Transcorp Power Plc has announced its audited financial results for the year ended December 31, 2025, recording a 14 per cent growth in profit to N91.42 billion as against N80.01 billion declared in 2024 financial year.
Amid increases in profit, its Earnings per Share (EPS) increased from N10.67 in 2024 to N12.19 per share in 2025. The shareholders of the company to get full dividend of N5.50kobo in 2025 financial year
One of the power subsidiaries of Africa’s leading listed conglomerate, Transnational Corporation Plc, recorded a revenue growth of 30 per cent to N398.27 billion for the period from N305.94 billion in 2024 indicating robust growth. The company declared gross profit growth of 14 per cent to N162.44 billion in 2025 from N142.21 billion in 2024. Transcorp Power, however, declared a 42 per cent increase in total assets to N563.48 billion from N396.78 billion in 2024.
Total equity gained 44 per cent to N183.40 billion in 2025 from N126.63 billion in 2024 From the balance sheet position, the company saw its total borrowings (Short & Medium Term) at N30.7 billion in 2025 from N37.7 billion in 2024.
Transcorp Power’s impressive 2025 results were driven by enhanced generation capacity, the return of GT20, adding 100MW to the national grid from January 3, 2025, significantly improved overall generation output.
Chairman Board of Directors Transcorp Power, Emmanuel Nnorom in a statement said, “We remain dedicated to improving lives and transforming Africa, ensuring operational excellence and making strategic investments that deliver sustainable, long-term value to our shareholders, while also powering Nigeria’s socioeconomic development.”
“The confidence in our financial position allows us to propose a full year dividend of N5.50k per share for 2025 comprising an interim dividend of N1.50k paid on August 18,
2025, and a final of N4.00k, representing a 10 per cent increase from the previous year dividend.”
MD/CEO Transcorp Power, Peter Ikenga, “Our FY 2025 results reflect our steadfast commitment to operational excellence, sustainable growth, strategic market expansion and enhanced generation capacity which continue to fuel significant revenue growth, enabling us to consistently generate power to the national grid. During the year, we increased our average available capacity from 417MW to 550MW and improved average generation output
despite grid and transmission line related issues. “Notwithstanding the network transmission line issues, our FY 2025 performance
remained strong and reflects our steadfast commitment to operational excellence and sustainable growth.
“Our confidence in the future trajectory of Transcorp Power to deliver exceptional value to our shareholders remains unwavering. We will continue to work with relevant stakeholders particularly Transmission Company of Nigeria to strengthen the transmission lines and improve evacuation from our plant in 2026 and beyond.”