For the period ended September 30, 2025, Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation Plc has posted a revenue of N308.5 billion and Profit Before Tax (PBT) of N91.2 billion.
Specifically, the company’s unaudited third quarter (Q3) financial results for the period ended 30 September 2025 indicated that revenue grew by 38 per cent year-on-year to N308.5 billion in 2025 higher than N223.5 billion in Q3 2024. Its PBT also rose to N91.2 billion from N81.12 billion achieved in the corresponding period in 2024, representing a growth of 12.4.per cent.
The company attributed the improved performance to an increase in average power generation, reflecting its continued investment in improving generation capacity and operational excellence.
In addition, the firm’s Profit After Tax (PAT) increased to N68.42 billion, representing 17.per cent growth when compared to N58.4 billion posted in 2024.
Chairman of the company, Emmanuel Nnorom, stated that the performance in the third quarter, building on the positive momentum from the first half of the year, demonstrates Transcorp Power’s resilience and ability to sustain profitability despite economic challenges. He attributed this to efficient operational strategies and prudent cost management.
He added that this sustained performance, in the face of economic headwinds, will further strengthen investor confidence in the company’s ability to create shared value and maintain its growth trajectory.
“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.”
Managing Director/Chief Executive Officer of Transcorp Power Plc, Peter Ikenga, noted that the Q3 2025 results were driven by further growth in energy delivered to the grid. He highlighted the company’s strategic approach aimed at consistently delivering increasing value to shareholders and stakeholders.
He emphasized the ongoing efforts to improve business operations by eliminating waste and harnessing value, expressing confidence in ending the year strong in alignment with the company’s mission to improve lives and transform Africa.
“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,” he said.
