Kenya Power Posts Ksh24.99 Billion Profit After Tax In 2025/26 Financial Year

Kenya Power posted a profit after tax of KSh24.99 billion ($193 million) for the financial year ended June 2026, up 2.13% from KSh24.4 billion a year earlier, the electricity distributor said.

The increase was supported by higher electricity revenue, driven by increased sales across all customer categories and consumption from 411,710 new customers added during the year, a statement by the company said

Distribution and transmission efficiency also improved to 81.42% from 78.79%, it said.

Electricity revenue rose by KSh18.96 billion to KSh238.24 billion, while total electricity sales increased 12% to 12,777 gigawatt-hours (GWh) from 11,403 GWh a year earlier.

The growth was also supported by revenue protection initiatives implemented during the year, Kenya Power said.

“The business performance reflects the company’s sustained implementation of strategic initiatives focused on operational excellence, customer centricity, financial sustainability and human capital development,” Managing Director and Chief Executive Officer Joseph Siror said.

Finance costs fell by KSh1.64 billion to KSh3.08 billion, mainly due to lower interest expenses following a reduction in outstanding loan balances, the company said.

Kenya Power’s total assets increased by KSh32.45 billion to KSh421.49 billion during the year, supported by continued investment in expanding, reinforcing and modernising its electricity network.

Capital expenditure stood at KSh28 billion during the year.

The company also reported an improvement in its working capital position, which moved to a positive KSh1.90 billion at June 30, 2026, from a negative KSh19.21 billion a year earlier.

Kenya Power’s board has recommended a final dividend of KSh1.20 per ordinary share, bringing the total dividend for the year to KSh1.50 per share.

Siror said the company would focus on grid automation, smart metering, revenue protection, customer-facing digitalisation, workforce renewal and infrastructure investment to support rising electricity demand.

The company also plans to pursue new revenue streams, strengthen regulatory readiness and support increased generation and transmission capacity, he said.