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Transcorp Power Plc, one of the power subsidiaries of Transnational Corporation Plc, has announced its unaudited Q3 financial results for the period ending September 30, 2025, recording a Profit BeforeTax (PBT) of N91.2 billion.
The PBT climbed to N91.18 billion in Q3 2025, from N81.12 billion in Q3 2024, representing a year-on-year growth of 12.4 per cent.
Similarly, the Company’s revenue also grew by 38 per cent year-on-year to N308.5 billion in 2025, compared to N223.5 billion in Q3 2024.
According to the power firm, 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.
Gross profit increased to N119.7 billion, up from N96.5 billion in Q3 2024, representing a year-on-year growth of 24 per cent, with a gross margin of 38.8 per cent.
Also, Profit Before Tax (PBT) climbed, to N91.18 billion in Q3 2025, from N81.12 billion in Q3 2024, representing a year-on-year growth of 12.4 per cent.
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Profit After Tax (PAT) rose, to N68.42 billion in Q3 2025, from N58.4 billion in Q3 2024, representing a year-on-year growth of 17 per cent.
In his comments, 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.”
For his part, MD/CEO 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 fulfilment of our mission to improving lives and transforming Africa.”
