Safaricom Reports 36% Growth in Net Income to Sh58.2 Billion in HY27
Originally published by Kahawatungu — Read the original article →
Safaricom has reported a strong performance for the six months ended 30 September 2026, with Group net income rising 35.9% to Sh58.2 billion, as service revenue and earnings continued to grow across its Kenya and Ethiopia operations.
Group service revenue increased 13.1% to Sh226.1 billion, while EBITDA rose 27.5% to Sh129.2 billion, reflecting sustained growth and continued execution of the company’s strategy.
Safaricom Kenya delivered service revenue of Sh216 billion, up 11.3%, while earnings before interest and tax (EBIT) reached Sh101.8 billion, crossing the Sh100 billion mark for the first time in a six-month reporting period.