# The ANC Parliamentary Caucus has described Eskom’s latest financial results as a significant milestone in the turnaround of South Africa’s electricity sector. The power utility posted a profit after tax of 30.3-billion-rand for the year ended March 2026, up sharply from 14-billion-rand a year earlier. Eskom says the result was driven largely by improved power station performance, cost discipline and lower reliance on emergency diesel generation. The ANC says this shows that decisive government intervention, sound leadership, operational discipline, and sustained investment are delivering results.
ANC welcomes Eskom’s second consecutive year of profitability