Etihad Etisalat (Mobily) achieved a net profit of SAR 901 million for the second quarter of fiscal year 2026, compared to SAR 830 million in the same quarter of the previous year, representing an increase of 8.6%.

The company stated in a statement on 'Tadawul Saudi Arabia' today, Sunday, that as a result of revenue growth, gross profit increased by 8.5% to reach SAR 2,845 million in Q2 of fiscal year 2026, compared to SAR 2,623 million in the same quarter of the previous year.

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EBITDA increased to SAR 1,963 million in Q2 compared to SAR 1,823 million in the same quarter of the previous year, an increase of 7.7%, driven by revenue growth. EBITDA margin also rose to 38.6% in Q2 of fiscal year 2026 compared to 37.8% in the same quarter of the previous year. Mobily's operating profit increased by 9.8% in Q2 to SAR 978 million, compared to SAR 891 million in the same quarter of the previous year, driven by EBITDA growth. Net other expenses increased in Q2 of fiscal year 2026 to SAR 54.3 million compared to SAR 38.7 million in the same quarter of the previous year, due to a decrease in the company's share of profits from a joint venture.