Singtel (SGX: Z74) is one of the last few blue-chip stocks to report its earnings. Fortunately, the telco did not disappoint. For its fiscal 2023 (FY2023) ending 31 March 2023, Singtel pulled off a commendable performance as both underlying revenue and net profit improved. A recovery in roaming revenues along with higher 5G take-up rates helped the group to report a better FY2023 even though the fiscal year started on a rocky footing. Here are five highlights from Singtel’s latest earnings that investors should take note of. 1. A better financial performance Singtel saw its operating revenue dip by 1.7% year on year to S$14.6 billion but this figure included Optus’ NBN migration revenue and contributions from Amobee, which was divested earlier during FY2023. Excluding these items, Singtel’s underlying revenue would have risen by 1.9% year on year instead. Operating profit rose 6.9% year on year to S$3.4 billion while net profit climbed 14.2% year on year to S$2.2 billion....