6 Oct 2011

Vodafone announces $150m profit

1:43 pm on 6 October 2011

Vodafone has lifted its annual profit by almost a quarter.

The UK-based mobile phone giant made $151.5 million in the year to the end of March compared with $121.6 million a year earlier.

Revenue rose 6% to $1.7 billion.

Vodafone will pay its parent a dividend of $130 million compared with $47 million last year when its profit fell a third.