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Ooredoo posts a net profit of MVR 180.3M for Q3 2025

Ooredoo Maldives' head office. (Photo/President's Office)

Ooredoo Maldives has announced it generated a net profit of MVR 180.3 million in the third quarter of this year – marking an eight percent increase from the same period last year.

The Q3 2025 quarterly report released by Ooredoo on Friday shows the telecom company generated a gross revenue of MVR 549.2 million during the quarter. It marks a 0.9 percent increase from the same period last year, and a 1.8 percent increase compared to the previous quarter.

The company posted a net profit of MVR 180.3 million, marking a profit margin of 32.8 percent.

The biggest revenue generator for Ooredoo during the period was from its mobile service, with MVR 404.8 million.

  • Total revenue: MVR 549.2 million
  • Mobile revenue: MVR 404.8 million
  • Fixed, Broadband and Enterprise: MVR 143.8 million
  • Other: MVR 557,000

Ooredoo rolled out new products, expanded services, and conducted new promotions and other commercial activities, and also received key awards during Q3. This includes:

  • The rollout of SuperNet Fibre Broadband services in B. Thulhaadhoo and ADh. Hangnameedhoo
  • Introduction of Home Assets Insurance
  • The landing of a submarine cable at Waldorf Astoria Maldives Ithaafushi, positioning it as Maldives’ first private 5G-enabled resort
  • Mas Race 2025 in K. Huraa, and the launch of a Mas Race digital game on the company’s mobile app
  • National Award of Recognition for Business and Economic Development, Bronze Stevie Award for Employer of the Year – Telecommunications, Ran Fanara Award

The company also launched the #LiveUnlimited campaign in Q3 to celebrate the company’s 20th anniversary. The campaign rewards 19 customers with an umrah trip every 20 days, culminating in a grand hajj trip for two for the 20th winner.

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