LOLC Finance reports robust 1H with Rs.14bn PAT

Chairman Conrad Dias

Director/CEO Krishan Thilakaratne

LOLC Finance PLC, Sri Lanka’s largest and most profitable non-bank financial institution (NBFI), delivered a strong performance for the six months ended September 30, 2025, reflecting steady growth across key business lines and improved profitability amid a competitive operating environment.

LOLC Finance ended the period under review with a profit after tax of Rs.14 billion, marking a 72 percent year-on-year growth from Rs.8.1 billion in the corresponding period of the previous year. The strong earnings performance was underpinned by higher net interest income, effective cost management and a significant reduction in impairment charges.

The company’s gross lending portfolio expanded to Rs.360.2 billion, an 18 percent growth, while customer deposits grew by 6 percent to Rs.238.6 billion, reflecting its strong brand affinity and lending momentum. Total assets rose by 8 percent to Rs.466.3 billion, underscoring a solid balance sheet growth and market confidence.

LOLC Finance’s exceptional half-year performance is underpinned by its strong digitalisation drive and resilient, diversified business model. The company continues to advance financial inclusion across Sri Lanka by empowering individuals and businesses through SME, personal finance, agriculture, Islamic finance, working capital and vehicle financing key sectors of the national economy. With a commanding share of the NBFI sector, accounting for 36.3 percent of industry profits, 30.3 percent of equity and 20.6 percent of assets, LOLC Finance stands as a true financial powerhouse driving inclusive growth.

At the core of this success is its commitment to building a seamless, cashless financial ecosystem powered by automation, AI, data analytics and secure digital platforms. From loan approvals to disbursements, collections and deposits, the company has redefined customer engagement through convenience and accessibility. Its consecutive wins at the LankaPay Technovation Awards reaffirm LOLC Finance’s leadership in digital innovation and its vision to shape the future of Sri Lanka’s financial services landscape.