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 the power subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation Plc (“Transcorp Group”), has announced its unaudited Q3 financial results for the period ended 30 September 2025.
The Company’s revenue grew by 38% year-on-year to ₦308.5 billion in 2025, compared to ₦223.5 billion in Q3 2024.
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 Growth
Revenue grew by 38% year-on-year to ₦308.5 billion, from ₦223.5 billion in Q3 2024.
Profit
Gross profit increased to ₦119.7 billion, up from ₦96.5 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 ₦91.18 billion in Q3 2025, from
₦81.12 billion in Q3 2024, representing a year-on-year growth 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 growth of 17%
Chairman Transcorp Power Plc, Emmanuel Nnorom, commented:
