DHAKA, July 15, 2026 (BSS) – Country’s leading mobile phone operator, Grameenphone (GP) posted a net profit after taxes of Taka 759 crore in the second quarter (Q2) of 2026, reflecting resilience in earnings despite a three percent year‑on‑year decline in revenues. 

The operator’s Net Profit After Taxes (NPAT) margin stood at 19.1 percent, underscoring the impact of disciplined cost management and operational efficiency in a challenging macroeconomic environment, revealed the operator in a media release while unveiling financial update. 

Total revenues for the quarter amounted to Taka 3,982 crore, while earnings per share came in at Taka 5.6. 

The company maintained a healthy EBITDA margin of 58.0 percent, supported by strong cost discipline. Capital expenditure, excluding license, lease, and asset retirement obligations, reached Taka 545 crore.

GP closed the quarter with 8.63 crore subscribers, of which 5.27 crore were active internet users, representing 61.1 percent of its base.

Chief Executive Officer Yasir Azman highlighted the company’s ability to sustain profitability despite higher investments and a challenging operating environment. 

“We maintained a healthy EBITDA margin of around 58 percent, demonstrating continued cost discipline and operational efficiency. The deployment of the 700 MHz spectrum across more than 1000 sites nationwide is already showing encouraging benefits,” he said. 

Azman noted that Grameenphone’s network handled record data traffic during the FIFA World Cup, successfully managing more than double the normal traffic during the Argentina versus Austria match.

The CEO also pointed to initiatives in digital safety and education, including a partnership with UNICEF to integrate online safety into the national curriculum, and the rollout of cyber security solutions such as GP Shield. 

“We remain committed to disciplined investments in modernization, digital platforms, and ecosystem partnerships to support Bangladesh’s digital ambitions,” he added.

Chief Financial Officer Otto Magne Risbakk emphasized sequential revenue growth of six percent compared to the previous quarter, though year‑on‑year (YoY) performance was impacted by a high base due to two Eid festivals in Q2 2025. 

He noted that inflation remains elevated at 9.2 percent, but cost growth moderated to one point 8 percent YoY, reflecting efficiency measures. EBITDA declined 6.1 percent YoY, in line with softer revenues, but margins held firm.

Risbakk announced that the Board has declared an interim dividend of Taka 10.50 per share, equivalent to a one hundred percent payout ratio for the first half of 2026. 

“We continue to generate healthy cash flows, maintain a debt‑free balance sheet, and follow disciplined capital allocation, enabling us to invest in the business while returning value to shareholders,” he said.