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Singtel Business Update For The First Quarter Ended 30 June 2021 Singapore , 12 August 2021 - Singtel reported its business update for the first quarter ended 30 June 2021 . Key highlights for the first quarter • • • • • Operating performance lifted by improved operating and business environment and a stronger Australian Dollar Revenue up 7.5 % to S $ 3.80 billion despite lower NBN migration revenue EBITDA increased 11 % to S $ 997 million driven mainly by Australia Consumer Post - tax contributions from regional associates jumped 37 % , due mainly to Airtel's profit turnaround and Globe's better showing Underlying net profit up 31 % Quarter YOY 30 Jun 30 Jun Chge ( 1 ) 2021 2020 Chge in cc S $ m S $ m % % Operating revenue 3,798 3,534 7.5 2.4 ( 2 ) Underlying operating revenue 3,755 3,433 9.4 4.3 EBITDA 997 897 11.1 5.1 Underlying EBITDA ( 2 ) 951 727 30.7 24.0 EBIT ( before associates ' contributions ) 312 262 19.1 15.8 Underlying EBIT ( before associates ' contributions ) ( 2 ) 266 92 189.5 185.2 Share of associates ' pre - tax profits 533 401 33.0 36.5 Underlying net profit 451 345 30.9 32.6 Net profit / ( loss ) 445 ( 20 ) nm nm " nm " denotes not meaningful . Notes : ( 1 ) Assuming constant exchange rates for the Australian Dollar , United States Dollar and / or regional currencies from the corresponding quarter ended 30 June 2020 . ( 2 ) Excluded Optus ' NBN migration revenues and Jobs Support Scheme credits from the Singapore government . Message from Group CEO , Mr Yuen Kuan Moon " The easing of COVID - 19 restrictions has improved the overall operating and business environment and we are seeing the return of growth across the board in the first quarter . Some of the bright spots included Optus ' improved performance , continued broad - based growth in NCS ' ICT business and Airtel's profit turnaround . COVID - 19 has also underscored the importance and urgency of digital transformation for business resilience and we are seeing good demand from enterprise customers for our services in digital , cloud , data centre and cyber security . NCS , a key growth engine of our strategy , made gains with growth across all lines of business , and we also extended our lead in 5G , as the first to launch 5G standalone network in Singapore and most recently , 5G roaming . While the resurgence of COVID- 19 in many parts of Asia adds to an already challenging environment , we remain focused on investing in 5G and our digital capabilities which underpin our efforts to drive recovery and growth . The strategic reset that we have set in motion , positions us to capitalise on this rising trend of digitalisation to support post - pandemic economic recovery and we continue to be disciplined in capital deployment and focused on delivering shareholder value . "