2008

In 2008, Safaricom announced a pre-tax profit of Sh19.9 billion for the financial year ending March 31, 2008. This was a 16 per cent growth on the Sh. 17.2 billion pre-tax profit it recorded in 2007. Profit after tax increased by 15.3 per cent from Sh.12 billion in 2007 to Sh13.8 billion this year.

2009

Safaricom announced a Sh.15 billion pre-tax profit for the year ending March 2009. The results represent a 23.3 percent dip compared to last year’s Sh19.9 billion pre-tax profit. It’s total revenue rose by 14.8 percent to Sh70.48 billion in the year while subscriber numbers were up 31 percent to 13.36 million.

2010

In May 2010, Safaricom announced a 37 per cent jump in pre-tax profits to Sh21 billion in the year to March 2010. The profit was driven by a surge in data revenue that smoothened out a slow growth in the traditional voice business. It proposed to pay a dividend of 20 cents per share to shareholders, amounting to Sh. 8 billion, which was 53 per cent of the firm’s net profit of Sh15.1 billion.

2011

In 2011, Safaricom announced a 13.16 per cent drop in net profits. However, the company paid out out 61 per cent of total profits in dividends which was equivalent to 20 cents per share.

2012

In 2012, Safaricom recorded a 4 per cent drop in net profit to Sh12.63 billion compared to Sh13.16 billion posted in last year’s earnings. It announced a dividend pay out of 22 cents per share. This was the second year in a row the firm’s profits had dropped.

2013

Safaricom announced a 38.9 per cent increase in profits buoyed by M-Pesa, SMS and data revenues. It reported a Sh. 17.5 billion after-tax profit for the year ended March 31, 2013 compared to Sh12.6 billion posted last year. Safaricom’s revenues grew to Sh124.3 billion with M-Pesa contributing Sh21.8 billion, SMS Sh10.1 billion, data Sh8.4 billion with voice revenues being Sh77.6 billion.

2014

Safaricom reported a 31 per cent rise in after tax profit for the year ended March 2014. The company made Sh23 billion in profits after tax, against the Sh17 billion recorded in the previous reporting period.

2015

In 2015, Safaricom announced full year results for the year ended March 31, 2015 showing a 38 per cent rise in profit after tax from Sh23 billion to Sh31.9 billion. It’s total revenue increased 13 per cent to Sh163.4 billion.

2016

In 2016, Safaricom broke records after posting a net profit of Sh. 38.1 billion. This was a growth of 19.6 per cent. Its total revenue increased by nearly 20 per cent to Sh195.7 billion. Safaricom further proposed a dividend of 76 cents per share, up from 64 cents in the previous year.