Australian telco Telstra logs 31% higher annual profit-February 2024-www.financetom.com

Australian telco Telstra logs 31% higher annual profit

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Australian telco Telstra logs 31% higher annual profit

Aug 13, 2025 3:18 PM

(Reuters) -Top Australian telecom firm Telstra Group reported a 31% rise in full-year profit on Thursday, driven by sustained growth in its mobile segment, and announced a A$1 billion buyback.

The company said its profit for the year ended June 30 came in at A$2.34 billion ($1.53 billion), rising from A$1.79 billion a year ago.

The result was in line with the Visible Alpha consensus estimate of A$2.34 billion.

($1 = 1.5284 Australian dollars)

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