…Reports N91.2bn profit before tax as revenue grows by 38%
MON OCT 13 2025-theGBJournal| Transcorp Power Plc, on Monday announced its unaudited Q3 financial results for the period ended 30 September 2025, reporting revenue growth of 38% year-on-year to N308.5 billion in 2025, compared to N223.5 billion in Q3 2024.
“The Q3 2025 results are underpinned by further growth in energy delivered to the grid, and emphasising our strategic approach, that ensures we deliver ever increasing value to our shareholders and stakeholders,” says Peter Ikenga, MD/CEO Transcorp Power Plc.
”These results illustrate our continuous drive to improve our business operations, eliminating waste and harnessing value. We are confident of finishing the year strong in fulfilment of our mission to improving lives and transforming Africa.” he adds.
The Q3 2025 performance was driven by an increase in average power generation, reflecting Transcorp Power’s continued investment in improving generation capacity and operational excellence.
Key Highlights
-Revenue grew by 38% year-on-year to N308.5 billion, from N223.5 billion in Q3 2024.
-Gross profit increased to N119.7 billion, up from N96.5 billion in Q3 2024, representing a year-on-year growth of 24%, with a gross margin of 38.8%.
-Profit Before Tax (PBT) climbed, to N91.18 billion in Q3 2025, from
N81.12 billion in Q3 2024, representing a year-on-year growth of 12.4%.
-Profit After Tax (PAT) rose, to N68.42 billion in Q3 2025, from N58.4 billion in Q3 2024, representing a year-on-year growth of 17%
Chairman Transcorp Power Plc, Emmanuel Nnorom, commenting on the performance also said the company’s performance in the third quarter, building on the positive momentum in the first half of the year, demonstrates Transcorp Power’s resilience and capacity to sustain profitability, despite economic challenges, supported by efficient operations strategies and prudent cost management.
”This sustained performance, in the face of economic headwinds will further strengthen investor confidence in our capacity to create shared value and maintain our growth trajectory.”
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