Telekom Srbija reports RSD 24.78bn profit and rising loan debt
N1 writes that Telekom Srbija's published final 2025 accounts show net profit of RSD 24.78bn, up from RSD 10bn a year earlier, while loan debt rose from RSD 246bn to RSD 457bn. Long-term loans at December 31, 2025 stood at RSD 400.1bn, and total obligations including bonds, leasing, suppliers, and other liabilities reached RSD 658.93bn.
What matters
Profit rose
Telekom Srbija ended 2025 with net profit of RSD 24.78bn, compared with RSD 10bn in 2024.
Loans nearly doubled
Loan debt rose from RSD 246bn at end-2024 to RSD 457bn at end-2025.
Long-term loans
At December 31, 2025 long-term loans were RSD 400.1bn, up from RSD 231.59bn a year earlier.
Total obligations
Including eurobonds, domestic bonds, leasing, suppliers, and other liabilities, the total reaches RSD 658.93bn.
Breakdown by publication
How sources frame this story
Mobile shows the first 1; the full breakdown is available on desktop.
Telekom Srbija's 2025 financial reports published: profit and loan debt both increased
N1 reports that Telekom Srbija's final 2025 accounts have finally been published. Net profit was RSD 24.78bn versus RSD 10bn a year earlier; loan debt at end-2025 rose to RSD 457bn from RSD 246bn at end-2024. Long-term loans stood at RSD 400.1bn, while short-term loans rose from RSD 14.4bn to RSD 56.99bn. N1 also lists RSD 97.55bn in corporate eurobonds, RSD 23.5bn in domestic bonds, RSD 15.87bn in leasing liabilities, RSD 57.6bn owed to suppliers, and RSD 7.3bn in other liabilities, totaling RSD 658.93bn.
Overall takeaway
According to the published accounts, Telekom Srbija improved profitability while sharply increasing debt; the reader-facing question is how that larger debt will be serviced in the coming years.
What this means for residents
State company in focus
Telekom Srbija is a state operator, so profit and debt trends matter for assessing public assets and budgets.
Future-year burden
A large share of debt matures in two-to-five-year and one-to-two-year windows, making the repayment schedule a key issue.