Aradel Holdings FY 2025 Results: Profit Soars 192%
Aradel Holdings Plc filed its audited FY 2025 results on 20 June 2026, covering the twelve months ended 31 December 2025. The filing discloses a 192% rise in profit after tax to ₦757.3 billion, a 466% expansion in total assets to ₦10.0 trillion, and a proposed total dividend of ₦33.0 per share.
Aradel Holdings Plc has released its audited financial results for the full year ended 31 December 2025. Revenue grew 20% year-on-year to ₦699.4 billion, up from ₦581.2 billion in FY 2024. EBITDA more than doubled, rising 119% to ₦815.0 billion, while profit after tax surged 192% to ₦757.3 billion.
The Group completed the acquisition of an additional 40% interest in ND Western Limited during the year, bringing its total effective equity in Renaissance Africa Energy Company to 53.3%. Under IFRS, only the balance sheet has been consolidated as at the acquisition date; the earnings contribution of ND Western and Renaissance will be fully reflected in consolidated income statements from 2026 onwards. Their FY 2025 contribution is recognised as share of profit from associates, which rose 246% to ₦109.5 billion.
Total assets expanded to ₦10.0 trillion from ₦1.75 trillion in FY 2024, reflecting the consolidation of ND Western and Renaissance on the balance sheet. Gas production increased 59% to 51.4 mmscf/day, while crude oil production averaged 14.1 kbbls/day. Refinery utilisation improved to 49% from 40%.
The Board proposed a final dividend of ₦23.0 per share, bringing the total FY 2025 dividend to ₦33.0 per share.
