Kenya Power posts Ksh24.99B profit as 411K new customers drive sales growth
Kenya Power has posted a Ksh24.99 billion profit after tax for the financial year ended June 30, 2026, as higher electricity sales, customer growth and lower finance costs strengthened the utility’s financial performance. In a press release dated Friday, September 18, 2026, Kenya Power said its profit after tax increased by 2.13 per cent from […]
Kenya Power reported a Ksh24.99 billion profit after tax for the financial year ending June 30, 2026, driven by increased electricity sales, a customer base of 10.4 million, and reduced finance costs. The utility's profit grew by 2.13% from the previous year, thanks to higher electricity revenue, customer growth, and lower finance expenses.
Notable achievements include the addition of 411,710 new customers and a 12% increase in total electricity sales from 11,403 GWh to 12,777 GWh. The company's distribution and transmission efficiency improved from 78.79% to 81.42%. Kenya Power's Managing Director and CEO, Dr. (Eng.) Joseph Siror, highlighted the impact of strategic initiatives on operational excellence, customer focus, financial sustainability, and human capital development.
The company's improved debt profile, lower borrowings, and better working capital position also contributed to the robust financial performance. Moving forward, Kenya Power aims to enhance service delivery, customer access, and digital capabilities while investing in grid automation, smart metering, and infrastructure to meet rising electricity demand.
Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Kenya Power full-year net profit up 2.13pc to Sh25bn capitalfm.africa
