Guinness Nigeria reports N6.7 billion profit in Q3 FY25 with 72% Revenue Surge

By Mofeoluwa Awe

Guinness Nigeria Plc has declared a spectacular rebound in its financial performance for the nine months ended March 31, 2025. Its profit after tax was N6.7 billion, up from a deficit of N61.6 billion in the same period last year.

The company also recorded a 71.6% increase in sales, from N220.3 billion to N377.9 billion, owing to strategic pricing, improved product mix, and high customer demand.

The company’s gross profit increased by 53%, reaching N103.5 billion, thanks to solid supply chain management and ongoing premiumisation of major brands. Operating profit improved by 32%, from N22.2 billion, indicating cost reduction benefits, higher productivity, and targeted marketing efforts.

Despite problems including rising inflation and foreign exchange pressures, Guinness Nigeria skilfully managed its finance costs, resulting in an exceptional N6.7 billion net profit.

Girish Sharma, Managing Director, stated, “We’ve strengthened our market routes, accelerated innovation, and prioritised commercial excellence.” These results confirm that our strategy is effective, and we are determined to produce even better outcomes in the coming months as we mark our 75th anniversary in Nigeria.”

Guinness Nigeria’s growth strategy remains focused on sustainable development, talent development, digital transformation, and stakeholder engagement. With a revised product portfolio and improved operational skills, the company is well-positioned to continue its momentum in the fourth quarter of FY25.