Ambeon Group reports strong 1Q 2025/26 performance with significant profit growth

• Diversified portfolio and strategic agility propel 1Q 2025/26 results

Sujeewa Mudalige	Sajeeva Narangoda

Ambeon Capital PLC, the investment holding company of the Ambeon group, reported a profit after tax (PAT) of Rs.731 million, making a significant profit growth compared to the PAT of Rs.83 million in the same period last year. 

Ambeon Holdings PLC, the group’s principal operating subsidiary, which is a leading diversified conglomerate with core operations across information technology, financial services, real estate and strategic investments, reported a PAT of Rs.677 million, marking a remarkable improvement compared to the PAT of Rs.183 million reported in the same period last year. 

This growth was primarily driven by fair value gains from strategic investments, demonstrating the group’s strategic agility and ability to deliver consistent returns despite the market volatility. 

Ambeon Group Chairman Sujeewa Mudalige stated, “We are pleased to report a strong start to the financial year. This performance reflects the group’s resilience and strategic foresight while demonstrating the strength of our investment portfolio and prudent financial management.” 

Recording a strong topline growth, Ambeon Holdings’ revenue for the quarter increased by 32 percent year-on-year to Rs.3,985 million, from Rs.3,029 million in 1Q of FY 2024/25. 

“Our 1Q results are a testament to the strength and adaptability of the Ambeon group in a dynamic and evolving economic environment,” stated Group Chief Executive Officer and Executive Director Dr. Sajeeva Narangoda.

As a standalone entity, Ambeon Holdings contributed Rs.586 million to group earnings, reflecting growth in its strategic investment portfolio compared to the previous financial year. The group’s financial services cluster, encompassing stockbroking, money broking and fixed income securities trading, delivered a PAT of Rs.182 million, supported by consistent demand and effective market positioning. 

The real estate cluster, represented by Colombo City Holdings PLC, posted a PAT of Rs.67 million, backed by the ongoing property value optimisation initiatives, while the technology cluster, led by MillenniumIT ESP experienced a challenging quarter with subdued performance due to sector-specific headwinds. 

During 1Q, in a move that blends vision with confidence, Ambeon Capital PLC acquired a 14.1 percent equity stake in Capital Metals PLC, a UK-listed company developing one of Sri Lanka’s most promising mineral sands projects.