SingTel Group saw its net profit fall 1.6 percent to SGD 868 million in the second quarter ended 30 September, compared with SGD 882 million a year earlier, while underlying net profit (excluding exceptional items) was stable at SGD 886 million. Group revenues slipped 0.8 percent to SGD 4.57 billion from SGD 4.61 billion a year earlier. However, EBITDA grew 1.4 percent to SGD 1.27 billion and EBITDA margin improved to 27.7 percent from 27.1 percent in the year-ago quarter. SingTel Group and its regional mobile associates continued to register strong customer growth in the quarter. As at 30 September, the group had a total mobile customer base of 468 million, an increase of 44.4 million or 11 percent from a year ago. For the financial year ending 31 March, SingTel expects consolidated revenues to decline by low single digit level and EBITDA to remain stable.
