Monday Aug 25, 2025
Monday Aug 25, 2025
Thursday, 21 August 2025 04:23 - - {{hitsCtrl.values.hits}}
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Janashakthi Finance Chairman Rajendra Theagarajah
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In the wake of its strategic rebranding from Orient Finance PLC, Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group) announced its financial results for the first quarter ended 30 June, reporting a Net Profit After Tax (NPAT) of Rs. 60 million.
Net Operating Income surged to Rs. 672 million for the quarter, a 35% year-on-year increase. This performance was driven by an increase in Interest Income, fuelled by an expanded Loans and Receivables portfolio of Rs. 23.81 billion – up from Rs. 16.61 billion in the comparable period last year.
The purposeful performance was a result of disciplined execution and renewed focus as Janashakthi Finance PLC Chairman Rajendra Theagarajah noted. “Our Q1 results reaffirm the direction we have taken. The profit and deposit growth we’re seeing are results of strategic alignment across our teams, from frontline to back-end operations. With a clear roadmap ahead, we remain committed to leveraging our brand transformation to unlock greater market share, deepen customer relationships, and drive sustainable financial performance.”
He further said, “This quarter’s performance is more than just numbers. It marks a fundamental shift in how we engage with our stakeholders. Our renewed brand identity is underpinned by a disciplined growth strategy and a deeper commitment to customer-centricity. We are confident that our efforts will drive consistent performance and position us as a credible partner in the evolving financial services ecosystem. Moreover, customer confidence in Janashakthi Finance PLC was evident, with deposits growing 6% quarter-on-quarter to reach Rs. 16.90 billion. This steady growth highlights the company’s strong financial standing and its commitment to delivering value.”
As Janashakthi Finance PLC continues to evolve under its new identity, the business remains focused on driving financial inclusion, enhancing digital access, and innovating around customer needs anchored by sound governance and a forward-looking leadership team.
