Transcorp Power Plc has announced its audited financial results for the year ended December 31, 2025, recording a revenue of ₦398.27 billion for the period from ₦305.94 billion in FY 2024 indicating robust growth.

The revenue went up by 30 percent from ₦305.94 billion in FY 2024). Gross profit of ₦162.44 billion (up 14% Year on Year from ₦142.21 billion in FY 2024) was also recorded.

The profit after tax stood at ₦91.42 billion (up 14% Year on Year from ₦80.01billion in 2024).

The Earnings per Share (EPS) was ₦12.19 ((up from ₦10.67 in 2024) while total assets went up to ₦563.48 billion (up 42% from ₦396.78 billion in FY 2024).

The company stated the performance drivers include: The return of GT20, adding 100MW to the national grid from January 3, 2025, significantly improved overall generation output as well strengthened financial position by paying off over ₦7 billion in borrowings, demonstrating disciplined financial management and commitment to reducing leverage.

Chairman Board of Directors Transcorp Power Plc Emmanuel Nnorom 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 ₦5.50k per share for 2025 comprising an interim dividend of ₦1.50k paid on August 18, 2025, and a final of ₦4.00k, representing a 10 per cent increase from the previous year dividend.”

MD/CEO of the company, Peter Ikenga said: “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 Plc 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.”