Transcorp Group Records N413.4bn Revenue in Q3 2025, Driven by Power and Hospitality Sectors
Transcorp Group, a leading conglomerate in Africa, announced a robust financial performance in Q3 2025 with a revenue increase to N413.4 billion from N297.7 billion in Q3 2024. The growth was primarily fueled by expanded power generation capacity and developments in the hospitality segment.
Profit before tax also rose by 18% to N124.5 billion, indicating sustained operational efficiency. Chairman Toni O.
Elumelu highlighted the company's commitment to driving growth in key sectors of the Nigerian economy, particularly in addressing energy deficits and poverty through power generation investments.
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