Monday Feb 16, 2026
Monday Feb 16, 2026
Thursday, 12 February 2026 01:55 - - {{hitsCtrl.values.hits}}
Chairman Rajendra Theagarajah (left) and Managing Director / CEO Dilshan Wirasekara
First Capital Holdings PLC, has recorded a Total Comprehensive Income of Rs. 3.23 billion for the nine months ended 31 December 2025, compared to Rs. 4.53 billion in the corresponding period of the previous year.
For the third quarter of 2025/26, the Group reported a Total Comprehensive Loss of Rs. 0.17 billion, after accounting for a dividend tax expense of Rs. 0.41 billion.
The Group’s Net Income before Operating Expenses for the nine months of 2025/26 amounted to Rs.6.33 billion compared to Rs. 7.69 billion reported in the corresponding period of the previous year. Trading income was primarily driven by the Primary Dealer and Corporate Dealing Securities divisions, reinforcing the Group’s positioning across fixed income and equity market segments.
The Primary Dealer division reported a Profit after Tax of Rs. 1.64 billion for the nine months ended 31 December 2025 (1st nine months of 2024/25 – Profit after Tax of Rs. 2.45 billion). The results include trading gains on the Government securities portfolio of Rs. 1.66 billion and net interest income of Rs. 1.41 billion (1st nine months of 2024/25 – trading gains of Rs. 3.18 billion and net interest income of Rs. 1.31 billion), reflecting movements in yields and trading conditions during the period.
The Corporate Finance Advisory and Dealing Securities division recorded a Profit after Tax of Rs. 1.86 billion for the nine months ended 31 December 2025 (1st nine months of 2024/25 – Profit after Tax of Rs. 1.94 billion). The business unit reported total trading gains of Rs. 2.33 billion on its equity portfolio, compared to Rs. 2.23 billion in the corresponding period of the previous year, supported by market participation and portfolio positioning.
The Wealth Management division reported a Profit after Tax of Rs. 78.1 million for the nine months (1st nine months of 2024/25 – Profit after Tax of Rs. 90.1 million). Assets under Management stood at Rs. 96.4 billion as at 31 December 2025, compared to Rs. 115.9 billion as at 31 March 2025, reflecting market conditions and client portfolio adjustments.
The Stock Brokering division recorded a Profit after Tax of Rs. 166.3 million for the nine months compared to Rs. 39.5 million in the corresponding period of the previous year, supported by increased trading activities.
Chairman Rajendra Theagarajah said: “The operating environment during the period was shaped by shifts in interest rates, capital market activities, and fiscal adjustments. Against this backdrop, the Group’s performance reflects the structural strength of its capital markets platform and its ability to generate income across multiple market cycles while maintaining financial discipline.”
Managing Director/CEO Dilshan Wirasekara said: “Our priority during the period was to manage each business line with a clear focus on risk, liquidity and execution. Improved performance in stock brokering and consistent contributions from corporate finance reflect our ability to respond to market conditions while aligning capital deployment with client and market opportunities.”
