Transnational Corporation Plc (Transcorp Group) has recorded a profit after tax (PAT) of N91.4 billion IN Q3 2025. This is an increase from N75.9 billion in the same period of 2024. This growth underscores sustained profitability and operational efficiency across its subsidiaries.
According to the group’s financial statement filed on the NGX, the group’s revenue surged 39% year-on-year. It climbed from N297.7 billion in Q3 2024 to N413.4 billion in Q3 2025.
Profit before tax (PBT) also recorded a healthy growth of 18%, reaching N124.5 billion compared to N105.5 billion in the same period last year.
Transcorp attributed the strong results to its resilient business model and effective execution of strategic initiatives. All operating units reported robust performance. There were notable gains from increased power generation capacity at its power plants. Additionally, expansion in the hospitality segment followed the addition of the new 5,000-capacity Transcorp Centre in Abuja.
Group’s Reaction
The group’s chairman, Tony Elumelu, attributed the growth to the group’s diversified portfolio and the opportunities inherent in it.
“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 remain committed to power Nigerians out of poverty.
“In hospitality, we are redefining excellence. The landmark Transcorp Centre Abuja sets 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.” he pointed out.
