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Originally published by The Standard BusinessMay 7, 2026
15h ago
Safaricom hits record Sh99.7b profit as M-Pesa drives growth

M-Pesa remained the key driver of revenue performance in the period, contributing 59.2 per cent of total revenue growth, expanding its revenue mix to 45.6 per cent. ..
✨ Key Highlights
Safaricom Plc has announced a record net profit of Sh99.7 billion for the financial year ending March, solidifying its position as the region's most profitable company.
- The telecommunications giant's exceptional performance was primarily driven by the growth of its M-Pesa mobile money service.
- Key figures highlighted at the release of the 2025/2026 Financial Year results included Group CEO Peter Ndegwa and Chief Finance Officer Dilip Pal.
- This achievement marks a continued streak of top performance for Safaricom among firms listed on the Nairobi bourse.
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