Janashakthi Group delivers strong FY25 performance with Rs. 5.24 bn NPAT

• Records investment banking sector NPAT of Rs. 5.02bn,
• Insurance sector NPAT of Rs. 4.51 bn
• Finance & leasing sector NPAT of Rs. 371.80 mn

Chandan de Silva

Ramesh Schaffter

JXG (Janashakthi Group) has announced a Net Profit After Tax (NPAT) of Rs. 5.24 billion for the financial year ended March 31, 2025.

For the 12-month period under review, the Group recorded a revenue of Rs. 24.76 billion. The primary contribution to Group revenue came from the investment banking arm, First Capital Holdings PLC contributing Rs. 13.77 billion, followed by the insurance arm, Janashakthi Insurance PLC, contributing Rs. 6.60 billion, and the finance and leasing arm, Janashakthi Finance PLC, contributing Rs. 4.46 billion. As a result, the Group reported a NPAT of Rs. 5.24 billion, reflecting a Net Profit Margin of 21.2 percent.

Investment Banking Sector recorded a total Net Profit After Tax (NPAT) of Rs. 5.02 billion for the year ending 31 March 2025, marking the second-highest performance in First Capital’s history. The equity portfolio of the corporate dealing securities and advisory division delivered a standout PAT of Rs. 2.2 billion, up from Rs. 215 million in the prior year.

Insurance Sector recorded a NPAT of Rs. 4.51 billion inclusive surplus transfer driven by the 43.9 percent year-on-year increase in Gross Written Premiums (GWP) for the financial year ended 31 December 2024, totaling Rs. 6.60 billion – up from Rs. 4.58 billion from previous year. This performance was underpinned by an asset base of Rs. 37.90 billion, a 4.7 percent increase compared to FY23.

Finance and Leasing Sector recorded an NPAT of Rs. 371.80 million for the year ended 31 March 2025, marking a 6.7 percent increase compared to Rs. 348.53 million in the previous year. During the year, the sector recorded a 33.6  percent increase in assets, growing from Rs. 20.48 billion to Rs. 27.36 billion, while deposits rose by 17.3 percent to Rs. 15.90 billion, reflecting growing customer confidence and strengthened market positioning.

Ramesh Schaffter, MD/Group CEO of JXG (Janashakthi Group) commented on the Group’s performance, stating, “As we close FY25, we do so on the back of a commendable financial performance amidst a recovering economy and a shifting national landscape. Over the past year, we have sharpened our strategic focus — we aim to deliver smarter, more accessible financial solutions, while advancing the strategic moves necessary to scale efficiently and sustainably. The groundwork is set — and FY26 will be about unlocking that potential.”

Chandan de Silva, Group Chairman of JXG (Janashakthi Group), also spoke on the company’s achievements, adding, “FY25 was a transformative year for JXG. Unlike the prior year, where performance was driven by market volatility, this year’s success stems from thoughtful execution, long-term investments, and market adaptability. We not only reinforced our financial foundation but also reaffirmed our commitment to operational excellence and corporate responsibility.As we move forward, we remain focused on innovation, governance, and stakeholder value creation — hallmarks that will define JXG’s trajectory in FY26 and beyond.”