Transcorp Power Plc recorded N91.2 billion profit before tax in unaudited third quarter financial results for the period ended September 30, 2025.
The company’s revenue grew by 38 per cent to N308.5 billion in 2025, compared with N223.5 billion in third quarter of 2024.
The third quarter 2025 performance was driven by an increase in average power generation, reflecting Transcorp Power’s continued investment in improving generation capacity and operational excellence.
Profit after tax rose to N68.42 billion in third quarter 2025, from N58.4 billion in third quarter 2024, representing growth of 17 per cent.
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Chairman Transcorp Power Plc, Emmanuel Nnorom, said: “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, Transcorp Power Plc, Peter Ikenga, said: “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 fulfillment of our mission to improving lives and transforming Africa.”
