Reports N91.2bn Profit Before Tax As Revenue Grows By 38%
Delta, Nigeria: 13 October 2025
Transcorp Power Plc (“Transcorp Power” or the “Company”), (NGX: TRANSPOWER), one of many energy subsidiaries of Nigeria’s main listed conglomerate, Transnational Corporation Plc (“Transcorp Group”), has introduced its unaudited Q3 {financial} outcomes for the interval ended 30 September 2025.
The Company’s income grew by 38% year-on-year to ₦308.5 billion in 2025, in comparison with ₦223.5 billion in Q3 2024.
The Q3 2025 efficiency was pushed by a rise in common energy technology, reflecting Transcorp Power’s continued funding in bettering technology capability and operational excellence.
Key Highlights
Revenue Growth
Revenue grew by 38% year-on-year to ₦308.5 billion, from ₦223.5 billion in Q3 2024.
Profit
Gross revenue elevated to ₦119.7 billion, up from ₦96.5 billion in Q3 2024, representing a year-on-year progress of 24%, with a gross margin of 38.8%.
Profit Before Tax (PBT) climbed, to ₦91.18 billion in Q3 2025, from
₦81.12 billion in Q3 2024, representing a year-on-year progress of 12.4%.
Profit After Tax (PAT) rose, to ₦68.42 billion in Q3 2025, from ₦58.4 billion in Q3 2024, representing a year-on-year progress of 17%
Chairman Transcorp Power Plc, Emmanuel Nnorom, commented:
“Our 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.”
MD/CEO Transcorp Power Plc, Peter Ikenga, feedback:
“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. 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.”
