• EBIT up 9.2% to $2.0b, Underlying NPAT up 10% to $1.2b
• Interim dividend increased 10.5% to 10.5cps, 90.5% franked
• Positive operating leverage, Cash EBIT up 14%, Underlying ROIC up 0.9pp to 8.9%

Telstra Group Ltd has reported strong financial results for the first half of FY26, with EBIT up 9.2% to $2.0 billion and Underlying NPAT up 10% to $1.2 billion. The company also increased its interim dividend by 10.5% to 10.5 cents per share, with 90.5% franking. Key highlights include positive operating leverage, with Cash EBIT up 14% and Underlying ROIC up 0.9 percentage points to 8.9%. The company continues to invest in its core connectivity business, with the Aura Network project reaching the halfway mark and the company on track to achieve a 1 point uplift in its Network Experience Index in FY26. Telstra has also made significant progress in improving customer experience through digitisation and AI, with 86% of consumer service interactions now completed through Digital Self Service and a nearly three-fold increase in customers being able to resolve their enquiries using AI. The company is focused on delivering value for customers, communities, and shareholders as it builds momentum behind its Connected Future 30 strategy, with a goal of being the number one choice for connectivity in Australia.

Telstra does not provide financial guidance beyond the current financial year. The company has set targets to FY30 in connection with its Connected Future 30 strategy, including growing cash earnings by mid-single digit CAGR, achieving 10% underlying ROIC, and disciplined capital and portfolio management.

Telstra is focused on delivering value for its customers, communities and shareholders as it builds momentum behind its Connected Future 30 strategy, including through growth in core business cash flow, active portfolio and investment management, and disciplined capital management. The company's ambition is to be the number one choice for connectivity in Australia and to continue delivering on its purpose to build a connected future so that everyone can thrive.