By David Akinmola
Transcorp Group has reported its strongest financial performance on record, with profit after tax rising by 44 per cent to ₦136 billion in the 2025 financial year, driven by robust growth across its power, hospitality, and energy businesses.
The Group also recorded a 33 per cent increase in revenue to ₦544 billion, underscoring its operational resilience and strategic expansion amid Nigeria’s evolving economic landscape.
The results, released by its flagship listed entity, Transnational Corporation Plc, reflect sustained earnings growth, improved operational efficiency, and increased contributions from its power subsidiaries, including Transcorp Power and Transafam Power.
Group Chairman, Tony Elumelu, attributed the performance to disciplined execution, strategic investments, and the company’s integrated approach to value creation.
“Our 2025 financial results demonstrate the strength of our diversified portfolio and the resilience of our execution strategy. We have continued to deliver strong growth while making long-term investments that position us for sustained value creation,” Elumelu said.
He noted that the Group’s power businesses remained a key growth driver, benefiting from improved generation capacity, enhanced operational efficiency, and sustained demand for electricity. Transcorp’s hospitality arm, Transcorp Hotels Plc, also delivered solid earnings growth, supported by increased occupancy rates and improved service offerings.
Industry analysts said the strong performance reinforces Transcorp’s position as one of Nigeria’s leading conglomerates and reflects growing investor confidence in diversified companies with exposure to critical sectors such as power and infrastructure.
The Group’s consistent earnings expansion also highlights the importance of private sector investment in strengthening Nigeria’s energy security, boosting economic productivity, and supporting industrial growth.
Market observers noted that Transcorp’s improved profitability enhances its capacity to fund expansion projects, strengthen its balance sheet, and deliver increased returns to shareholders.
The record performance comes amid broader efforts by the Group to expand its footprint across Africa’s power, energy, and infrastructure sectors, positioning itself as a key player in driving long-term economic development.
With strong earnings momentum and strategic investments underway, analysts expect Transcorp to sustain its growth trajectory, supported by rising demand for power, improved operational efficiencies, and expanding opportunities within Nigeria’s evolving economic environment.
