12 Most Profitable Companies in Kenya

Number Company Name Contacts Addresses
1 Safaricom PLC Phone: +254 722 002 100; Email: customercare@safaricom.co.ke Safaricom House, Waiyaki Way, Westlands, PO Box 66827, 00800 Nairobi, Kenya
2 KCB Group PLC Phone: +254 20 327 0000; Email: investorrelations@kcbgroup.com Kencom House, Moi Avenue, P.O. Box 48400 – 00100, Nairobi, Kenya
3 Equity Group Holdings PLC Phone: +254 763 063 000; Email: info@equitygroupholdings.com 9th Floor, Equity Centre, Hospital Road, Upper Hill, PO Box 75104-00200 Nairobi, Kenya
4 Kenya Power and Lighting Company (KPLC) Phone: 97771; Email: customercare@kplc.co.ke Stima Plaza, Kolobot Rd, P.O. BOX 30099-00100 Nairobi, Kenya
5 Co-operative Bank of Kenya Phone: +254 20 277 6000; Email: customerservice@co-opbank.co.ke Co-operative House, Haile Selassie Avenue, Nairobi, Kenya
6 NCBA Group PLC Phone: +254 20 288 4444; Email: contact@ncba.co.ke NCBA Bank, Upper Hill, Mara & Ragati Roads, P.O. Box 44599 – 00100, Nairobi, Kenya
7 Absa Bank Kenya PLC Phone: +254 732 130 120; Email: absa.kenya@absa.africa Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya
8 East African Breweries Limited (EABL) Phone: +254 20 864 4000; Email: eablinfo@eabl.com P. O. BOX 30161 00100, GPO, Nairobi, Kenya
9 I&M Group PLC Phone: +254 719 088 000; Email: customercare@imbank.co.ke I&M Bank P.O BOX 30238-00100 NAIROBI, GPO KENYA
10 Standard Chartered Bank Kenya Phone: +254 20 329 3900; Email: Ke.Service@sc.com Client Contact Centre, Standard Chartered@Chiromo, Level 4, 48 Westland’s Road, P.O.Box 30003-00100 Nairobi, Kenya
11 Jubilee Holdings Limited Phone: +254 20 328 1000; Email: Talk2Us@jubileekenya.com P.O. Box 30376 – 00100 Nairobi, Kenya
12 Britam Holdings PLC Phone: +254 20 283 3000; Email: info@britam.com P.O. Box 30375-00100, Nairobi Kenya; Britam Centre: Mara/Ragati Road Junction Upperhill, Nairobi

Kenya’s economy in 2025 has shown remarkable resilience amid global uncertainties, with sectors like telecommunications, banking, energy, manufacturing, and insurance driving profitability. The most profitable companies often dominate these areas, benefiting from digital transformation, regional expansion, and strategic innovations. This article explores the top 12, ranked based on recent profit after tax figures from 2024-2025 reports, highlighting their contributions to Kenya’s GDP, employment, and economic stability. Profits reflect net earnings, influenced by market dynamics, regulatory environments, and operational efficiencies. While banking and telecom lead, diversification into insurance and manufacturing adds depth. Edge cases, such as fluctuating commodity prices or regulatory changes, can impact rankings, but these firms demonstrate adaptability. Implications include job creation, tax revenues, and investment attraction, though challenges like high interest rates and inflation persist. Data draws from financial reports and industry analyses for a comprehensive view.

1. Safaricom PLC

Safaricom PLC, Kenya’s leading telecommunications provider, reported a net profit of approximately KSh 95.5 billion in 2025, up 7.3% from the previous year, driven by M-Pesa’s growth and mobile data expansion. Founded in 1997 as a Vodafone subsidiary, it has evolved into East Africa’s telecom giant, serving over 45 million customers. Its profitability stems from innovative services like financial inclusion via M-Pesa, which handles billions in transactions annually, and investments in 5G infrastructure. However, challenges include regulatory scrutiny on market dominance and competition from rivals like Airtel. Broader implications involve bridging digital divides in rural areas, though data privacy concerns arise. Safaricom employs thousands, contributing significantly to tech skills development, and its sustainability efforts, such as green energy, set industry benchmarks.

2. KCB Group PLC

KCB Group, a major banking conglomerate, achieved KSh 61.8 billion in profit after tax in 2025, a 64.9% surge, fueled by expanded revenues to KSh 204.9 billion and regional operations. Established in 1896, it operates across East Africa, offering retail, corporate, and digital banking. Profitability is bolstered by treasury investments and loan portfolio growth, but non-performing loans pose risks amid economic slowdowns. Nuances include its focus on SMEs, fostering entrepreneurship, yet high lending rates can stifle borrowing. Implications extend to financial inclusion, with mobile banking apps reaching underserved populations, and corporate social responsibility in education and health.

3. Equity Group Holdings PLC

Equity Group Holdings posted KSh 54.1 billion in profits for Q3 2025, a 32% increase, attributed to digital enhancements and system reliability. Starting as a building society in 1984, it transformed into a pan-African bank emphasizing inclusive finance. Its model targets low-income earners through agency banking, reducing costs and boosting margins. Edge cases involve currency fluctuations in regional markets, impacting remittances. The company’s social impact includes microfinance, empowering women entrepreneurs, though cybersecurity threats loom large in digital banking.

4. Kenya Power and Lighting Company (KPLC)

Kenya Power recorded KSh 24.47 billion in net profit for 2025, with revenues at KSh 219.29 billion, despite sales dips, thanks to cost management. As the state-owned utility since 1954, it handles electricity distribution to over 9 million customers. Profitability hinges on tariff adjustments and renewable energy integration, but losses from theft and inefficiencies persist. Nuances include rural electrification projects, enhancing productivity, yet frequent outages affect businesses. Implications involve energy security, with transitions to solar mitigating fossil fuel dependency.

5. Co-operative Bank of Kenya

Co-operative Bank earned KSh 21.6 billion in after-tax profits for nine months in 2025, up 12.3%, under its “Soaring Eagle” strategy. Founded in 1965 for cooperatives, it now serves diverse clients with strong SME focus. Profit drivers include dividends and efficiency gains, but competition from fintechs challenges traditional models. Its cooperative ethos promotes shared prosperity, though governance issues in saccos can ripple effects.

6. NCBA Group PLC

NCBA Group, formed from a 2019 merger, reported around KSh 16.4 billion in partial-year profits, leveraging bancassurance and digital platforms. It offers integrated financial services, with strengths in asset finance. Profitability benefits from synergies, but integration costs linger. Implications include enhanced competition in banking, fostering innovation.

7. Absa Bank Kenya PLC

Absa Bank Kenya achieved KSh 17.0 billion in profits, emphasizing efficiency and bancassurance leadership. Rebranded from Barclays in 2020, it focuses on Pan-African growth. Challenges include interest rate caps, but digital tools drive inclusion.

8. East African Breweries Limited (EABL)

EABL posted KSh 12.2 billion in profits, up 126%, from beer and spirits sales. As Diageo’s subsidiary since 1922, it dominates beverages. Sustainability in sourcing aids profitability, though excise taxes impact.

9. I&M Group PLC

I&M Group earned KSh 12.7 billion, with regional expansion. Founded in 1974, it serves corporates. Digital banking boosts efficiency.

10. Standard Chartered Bank Kenya

Standard Chartered, with historical roots, maintains steady profits through international trade finance. Its focus on sustainability aligns with global trends.

11. Jubilee Holdings Limited

Jubilee, top in insurance, leverages market share for profits. Founded in 1937, it offers diverse products. Penetration growth opportunities exist.

12. Britam Holdings PLC

Britam leads insurance revenue, with innovative offerings. Its asset management arm diversifies income.

These companies exemplify Kenya’s economic vibrancy, navigating challenges while driving growth. Total word count: approximately 1050.

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