Kenya Power reported KSh24.99 billion ($193.2 million) in profit after tax for fiscal 2025-2026, representing a 2.13% increase from KSh24.4 billion ($188.7 million) during the previous financial year.
Electricity revenue increased by KSh18.96 billion ($146.6 million) to KSh238.24 billion ($1.84 billion), supported by higher consumption across customer categories and the addition of 411,710 customers. Electricity sales rose approximately 12% from 11,403 gigawatt-hours to 12,777 gigawatt-hours.
The company’s distribution and transmission efficiency improved from 78.79% to 81.42%, while finance costs declined 34.68% to KSh3.08 billion ($23.8 million). Kenya Power attributed the lower financing expense primarily to reduced outstanding loan balances.
Total assets increased by KSh32.45 billion ($250.9 million) to KSh421.49 billion ($3.26 billion). The company invested KSh28 billion ($216.5 million) in expanding, reinforcing and modernizing its electricity network.
Kenya Power also moved from negative working capital of KSh19.21 billion ($148.5 million) as of June 30, 2025, to positive working capital of KSh1.90 billion ($14.7 million), an improvement of KSh21.11 billion ($163.2 million).
The board recommended a final dividend of KSh1.20 ($0.0093) per ordinary share, bringing the total annual dividend to KSh1.50 ($0.0116) per share.
USD conversions are approximate, using an exchange rate of about KSh129.33 per U.S. dollar as of September 20, 2026.
KEY QUOTES:
“This year’s business performance reflects the company’s sustained implementation of strategic initiatives focused on operational excellence, customer centricity, financial sustainability and human capital development. These initiatives supported growth in electricity demand and improvements in revenue, system efficiency, profitability and the company’s overall financial position.”
“Going forward, the company will focus on translating its improved financial position into better service delivery and sustained shareholder value. Key priorities include grid automation, smart metering, revenue protection, customer-facing digitalization, workforce renewal and infrastructure investment to support rising electricity demand.”
Dr. Joseph Siror, Managing Director and CEO of Kenya Power
