PLDT Inc. reported that its net income fell by 11 percent to ₱25.07 billion in the first nine months of 2025, from ₱28.07 billion in the same period last year, mainly due to higher operating expenses.
Telco core income, which excludes the impact of asset sales and gains from Maya Innovations Holdings, declined by 5 percent to ₱25.3 billion from ₱26.6 billion a year earlier. However, overall core income remained steady at ₱25.8 billion, supported by PLDT’s ₱603 million equity share in Maya’s core income.
The company’s gross service revenues rose by 3 percent to ₱158.9 billion, while consolidated service revenues (net of interconnect costs) increased by 1 percent to ₱145.9 billion during the January to September period. PLDT’s wireless consumer segment generated ₱63.2 billion in revenues, showing resilience amid a highly competitive and value-driven market. The PLDT Home fiber-only business grew 7 percent year-on-year to ₱44.5 billion, while the enterprisesegment posted ₱35.6 billion in total revenues.
Meanwhile, PLDT’s digital banking arm, Maya Group, remained profitable with a ₱532 million net income in the third quarter of 2025. Maya continued to expand its customer base, with 9 million bank customers and 2.4 million borrowers, reflecting its success in promoting financial inclusion. As of end-September 2025, deposit balances climbed 59 percent year-on-year to ₱57 billion, while loan disbursements reached ₱187 billion since the launch of Maya Bank.
PLDT chairman and CEO Manuel V. Pangilinan said the company managed to stay firm despite market pressures and an economic slowdown. He emphasized that PLDT remains guided by discipline and long-term value creation and aims to turn its current steadiness into progress by acting with greater speed, imagination, and accountability.
