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Statements of profit or loss and other comprehensive incomefor the year ended 31 March 2026

      Group Company
   Notes  31 March 
2026 
Rm
 
31 March 
2025 
Rm 
31 March 
2026 
Rm
 
31 March 
2025 
Rm 
Continuing operations                
Revenue  3.1  44 477  43 880  32 662  32 287 
Operating revenue     43 761  43 228  32 002  31 696 
Interest revenue     433  360  377  299 
Insurance revenue  7.2.3.1  283  292  283  292 
Other income  3.3  1 262  1 552  2 465  7 094 
Payments to other operators  3.4.1  (2 545) (2 693) (2 014) (2 116)
Cost of handsets, equipment, software and directories     (5 059) (5 185) (3 698) (3 731)
Sales commission, incentives and logistical costs  3.4.2  (3 584) (3 214) (3 575) (3 214)
Enterprise subcontracting costs1       —  (3 801) (4 498)
Insurance service expenses  7.2.3.1  (179) (202) (179) (202)
Employee expenses  3.4.3  (8 484) (8 813) (2 035) (2 179)
Other expenses  3.4.4  (2 540) (2 763) (752) (903)
Wholesale voice and non-voice services  3.4.5    —  (5 205) (5 196)
Maintenance  3.4.6  (4 745) (5 043) (3 019) (3 025)
Marketing     (925) (955) (769) (806)
Impairment of receivables, contract assets and loans  7.1.4  (1 014) (1 342) (993) (1 199)
Service fees  3.4.7  (3 815) (3 848) (1 655) (1 583)
Lease-related expenses     (369) (360) (255) (296)
EBITDA     12 480  11 014  7 177  10 433 
Depreciation of property, plant and equipment  3.4.8  (3 609) (3 385) (1 366) (1 214)
Depreciation of right-of-use assets  3.4.8  (2 058) (1 655) (1 716) (1 553)
Depreciation of investment property  3.4.8    —  (92) (96)
Amortisation of intangible assets  3.4.8  (569) (589) (395) (388)
Write-offs and impairments of property, plant and equipment and intangible assets  3.4.8  (311) (328) (169) (167)
Operating profit     5 933  5 057  3 439  7 015 
Investment income  6.1  431  369  1 925  2 408 
Net finance charges and fair value movements  6.2  (1 608) (1 984) (1 359) (1 859)
Finance charges on lease liabilities     (630) (529) (500) (463)
Net finance charges – other     (751) (1 397) (693) (1 346)
Foreign exchange and fair value movements  6.2  (227) (58) (166) (50)
Profit before taxation     4 756  3 442  4 005  7 564 
Taxation  8.1  (1 208) (659) (795) (442)
Profit for the year from continuing operations     3 548  2 783  3 210  7 122 
Profit from discontinued operation1  12.3    4 720    — 
Profit for the year     3 548  7 503  3 210  7 122 
Other comprehensive (loss)/income                
Items that will be reclassified subsequently to profit or loss                
Exchange gain/(loss) on translating foreign operations2  9.3  8  (13)   — 
Items that will not be reclassified to profit or loss                
Defined benefit plan actuarial (losses)/gains  10.1  (24) (2) (24)
Income tax relating to other comprehensive losses/(gains)    6  —  6  (1)
Other comprehensive (loss)/income for the year, net of taxation     (10) (15) (18)
Total comprehensive income for the year     3 538  7 488  3 192  7 123 
Profit attributable to:                
Owners of Telkom     3 544  7 497  3 210  7 122 
Non-controlling interests     4    — 
Profit for the year     3 548  7 503  3 210  7 122 
Total comprehensive income attributable to:                
Owners of Telkom     3 534  7 482  3 192  7 123 
Non-controlling interests     4    — 
Total comprehensive income for the year     3 538  7 488  3 192  7 123 
Continuing operations  3.5  719.5  566.0       
Discontinued operation  3.5    962.0       
Total basic earnings per share (cents)    719.5  1 528.0       
Continuing operations  3.5  711.8  558.0       
Discontinued operation  3.5    948.5       
Total diluted earnings per share (cents)    711.8  1 506.5       
1 Subcontracting costs relate to enterprise customer contracts which Telkom sold to Business Connexion (Pty) Ltd (BCX) (refer to note 3.2.1).
2 This component of other comprehensive income does not attract any tax.
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