Aradel’s 9M revenue hits N3.95 trillion, pre-tax profit rises 154%, declares interim dividend
AI Executive Briefing
Verified Synthesis~108s readAradel Holdings Plc reported a 154.3% increase in consolidated pre-tax profit to N764.71 billion for the nine months ended September 30, 2026, from N300.68 billion in the corresponding period of 2025, driven by stronger crude oil and gas operations. According to the company’s unaudited financial statements and earnings release dated October 30, 2026, revenue surged by 633% to N3.95 trillion from N538.81 billion, while operating profit increased by 832.4% to N1.56 trillion.
Context & Background
- ✦Aradel also reported EBITDA of N2.10 trillion, up from N261.5 billion, while net cash generated from operating activities increased to N2.46 trillion from N205.41 billion.
Key Figures & Named Entities
2026:Aradel Holdings Plc reported a 154.3% increase in consolidated pre-tax profit to N764.71 billion for the nine months ended September 30, 2026, from N300.68 billion in the corresponding period of 2025, driven by stronger crude oil and gas operations.2026:According to the company’s unaudited financial statements and earnings release dated October 30, 2026, revenue surged by 633% to N3.95 trillion from N538.81 billion, while operating profit increased by 832.4% to N1.56 trillion.82.3%:However, consolidated profit after tax declined by 82.3% to N43.30 billion from N245.12 billion, reflecting substantial finance costs associated with the Renaissance acquisition and higher tax expenses.
Outlook & Next Steps
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Key Takeaways
Verified Extract- Aradel Holdings Plc reported a 154.3% increase in consolidated pre-tax profit to N764.71 billion for the nine months ended September 30, 2026, from N300.68 billion in the corresponding period of 2025, driven by stronger crude oil and gas operations.
- According to the company’s unaudited financial statements and earnings release dated October 30, 2026, revenue surged by 633% to N3.95 trillion from N538.81 billion, while operating profit increased by 832.4% to N1.56 trillion.
- Aradel also reported EBITDA of N2.10 trillion, up from N261.5 billion, while net cash generated from operating activities increased to N2.46 trillion from N205.41 billion.
Key Facts:2026: Aradel Holdings Plc reported a 154.3% increase in consolidated pre-tax profit to N764.71 billion for the nine months ended September 30, 2026, from N300.68 billion in the corresponding period of 2025, driven by stronger crude oil and gas operations.2026: According to the company’s unaudited financial statements and earnings release dated October 30, 2026, revenue surged by 633% to N3.95 trillion from N538.81 billion, while operating profit increased by 832.4% to N1.56 trillion.82.3%: However, consolidated profit after tax declined by 82.3% to N43.30 billion from N245.12 billion, reflecting substantial finance costs associated with the Renaissance acquisition and higher tax expenses.2026: MTN MoMo revenue jumps 102.2% as wallet balances hit N43.8 billionDMO raises FGN Savings Bond rates to 13.25%, 14.25% for NovemberMeet the CEOs leading Nigeria’s seven listed oil and gas companies Sequel to this, Aradel’s board declared an interim dividend of N7.00 per share, totalling N30.4 billion, with a qualification date of November 27, 2026, and payment scheduled for December 7, 2026.
Editorial Excerpt
Aradel Holdings Plc reported a 154.3% increase in consolidated pre-tax profit to N764.71 billion for the nine months ended September 30, 2026, from N300.68 billion in the corresponding period of 2025, driven by stronger crude oil and gas operations.
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Aradel Holdings Plc reported a 154.3% increase in consolidated pre-tax profit to N764.71 billion for the nine months ended September 30, 2026, from N300.68 billion in the corresponding period of 2025, driven by stronger crude oil and gas operations.
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The primary parties identified in this coverage include MTN Nigeria.
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Aradel Holdings Plc reported a 154.3% increase in consolidated pre-tax profit to N764.71 billion for the nine months ended September 30, 2026, from N300.68 billion in the corresponding period of 2025, driven by stronger crude oil and gas operations.
