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.
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 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.