Transcorp Group Grows Profit by 20.5% to N91.4 Billion in Q3
Transnational Corporation Plc, a diversified conglomerate, reported a 20.4% increase in profit, reaching N91.4 billion at the end of the first nine months of the 2025 financial year.
Details from its unaudited financial results highlighted that the group profit expansion was supported by strong growth across business lines.
The Group recorded a 39% year-on-year increase in revenue, rising from ₦297.7 billion in Q3 2024 to ₦413.4 billion in Q3 2025. Profit before Tax (PBT) grew by 18%, closing at ₦124.5 billion, compared to ₦105.5 billion in the same period last year.
Its key subsidiaries, power and hospitality businesses, delivered stellar performance that drove the group earnings higher. The power segment—Transcorp Power and TransAfam Power—generated N359.4 billion in revenue, an increase of 44.2%, buoyed by a sustained increase in energy output and higher capacity charges.
Commenting on the results, Chairman of Transnational Corporation Plc, Tony O. Elumelu, CFR, said, “Transcorp’s robust revenue and earnings delivery demonstrates the opportunity in the Nigerian economy.
“Our diversified portfolio continues to offer investors access to key drivers of Nigeria’s growth opportunity. As the macroeconomic climate improves, the Group is well positioned to take advantage of Nigeria’s extraordinary potential.
“We are executing our impact-driven mandate, through strategic investments that solidify our leadership in Nigeria’s vital sectors. Our diversified model continues to demonstrate resilience, generating significant value.
“In power generation and distribution, we are closing the energy deficit in Nigeria, propelling national development. We increased our power generation capacity at all our plants and we remain committed to power Nigerians out of poverty.
“In hospitality, we are redefining excellence, with the landmark Transcorp Centre Abuja setting a new standard for worldclass events. We remain unrelenting in our commitment to delivering superior shareholder returns and driving the long-term transformation of Nigeria’s economy.”
Also, President/Group CEO of Transcorp Plc, Dr. Owen Omogiafo, OON, stated: “Transcorp Group’s Q3 2025 results demonstrate the successful execution of our strategic direction, operational excellence and portfolio-wide efficiency.
“Driven by our core purpose to “Improve Lives and Transform Africa”, we continue to optimise our businesses to deliver superior stakeholder value.
As Nigeria’s leading conglomerate, with a disciplined approach to excellent corporate strategy, we are positioned to finish the year with strength and strategic momentum. We offer investors unique access to the Nigerian economy, delivering sustainable returns for our shareholders and championing economic growth.” Lafarge Africa’s Q3 2025 Performance Fuels Price Surge
