Airtel Africa Q2FY25 results: Net profit declines 80% to $24 million

Weighed down by the continuing devaluation of African currencies, telecom provider Airtel Africa announced a $24 million net profit in the second quarter (July-September) of FY25 on Friday. Attributable to the owners of the company, this compares to a net profit of $115 million in the same quarter of the previous year.