Transcorp Group posts 39% revenue surge in Q3 2025, profit climbs across power and hospitality sectors

Transnational Corporation Plc (Transcorp) has reported a remarkable 39% year-on-year increase in revenue for the third quarter of 2025, signalling continued strength across its diverse business portfolio.

Revenue for Q3 2025 rose to ₦413.4 billion, up from ₦297.7 billion in the same period last year. Profit Before Tax (PBT) grew by 18% to ₦124.5 billion, while Profit After Tax (PAT) surged 20.5% to ₦91.4 billion, compared to ₦75.9 billion in Q3 2024. The company maintained a strong gross profit margin of 48%, reflecting disciplined cost management and strategic pricing.

The Group’s performance was driven by expanded power generation capacity and growth in the hospitality sector, highlighted by the 5,000-capacity Transcorp Centre Abuja. All operating units recorded significant gains, underlining the effectiveness of Transcorp’s operational strategy.

Commenting on the results, Transcorp Chairman 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. We are executing our impact-driven mandate through strategic investments that solidify our leadership in vital sectors. In power, we are closing Nigeria’s energy deficit, while in hospitality, the Transcorp Centre Abuja sets a new benchmark for world-class events. We remain committed to delivering superior shareholder returns and driving long-term transformation of Nigeria’s economy.”

Transcorp President/Group CEO Dr. Owen Omogiafo added that the Group’s Q3 performance reflects successful execution of strategic objectives and portfolio-wide efficiency.

“Our disciplined approach ensures sustainable returns for shareholders while championing economic growth. Transcorp continues to improve lives and transform Africa, positioning the company for a strong finish to 2025,” Dr. Omogiafo said.