TRANSCORP GROUP REPORTS STRONG Q3 2025 PERFORMANCE, REVENUE UP 39% YOY
Transnational Corporation Plc (“Transcorp Group”), Africa’s leading listed conglomerate, has announced its
unaudited Q3 2025 financial results, delivering 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.
Transcorp Group maintained its strong growth trajectory, driven by the Company’s resilient business strategy and operational excellence.
Transcorp Group delivered a revenue of ₦413.4 billion, representing a
39% rise from ₦297.7 billion in Q3 2024.
All operating units recorded significant growth, with the increased
power generation capacity at the Group’s power plants and expansion in the hospitality revenue stream with the inclusion of the 5,000-capacity
Transcorp Centre Abuja.
Sustained Profitability. Profit Before Tax rose by 18% to ₦124.5 billion, up from ₦105.5 billion in Q3 2024.
Profit After Tax increased by 20.5%, reaching ₦91.4 billion, compared to
₦75.9 billion in 2024.
The Group maintained a gross profit margin of 48%, reflecting disciplined
cost management and strategic pricing across its business units,
underpinned by a strong ethos of operational efficiency.
Chairman Transnational Corporation Plc, Tony O. Elumelu, CFR, commented;
“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, 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.”
Commenting on the results, 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.”
Transnational Corporation Plc is one of Africa’s leading,
listed conglomerates, with strategic investments in the power, hospitality, and
energy sectors, driven by its mission to improve lives and transform Africa.
Transcorp’s power businesses, Transcorp Power Plc and Transafam Power,
provide over 20% of Nigeria’s installed power capacity. Transcorp is
committed to developing Nigeria’s domestic energy value chain through its
investments in OPL281. The Group’s hospitality business, Transcorp Hotels Plc,
owns the iconic Transcorp Hilton Abuja, Nigeria’s flagship hospitality
destination and Nigeria’s largest event venue, the Transcorp Centre Abuja.
