profit Archives - Lanka Business News

May 28, 2025

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In a powerful demonstration of strategic renewal, SLT-MOBITEL has reported a remarkable turnaround in its financial performance for the first quarter of 2025, posting a Group Profit After Tax (PAT) of Rs. 2,001 million, a dramatic leap from Rs. 156 million in Q1 2024. This performance not only underscores the company’s operational resilience but also reaffirms its […]

May 28, 2025

Continues Momentum with Strengthened Balance Sheet and Upgraded Credit Rating First Capital Treasuries PLC, a subsidiary of First Capital Holdings PLC and a leading nonbank primary dealer in Sri Lanka, announced a Profit after Tax of Rs. 3.0 billion for the financial year ended 31 March 2025, demonstrating its financial strength and resilience amid evolving […]

May 27, 2025

Profit after tax recorded at Rs. 146 million in FY25 Q4 PAT surges 190% YoY to Rs. 69 million Sharp improvement in asset quality with Gross Stage 3 ratio down from 5.25% in FY24 to 1.86% in FY25. One of Sri Lanka’s fastest growing finance companies, Mahindra Ideal Finance Limited (MIFL), posted robust top and […]

May 15, 2025

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Loan book grows by Rs 116.75 Bn. in 3 months to Rs 1.642 Tn. Net interest income up 23.53% to Rs 34.21 Bn. Improves provision cover and interest margin alongside balance sheet growth Reports 3-month PBT of Rs 22.56 Bn. and PAT of Rs 14.97 Bn., with taxes amounting to Rs. 11.61 Bn. The Commercial […]

May 8, 2025

Emirates is the world’s most profitable airline, and Emirates Group the world’s most profitable aviation group in the 2024-25 reporting period DUBAI, UAE, 8 May 2025 – The Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the […]

April 25, 2025

Profit before Income Tax – LKR 4,199 Mn up by 13.36% Profit after Tax – LKR 2,761 Mn up by 20.29% Liquidity Coverage Ratio (LCR) – All Currency of 389.25% and Rupee of 349.51% Return on Equity (ROE) of 15.81% Total Capital Adequacy Ratio of 17.64% Impaired Loans (Stage 3) Ratio at 1.98% Seylan Bank […]

April 10, 2025

Siyapatha Finance PLC announced a strong financial performance for the fiscal year 2024 with the highest recorded profit in Siyapatha history, reflecting its strategic expansion, prudent financial management, and resilience in a dynamic economic environment. For the year ended 2024, Siyapatha Finance PLC recorded a net interest income of Rs. 4,534 million, marking a substantial […]

October 31, 2024

Teejay Group, Sri Lanka’s first multinational textile manufacturer, recorded a Profit after Tax of LKR 0.9 Bn for the first half of the financial year ending 30th September 2024. The Group Revenue reached a notable LKR 32.7 billion, recording an 11% increase compared to the first half of the previous year. Gross Profit of the […]

September 2, 2024

Orient Finance has achieved a significant turnaround in its financial performance for the year 2023/24, recording a Profit after Tax of LKR 348.53 million—an impressive growth of 584% compared to the previous year’s loss of LKR 72 million. Total assets increased by 17% to LKR 20,477 million, reflecting accelerated growth that has surpassed industry average […]

August 15, 2024

Bank PAT of Rs 15.4 Bn Loans grow by Rs 28 Bn in Q2 Rs 58 Bn growth in rupee CASA in 1H Maintains strong capital and liquidity levels Hatton National Bank PLC posted a profit before tax of Rs 25.8 Bn and a profit after tax of Rs 15.4 Bn during the six months […]

SLT-MOBITEL’s Q1 Surge Reinforces its Role as a Pillar of Progress

First Capital Treasuries PLC reports Rs. 3.0Bn Profit after Tax for FY 2024/25

Mahindra Ideal Finance delivers strong FY25 results with 111% growth in disbursements and 41% surge in profits

ComBank ends Q1 as first private sector banking group on the cusp of Rs 3 Tn. assets milestone

Emirates Group achieves record profit of AED 22.7 bn (US$ 6.2 bn) in 2024-25

Seylan Bank records an impressive Profit after Tax (PAT) of LKR 2.76 Bn in Q1 2025

Siyapatha Finance PLC delivers strong financial performance in FY 2024, demonstrating strong customer trust and market confidence

Teejay closes H1 charting a strong course for future

Orient Finance Achieves Remarkable Financial Turnaround in 2023/24

HNB Group records Rs 16.2 Bn in PAT for 6 months