Lanka Credit and Business Finance ups 9-month PBT by 100% to Rs. 443 m

Lanka Credit and Business Finance PLC  (LCB Finance PLC) has recorded an exceptionally strong performance for the nine months ended 31 December 2025, reflecting strong financial performance and effective strategic execution.

In a statement the company said this achievement was driven by prudent Risk Management, cost management, improved operational efficiency, and sustained growth strategy across key business segments. The positive results underscore the Company’s resilience, sound governance and commitment to delivering long-term value to stakeholders. This strong outcome demonstrates the success of strategic initiatives, disciplined financial management and the collective efforts of the management and staff in driving sustainable growth. Strategic initiatives implemented during the year have contributed significantly to enhance operational efficiency and stable returns.

Revenue for the period rose to Rs. 1.41 billion, compared with Rs. 1.03 billion in the corresponding period of the previous year—an impressive 37% yearonyear increase. The growth was supported by higher sales volumes across core product segments, favorable market conditions, and strategic commercial initiatives undertaken during the year.

The company’s bottomline performance improved even more significantly. Profit before tax (PBT) almost doubled, rising from Rs. 222 million to Rs. 443 million, marking a 100% increase. This improvement reflects stronger operating performance and prudent cost controls across administrative and overhead expense categories.

Profit after tax (PAT) for the period climbed to Rs. 263 million, recording a 91% growth from Rs. 138 million a year earlier.

In addition, the company continued its commitment to shareholder returns by declaring Rs. 118 million in dividends for the period.

Total assets rose to Rs. 11.27 billion, reflecting an increase of 22% from Rs. 9.25 billion reported at the end of March 2025. The strong asset growth highlights the company’s continued expansion in its core lending operations and sustained market demand across its financial services offerings.

The largest contributor to the asset growth was the Loans and Receivables portfolio, which increased from Rs. 6.00 billion to Rs. 7.98 billion, marking a substantial improvement in credit disbursements during the ninemonth period. Lease rentals receivable and hire purchase assets also grew moderately to Rs. 1.82 billion, compared with Rs. 1.75 billion at the end of the previous financial year.

On the liabilities side, the company posted a significant rise in customer deposits, which climbed to Rs. 5.68 billion from Rs. 4.64 billion an increase of over Rs. 1 billion within nine months. This underscores investor confidence in the institution’s stability and returns. Borrowings due to banks also rose sharply to Rs. 1.79 billion, up from Rs. 1.07 billion, reflecting expanded funding requirements amid rising loan demand.

The company also reported Rs. 200 million in debt securities under financial liabilities, indicating the utilisation of alternative funding channels to diversify its capital structure. Total liabilities increased to Rs. 8.01 billion, compared with Rs. 6.13 billion at the end of March 2025.

The healthy growth in the equity base also resulted in an improvement in the Net Asset Value (NAV) per share, which rose to Rs. 4.14 compared with Rs. 3.95 as at 31 March 2025.

CEO K.G. Leelananda said: “This strong profit achievement is a testament to the trust placed in us by our customers, the confidence of our stakeholders, and the unwavering commitment of our management and staff.  We remain focused on sustainable growth while delivering value to our stakeholders. LCB Finance continues to strengthen its market position through innovation, responsible lending practices and adherence to the highest standards of corporate governance. The company remains optimistic about maintaining its positive momentum in the months ahead.”

With a strengthened balance sheet and growing customer base, Lanka Credit and Business Finance PLC said in its statement it remains wellpositioned for continued growth in the upcoming quarters.