Iran's largest mobile network operator (2G-5G), TSE-listed, with subsidiaries across fintech, e-commerce and digital services. Digikala Group shareholder (~40% via the 2024 MCI-led acquisition); parent of EBCOM (Ewano) and Zarebin.
Tehran Index tracks this company as part of a source-linked research record on Iran’s technology economy. Access opens to a limited first cohort. Register for access, or browse the registry.
Operating metrics, period-stamped
Full-year revenue (March 2024 to March 2025), two figures on recordFinancial year ended 20 March 2025Conflicting evidence
Two revenue figures are in circulation for the same year and Tehran Index publishes both rather than choosing: 74,000 billion toman (roughly $1.06B at the 2024-25 average free-market rate of ~70,000 toman/$) reported as total revenue, and 67,944 billion toman reported as combined services and sales revenue. Consolidated net profit was 8,003 billion toman.
Faraz and company monthly reporting ↗ · retrieved 2026-08-13The two figures likely measure different scopes rather than contradicting each other, but no source seen states the reconciliation, so neither is presented as the single revenue number. FX RESTATED 2026-08-21: the FY1403 average was corrected from ~62,000 to ~70,000 toman/$ after Mehdi challenged the canon and the desk audit confirmed him (tgju 50-point series, simple mean 70,080, monthly means 69,100; Research/_inbox/FX_1403_AUDIT_OUTPUT_2026-08-21.md). Dollar figure recomputed; toman figure unchanged.
Nine-month results and subscriber base (to December 2024)Nine months to 21 December 2024Company disclosed
Operating revenue of 49,181 billion toman against operating cost of 39,194 billion, giving gross profit of 9,987 billion and net profit of 2,974 billion, for the nine months to 21 December 2024. The active subscriber base passed 81 million, having grown by about 4 million over the year.
Company filings, via Digiato ↗ · retrieved 2026-08-13Subscriber counts are mobile connections, not people. Iran's population is about 92 million and multiple SIMs per person are common, so this figure must not be read as market penetration.
Source ledger, every field, its evidence
Full-year revenue (March 2024 to March 2025), two figures on recordConflicting evidenceFinancial year ended 20 March 2025
Two revenue figures are in circulation for the same year and Tehran Index publishes both rather than choosing: 74,000 billion toman (roughly $1.06B at the 2024-25 average free-market rate of ~70,000 toman/$) reported as total revenue, and 67,944 billion toman reported as combined services and sales revenue. Consolidated net profit was 8,003 billion toman.
Nine-month results and subscriber base (to December 2024)Company disclosedNine months to 21 December 2024
Operating revenue of 49,181 billion toman against operating cost of 39,194 billion, giving gross profit of 9,987 billion and net profit of 2,974 billion, for the nine months to 21 December 2024. The active subscriber base passed 81 million, having grown by about 4 million over the year.
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