Transcorp Power Posts Significant Pre-Tax Profit in Q3 2025
Transcorp Power Plc has published its third-quarter financial statements, reporting a pre-tax profit of N32.4 billion, a 7.63% increase from N30.1 billion in the same period last year.
This performance lifted pre-tax profit for the nine-month period ended September 30, 2025, to N91.1 billion, up 12.39% year-on-year, supported by strong top-line profitability.
- Revenue from contracts with customers rose 16.59% in Q3 to N102.7 billion.
- Total revenue for the nine-month period reached N308.5 billion, a notable 38.01% increase year-on-year.
However, the cost of sales climbed to N60.6 billion in Q3, up from N54.6 billion, largely driven by higher natural gas and fuel costs.
The company also reported other operating income of N107.1 million, while impairment on financial assets rose sharply to N3.8 billion, up 199%.
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Author's summary: Transcorp Power posts N32.4 billion pre-tax profit in Q3 2025.