Connect with us

    Hi, what are you looking for?

    Business

    Transcorp Group Posts 39% Revenue Growth in Q3 2025

    Transnational Corporation Plc (Transcorp Group), a leading Nigerian conglomerate listed on the Nigerian Exchange (NGX: TRANSCORP), has reported a 39 per cent year-on-year increase in revenue for the third quarter of 2025.

    The company disclosed this in its unaudited financial results released on Monday, showing revenue rose to ₦413.4 billion in Q3 2025 from ₦297.7 billion in the same period last year.

    Profit Before Tax (PBT) also grew by 18 per cent to ₦124.5 billion, while Profit After Tax (PAT) increased by 20.5 per cent to ₦91.4 billion, compared to ₦75.9 billion recorded in Q3 2024.

    Read Also: Transcorp Power Posts N91.2bn Profit Before Tax as Revenue Surges 38% in Q3 2025

    The Group attributed the performance to its resilient business strategy and operational efficiency across its subsidiaries, including power and hospitality.

    According to the report, all operating units recorded significant growth, with increased power generation capacity and expanded hospitality offerings, notably the newly launched 5,000-capacity Transcorp Centre Abuja.

    Commenting on the results, Transcorp Group Chairman, Mr. Tony Elumelu, said the company’s performance reflects the opportunities in the Nigerian economy and the strength of its diversified portfolio.

    “As the macro-economic climate improves, the Group is well-positioned to take advantage of Nigeria’s extraordinary potential,” Elumelu said.

    He added that Transcorp remains committed to powering Nigerians out of poverty and redefining excellence in hospitality.

    Also speaking, the President/Group CEO, Dr. Owen Omogiafo, said the results demonstrate successful execution of the Group’s strategy and its commitment to transforming Africa.

    Al Read: Transcorp Power Reports Strong Q3 2024 Performance, with 153% Revenue Growth and 198% Increase in Profits – Ravenewsonline

    “We continue to optimise our businesses to deliver superior stakeholder value,” Omogiafo said.

    Transcorp Group maintained a gross profit margin of 48 per cent, underscoring disciplined cost management and strategic pricing.

    The company said it remains focused on delivering sustainable returns and driving long-term transformation of Nigeria’s economy.

     

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    Tech

    MTN Nigeria says it has paid more than ₦6.9 trillion in taxes, levies and duties to the Federal and State Governments, underscoring its role...

    News

    Conn8 Media Solutions NG, a media consultancy firm and publishers of Tech and Biz News NG (www.techandbiz.com.ng) and eTimes Africa News, has been recognised...

    News

    U.S. President Donald Trump has described Nigeria as “a disgrace,” accusing the government of failing to protect Christian communities from extremist violence. Speaking on...

    Tech

    Google has unveiled Nano Banana Pro (Gemini 3 Pro Image), its latest image generation and editing model, designed to support businesses and creative teams...