Transnational Corporation Plc (Trancorp Plc) has listed key drivers of the sterling performance performance it achieved in its unaudited third quarter 2025 financial results.
Speaking yesterday during the investors’ call, President/Group CEO of Transcorp Plc, Dr. Owen Omogiafo, said Electricity Act 2023 which enabled state level regulation, allowing states to develop their own electricity markets and attract localized investments, supported the group’s operations.
On its own, the group upgraded operational efficiency through continuous process improvement initiatives.
Likewise, the growth in grid-connected generation capacity, with average available capacity rising to 5,639 MW and plant availability factor improving to 41 per cent also boosted the business success.
Transcorp reported a 39 per cent increase in revenue to N413.4 billion in its unaudited third quarter 2025 financial results.
The growth also delivered strong growth across business lines as Profit Before Tax (PBT) grew by 18 per cent, closing at N124.5 billion, compared to N105.5 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.
Other key highlights of the results showed that 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.
The group profit before taxroseby18 per cent to N124.5 billion, up from N105.5 billion in third quarter 2024 while profit after tax increased by 20.5 per cent, reaching N91.4 billion, compared to N75.9 billion in 2024.
”The Group maintained a gross profit margin of 48 per cent, reflecting disciplined cost management and strategic pricing across its business units, underpinned by a strong ethos of operational efficiency.
