Friday Oct 03, 2025
Friday Oct 03, 2025
Friday, 3 October 2025 02:06 - - {{hitsCtrl.values.hits}}
In an exclusive pre-publication release to the Daily FT, the publisher of leading business magazine LMD, Media Services, unveiled the top 20 line-up in the forthcoming LMD 100 annual edition.
Hayleys takes the top spot in the 32nd edition of Sri Lanka’s pioneering listed company rankings for financial year 2024/25. With a consolidated revenue exceeding Rs. 492 billion, the leading conglomerate secures top spot in Sri Lanka’s version of the Fortune 500 for the second consecutive year – it also helmed the rankings back in 2020/21.
Occupying second place on the podium with a top line of nearly Rs. 340 billion is LOLC Holdings while Carson Cumberbatch secures third place with a consolidated revenue of over Rs. 323 billion.
Commercial Bank of Ceylon (ComBank) leads the profitability rankings with a profit after tax exceeding Rs. 55 billion. It is followed by Browns Investments with profits surpassing Rs. 53 billion and Hatton National Bank (HNB), which recorded a bottom line of Rs. 44 billion to take the No. 3 spot among the most profitable listed companies in 2024/25.
A spokesperson for Media Services says the 100 strong rankings “underscore the continued dominance of Sri Lanka’s top conglomerates and banking sector among listed entities.”
In addition to the listed company rankings, the LMD 100 special edition will cover the national economy and performance of Sri Lanka’s leading listed companies in financial year 2024/25. It will also feature a series of interviews with a collection of the LMD 100’s high achievers.
Media Services says the LMD 100 special edition will be released in December.
