Abu dhabi: E and reported a strong start to 2026, with robust Q1 financial results, asserting the Group’s leadership in shaping the digital landscape and consolidating its position as a leading global group. The Group’s consolidated revenue reached AED 19.4 billion, reflecting 15.1 per cent year-on-year (YoY) growth, while consolidated net profit reached AED2.9 billion, with 3.9 per cent YoY growth (excluding the gain from the sale of Khazna). EBITDA grew by 16.5 per cent YoY, reaching AED8.6 billion.
According to Emirates News Agency, the Group’s subscriber base maintained its upward trajectory with a 30.8 per cent YoY growth, reaching 248.0 million subscribers. In its home market, e and UAE maintained its strong performance, with its subscriber base reaching 16.6 million, supported by the adoption of next-generation connectivity solutions and AI applications, which are now a vital part of customer experience.
Masood M. Sharif Mahmood, Group Chief Executive Officer of e and, commented on the results, stating that despite economic and regional changes, their business model has demonstrated inherent strength and ability to navigate challenges. He highlighted their proactive risk-preparedness approach and international diversification as key factors enabling continued growth both domestically and internationally.
He emphasized that e and stands on a solid foundation with a strong track record, expressing confidence in the Group’s ability to continue its upward trajectory. Mahmood noted the company’s role in ensuring business continuity, network resilience, and seamless connectivity amid regional challenges. The financial performance in Q1 2026, marked by significant revenue and EBITDA growth, underscores e and’s position in the digital economy and its commitment to sustainable shareholder value.
Mahmood also acknowledged the inspiration drawn from the UAE’s leadership, fostering a stable and growth-oriented environment that supports e and’s continuous success.