building. Photo: Bloomberg
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Singapore Telecommunications (Singtel) reported yesterday that its underlying net profit grew 22% y-o-y to $680 million, driven by improved performance at Optus, NCS, and higher contributions from regional associates.

Ebitda for 9MFY25 rose 6% y-o-y, led by mobile service revenue growth across Singapore and Australia, cost optimisation initiatives and ebitda growth at NCS.

Singtel has raised its FY2025 guidance for core ebit from low double digits to high teens to low 20s. It is also looking to pay a total dividend (including value realisation dividend) of 16.5 cents for FY2025, up from the 15 cents per share paid in the preceding financial year.

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