Nairobi, Kenya – January 2, 2026 Companies in the banking, telecommunications, energy, and manufacturing sectors dominated the list of Kenya’s most profitable firms in 2025, with Safaricom PLC retaining its position as the country’s most profitable company.
Safaricom’s strong performance was driven by continued growth in M-Pesa, mobile data services, and digital innovations under the leadership of CEO Peter Ndegwa.
Safaricom Leads the Pack
For the financial year ending March 2025, Safaricom posted a 7.3% increase in net profit, recording KSh 45.8 billion, up from KSh 42.6 billion the previous year.
Safaricom Kenya’s revenue grew by 11.4% to KSh 381.2 billion, while group revenue rose to KSh 388.7 billion.
The company’s net income surged to KSh 95.5 billion, reflecting double-digit growth in both revenue and profitability. In the first half of the 2025/2026 financial year alone, Safaricom recorded profits of KSh 42.8 billion.
Banks Post Strong Results
The banking sector also posted impressive results, led by KCB Group PLC, which recorded a 64.9% increase in profit after tax, reaching KSh 61.8 billion for the 2024/2025 financial year. The group’s total revenue rose by 24% to KSh 204.9 billion, supported by higher interest income and foreign exchange trading.
Equity Group Holdings followed closely, reporting a 32% growth in profit after tax to KSh 54.1 billion by the third quarter of 2025. The lender attributed its performance to improved system reliability and expanded digital integration across its regional markets.
Energy and Manufacturing Gain Ground
Kenya Power and Lighting Company (KPLC) reported a turnaround, posting a profit after tax of KSh 24.47 billion in the 2024/2025 financial year, supported by increased revenues and operational efficiency.
Meanwhile, Co-operative Bank of Kenya recorded an after-tax profit of KSh 21.6 billion for the nine months ending September 2025, a 12.3% increase from the previous year. The bank also declared an interim dividend of KSh 1.00 per share, signaling confidence in its financial outlook.
Other Notable Performers
In the manufacturing sector, East African Breweries Limited (EABL) posted a profit after tax of KSh 12.2 billion for the year ended June 2025, representing a 126% growth, driven by increased beer and spirits sales across the region.
Outlook
The strong performance across key sectors highlights Kenya’s economic resilience, with financial services, telecommunications, and energy continuing to play a central role in driving profitability and shareholder value in 2025.
