*Gross income reaches Rs. 430 billion
*Results from operating activities increase by 49% to Rs. 72 billion
* Total assets exceed Rs. 2.3 trillion
* Total equity increases to Rs. 654 billion
LOLC Holdings PLC delivered a strong operating performance for the year ended 31 March 2026, underpinned by robust income growth, a significant expansion in core operating profitability and continued scale-up of its financial services-led diversified business model. With a global operating presence across 27 countries, the Group continues to strengthen its position as Sri Lanka’s most internationally diversified conglomerates, combining financial services scale with strategic interests across plantations, agri, manufacturing, trading, leisure, real estate and insurance.
FY2026 from Rs. 47.9 billion in the previous year. This performance was supported by a strong expansion in gross income, which increased by 28% to Rs. 430.3 billion from Rs. 336.2 billion.
Operating profit before depreciation and amortisation also strengthened materially, increasing to approximately Rs. 88.8 billion from approximately Rs. 60.6 billion in FY2025. This reflects the enhanced earnings capacity of the Group’s underlying businesses and the growing contribution from its diversified operating platform.
The results reaffirm LOLC’s position as one of Sri Lanka’s most globally diversified conglomerates, with a business model increasingly driven by scale, international reach, disciplined execution and recurring operating strength. Strong operating profitability reflects business momentum The sharp improvement in operating profitability was the defining feature of the Group’s FY2026 performance. Results from operating activities increased by Rs. 23.6 billion during the year, reflecting stronger contribution from key business verticals and improved operating leverage across the Group.
The increase in gross income to Rs. 430.3 billion demonstrates the continued expansion of LOLC’s income-generating asset base and the Group’s ability to build revenue momentum across multiple sectors and geographies. Net interest income increased to Rs. 119.9 billion from Rs. 105.6 billion, while revenue rose to Rs. 158.2 billion from Rs. 109.2 billion. Gross profit also increased to Rs. 61.4 billion from Rs. 43.5 billion, further strengthening the Group’s operating platform.
Profit after tax stood at Rs. 23.4 billion in FY2026, with the year-on-year movement primarily reflecting the impact of one-off items recognised in the comparative period. The Group’s FY2026 performance was anchored by stronger recurring operating profits, supported by the 49% increase in results from operating activities. This performance provides a clear view of the Group’s business momentum and the scale benefits emerging from its financial services, manufacturing and trading, plantation and agri, leisure and real estate, and insurance interests.
The financial services segment continued to dominate Group performance, delivering Rs. 51.7 billion in results from operating activities in FY2026, compared to Rs. 39.2 billion in FY2025.
The segment remains the primary driver of LOLC’s earnings base, supported by its established presence in Sri Lanka and its extensive international financial services footprint. LOLC’s financial services operations now span 21 countries, comprising seven countries in Asia, three countries in Central Asia and11 countries in Africa. This multi-regional platform provides the Group with geographic diversification, access to high-growth frontier and emerging markets, and the ability to scale its lending model across multiple economic cycles. The financial services asset base increased from Rs. 1.09 trillion to Rs. 1.36 trillion during the year, reinforcing the scale and depth of the Group’s core platform. The segment’s performance reflects the strength of LOLC’s operating model: disciplined expansion, strong market execution, diversified jurisdictional exposure and a growing lending franchise.
Source : Daily News