Transnational Corporation Plc (Transcorp Group) recorded a 44 per cent rise in profit after tax to N135.9 billion for the 2025 financial year, as the Group crossed the N1 trillion total assets mark for the first time in its history.

The conglomerate announced its audited full-year 2025 results, reporting strong growth across its power, hospitality and energy businesses.

Revenue grew by 33 per cent to N544 billion in 2025, up from N408 billion in 2024. Profit before tax rose by 31 per cent to N179.5 billion, compared to N136.7 billion in the previous year.

The Group, which has a combined market capitalisation of N4.78 trillion on the Nigerian Exchange, also sustained a gross profit margin of 50.5 per cent, reflecting what it described as disciplined cost control, operational efficiency and strategic pricing.

Power subsidiaries recorded a 38 per cent increase in revenue to N483.97 billion, driven by improved generation capacity and better gas supply. Transcorp Hotels Plc also posted a 38 per cent revenue growth to N97.04 billion, supported by strong demand for rooms, conferencing, food and beverage services, and premium guest experiences.

Total assets rose by 33 per cent to N1.002 trillion, while shareholders’ funds increased by 47 per cent to N353.4 billion. The company reduced total borrowings by 15 per cent to N75.5 billion, maintaining a gearing ratio of 13 per cent.

Chairman of Transnational Corporation Plc, Tony Elumelu, said the results reflect the strength of the Group’s diversified structure and long-term strategy.

“Our 2025 results are not just strong, they are decisive. They reflect the power of a deliberately diversified portfolio, disciplined execution, and our unwavering belief in Nigeria’s long-term potential. Across power, hospitality and energy, we are building platforms that deliver both commercial returns and social impact,” he said.

Speaking on the power business, he said the company’s integrated energy strategy is translating into measurable growth in capacity and improved reliability.

“Transcorp Power increased available capacity to 625MW, while TransAfam Power tripled peak generation capacity to 270MW. These are structural contributions to Nigeria’s energy security and industrial competitiveness,” he said.

On hospitality, Elumelu said the Group continues to raise standards in the sector.

“The Transcorp Centre Abuja is redefining Nigeria’s capacity to host global events at scale and positioning our Group to capture significant future growth,” he added.

The 2025 performance marks a record year for the Group across key financial indicators, reinforcing its position as one of Africa’s leading listed conglomerates with strategic investments in power, hospitality and energy.