Kenya Power and Lighting Company(KPLC) has announced a profit after tax of KSh24.99 billion for the 2025/26 financial year. The growth represents a 2.13% increase in profitability compared to the KSh24.4 billion recorded in the previous financial year.
According to a press release shared on its official X account on September 18, 2026, the state electric firm sustained a financial trajectory powered by increased electricity sales and lower finance costs.
“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.
The power distributor noted that increased sales across all customer categories contributed to the overall operational efficiency reported during the year.
Kenya Power profit was majorly boosted by electricity revenue. Electricity revenue surged by KSh18.96 billion to reach KSh238.24 billion. At the same time, total energy sales grew by 12.05% from 11,403 GWh in the previous year to 12,777 GWh during the financial period.
In terms of customer expansion Kenya Power added 411,710 new electricity connections during the year. Furthermore, improved transmission and distribution system rose from 78.79% to 81.42%.
According the press release financial management and reduced debt obligations also contributed directly to the growth in Kenya Power profit. Financing costs dropped by KSh1.64 billion to KSh3.08 billion, which is 34.68% decline compared to the previous financial year.
During the 2025/26 financial year Kenya power increased total assets from KSh32.45 billion to KSh421.49 billion, driven by continued investments in the modernization, expansion, and reinforcement of the national power distribution network. Total capital expenditure spent during the year stood at KSh28 billion.
In another major highlight, the power distributor registered a turn in its working capital position. The company transitioned from a negative working capital standing of KSh19.21 billion as of June 30, 2025, to a positive KSh1.90 billion, representing an improvement of KSh21.11 billion.
Kenya Power Shares Dividend Payout
On the back of the overall Kenya Power profit performance, the Board of Directors recommended a final dividend payout of KSh1.20 per ordinary share.
This brings the total dividend payout for the 2025/26 financial year to KSh1.50 per share, delivering strong returns to investors holding Kenya Power shares and signaling renewed confidence in the company’s financial future.
The sustained payout marks a significant vote of confidence for Kenya Power shares on the Nairobi Securities Exchange (NSE), reaffirming the firm’s transition into a high-yielding utility stock. Equity analysts note that the increased cash flow distribution will likely spur heightened trading activity for Kenya Power shares, attracting both retail investors seeking reliable income streams and institutional fund managers looking for steady value appreciation.
Furthermore, the KSh1.50 full-year dividend reflects a strong payout ratio relative to earnings, underscoring management’s commitment to returning tangible value directly to holders of Kenya Power shares. This dividend trajectory is expected to strengthen the valuation of Kenya Power shares, providing a solid cushion against market volatility while highlighting the firm’s improved working capital health.
Looking ahead, market watchers expect Kenya Power shares to remain a key focal point in the local energy sector as capital expenditure investments in grid automation and smart metering begin to yield long-term efficiency gains. As the board aligns growth strategies with shareholder wealth creation, Kenya Power shares stand well-positioned to benefit from sustained dividend growth and improved balance sheet resilience in upcoming financial cycles.
