Transnational Corporation Plc (Transcorp Group) has released its unaudited Q3 2025 financial results, reporting a pre-tax profit of N38.81 billion, representing a 53.84% year-on-year increase compared to the same period in 2024.
The strong quarterly performance lifted the nine-month pre-tax profit to N124.52 billion, an 18% YoY growth, now just 8% short of the company’s full-year 2024 profit.
Revenue for Q3 2025 surged 53.97% YoY to N133.76 billion, while the nine-month revenue rose 38.89% to N413.44 billion, surpassing the entire 2024 figure.
The growth was primarily driven by the energy business, which contributed N270.91 billion, accounting for 66% of the nine-month total revenue.
Commenting on the results, Dr. Owen Omogiafo, OON, President/Group CEO of Transcorp Plc, stated:
“Transcorp Group’s Q3 2025 results demonstrate the successful execution of strategic direction, operational excellence, and portfolio-wide efficiency. Driven by our core purpose to ‘Improve Lives and Transform Africa’, we continue to optimize our businesses to deliver superior stakeholder value.”
A further review of the unaudited financial statements shows that revenue grew faster than both the cost of sales and operating expenses, supporting the growth in profit margins.
The company’s total assets expanded by 26% to N940.89 billion, largely driven by a 157% increase in investments in financial assets, which rose to about N47 billion.
As of the close of trading on October 27, 2025, Transcorp Plc’s share price recorded a 0.5% decline to N48.15, though the stock recorded a year-to-date gain of 10.1%.