Transcorp Group Increases Revenue To N413.4bn In Q3 2025

Transcorp Group, in its unaudited Q3 2025 financial results, recorded a 39 per cent year-on-year increase in revenue, rising from N297.7 billion in Q3 2024 to N413.4 billion in Q3 2025.

Its Profit Before Tax (PBT) grew by 18%, closing at N124.5 billion, compared to N105.5 billion in the same period last year, even as the Group maintained its strong growth trajectory, driven by the company’s resilient business strategy and operational excellence.

While its Profit After Tax increased by 20.5%, reaching N91.4 billion, compared to N75.9 billion in 2024, all its operating units recorded significant growth, with increased power generation capacity at the Group’s power plants and expansion in the hospitality revenue stream and the inclusion of the 5,000-capacity Transcorp Centre Abuja.

Responding to this development, the chairman Transnational Corporation Plc, Tony Elumelu 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 macro-economic 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, he stressed that, “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 world-class events. We remain unrelenting in our commitment to delivering superior shareholder returns and driving the long-term transformation of Nigeria’s economy.”

Similarly, the president/Group CEO of Transcorp Plc, Dr. Owen Omogiafo, stated that: “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.”