Turkcell reports TL 6.7 billion net profit

The financial results of one of Türkiye's leading telecommunications companies attracted attention from investors and market participants. Revenue growth, operating profitability, and capital expenditures were among the key highlights of the company's third-quarter financial statements.

Turkcell's third-quarter revenue increased by 6.2% year over year to TL 82 billion, exceeding market expectations of TL 79.9 billion. Although net profit declined by 3.8% compared to the same period last year, it surpassed analysts' expectations of TL 5.5 billion. EBITDA rose by 6.8% to TL 36.2 billion, while the EBITDA margin stood at 44.2%. Turkcell Türkiye's total subscriber base reached 45.3 million, and the number of households covered by its fiber infrastructure increased to 6.9 million.