TECOM Group reported a 11.8% year-on-year increase in net profit for Q1 2026, reaching AED 403.4 million compared to AED 360.9 million in Q1 2025.
Revenue grew 11% to AED 754.6 million, driven primarily by a 14% increase in operating lease income which totaled AED 674.7 million.
Operating profit rose to AED 470.3 million from AED 423.4 million in the prior year period, supported by stable occupancy and rental performance across the Group's commercial, industrial, and land leasing segments.
The Board of Directors approved a dividend distribution of AED 440 million (AED 0.09 per share) at the Annual General Meeting held on 10 March 2026.