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| Chairman Malik Cader |
PMF Finance PLC has posted strong financial results for the six-month period ending 30 September 2025, demonstrating sustained growth, strengthened capital adequacy, and notable improvements in asset quality.
Key Highlights: Profit Before Tax: Rs. 300 million, compared to Rs. 117 million in the previous year — a 157% increase; Net Profit After Tax: Rs. 174 million, up from Rs. 110 million in the same period last year and Total Assets: Increased to Rs. 23.4 billion, compared to Rs. 19 billion as of 30 September 2024.
The company recorded an interest income of Rs. 2.42 billion, a significant rise from Rs. 1.87 billion during the corresponding period in 2024. After accounting for interest expenses of Rs. 1 billion, net interest income reached Rs. 1.42 billion, significantly higher than Rs. 890 million in the previous year.
Other income for the period amounted to Rs. 96 million. Operating expenses totalled Rs. 894 million, while impairment charges stood at Rs. 198 million.
Financial Position as of 30 September 2025:
- Loans and Receivables: Rs. 19.1 billion (up from Rs. 13.3 billion)
- Customer Deposits: Rs. 14.1 billion (up from Rs. 13 billion)
The company continued to demonstrate strong capital adequacy with a Tier 1 Capital Adequacy Ratio of 14.67% and a Total Capital Adequacy Ratio of 14.67%, both exceeding the regulatory requirements of 8.5% and 12.5% respectively. The Capital Funds to Deposit Liabilities Ratio improved to 22.73%, more than twice the minimum requirement of 10%.
Asset quality improvements were substantial:
- Gross Stage 3 Loans Ratio: Improved to 5.96% from 10.9%
- Net Stage 3 Loans Ratio: Improved to 3.92% from 8.86%
- Stage 3 Impairment Coverage Ratio: Increased to 37.19
These improvements reflect strengthened credit risk management practices and prudent provisioning for credit losses.
Chairman Malik Cader said: “PMF Finance PLC is entering a promising phase of growth, and these results demonstrate our financial resilience and strategic clarity. Our focus will continue to be on strengthening our core and building capacity for future diversification in the financial services landscape.”
Chief Operating Officer Ivon Brohier said: “Our performance this quarter clearly reflects disciplined financial management and strong execution of our strategic roadmap. We remain committed to enhancing operational excellence, expanding our customer base, and creating long-term value for all stakeholders.”
These results underscore PMF Finance PLC’s commitment to prudent financial management, capital optimisation, and continuous improvements in asset quality. The company remains focused on strengthening its core business while laying the foundation for expansion into new financial services. With an ongoing emphasis on governance, risk management, digital transformation, and customer-centric solutions, PMF Finance PLC is strongly positioned to deliver sustainable, long-term value to its stakeholders.
