by Ogbeni Olawale Dawodu, Abuja-
Transnational Corporation Plc (Transcorp Group), one of Africa’s leading listed conglomerates, has reported a strong financial performance for the third quarter of 2025, sustaining its growth trajectory across all business segments.
According to the Group’s unaudited Q3 2025 financial results, revenue grew by 39 percent year-on-year, rising to ₦413.4 billion from ₦297.7 billion recorded in the same period of 2024. Profit Before Tax (PBT) rose by 18 percent to ₦124.5 billion, compared to ₦105.5 billion in Q3 2024, while Profit After Tax increased by 20.5 percent to ₦91.4 billion, up from ₦75.9 billion last year.
The Group maintained a robust gross profit margin of 48 percent, which it attributed to disciplined cost management, strategic pricing, and operational efficiency.
Transcorp said all its operating subsidiaries recorded solid growth during the quarter, driven by higher power generation capacity at its plants and the expansion of its hospitality business, following the addition of the 5,000-capacity Transcorp Centre Abuja.
Commenting on the results, Chairman of Transnational Corporation Plc, Tony Elumelu, said the company’s performance underscores the potential within Nigeria’s economy and the strength of Transcorp’s diversified business model.
“Transcorp’s robust revenue and earnings delivery demonstrates the opportunity in the Nigerian economy,” Elumelu said. “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.”
He added that the company remains committed to strategic investments that drive impact and economic transformation.
“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 powering Nigerians out of poverty,” he said. “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.”
Also speaking on the results, Dr. Owen Omogiafo, President and Group Chief Executive Officer of Transcorp Plc, said the Group’s strong performance reflects effective execution of its strategic direction and operational discipline.
“Transcorp Group’s Q3 2025 results demonstrate the successful execution of our strategic direction, operational excellence, and portfolio-wide efficiency,” Omogiafo said. “Driven by our core purpose to ‘Improve Lives and Transform Africa,’ we continue to optimise our businesses to deliver superior stakeholder value.”
She expressed optimism about the company’s outlook for the rest of the year.
“As Nigeria’s leading conglomerate, with a disciplined approach to corporate strategy, we are positioned to finish the year with strength and strategic momentum,” she added. “We offer investors unique access to the Nigerian economy, delivering sustainable returns for our shareholders and championing economic growth.”
Transcorp Power, one of the Group’s major subsidiaries, also delivered strong results, posting ₦91.2 billion Profit Before Tax and a 38 percent increase in revenue during the period, reflecting continued strength in the Group’s energy business.
