PMF Finance delivers strong performance

• Signals continued growth momentum

PMF Finance Chairman Chandula Abeywickrama

PMF Finance PLC has reported robust financial performance for the first quarter of the financial year 2025/26, reinforcing the institution’s sustained transformation and market positioning. 

Demonstrating resilience and strong operational execution, the company reported a gross income of Rs.1.22 billion, reflecting a 23 percent increase over the corresponding period last year. The net interest income for the period stood at Rs.680 million, up 63 percent year-on-year, supported by a prudent lending strategy and improved asset quality.

The company’s operating profit before tax rose to Rs.187.9 million, compared to Rs.60 million in the same period last year, highlighting over 200 percent growth in operating profitability. 

Profit after tax was recorded at Rs.77.3 million, growing from Rs.40.6 million in 1Q of the previous year. This strong bottom-line performance was further reflected in the company’s growing contribution to national revenue, with tax payments for the quarter totalling Rs.110 million, compared to Rs.19 million in the corresponding period—a sixfold increase.

Total assets of the company increased to Rs.22.3 billion, with loans and receivables rising to Rs.18.1 billion. The deposit base remained stable at Rs.14.2 billion, while the company’s non-performing loan (NPL) ratio declined significantly to 6.95 percent, a marked improvement from the historically high levels recorded in previous years. 

Shareholders’ Funds increased to Rs.3.1 billion from Rs.2.9 billion recorded as at March 31, 2025, reflecting continued internal capital generation and business stability.

PMF’s financial performance is underpinned by a disciplined approach to governance, strengthened by a strategically appointed and diverse board of directors. The board includes professionals with deep expertise in finance, risk, law, operations and development, positioning the company with the strategic depth required for its next phase of growth. This renewed leadership has been instrumental in reshaping the company’s trajectory and unlocking value through enhanced governance, accountability and forward-looking decision-making.

Commenting on the performance, PMF Finance Chairman Chandula Abeywickrama noted, “The continued momentum in profitability and operational efficiency is a reflection of the strategic clarity and governance discipline we have embedded across the organisation. PMF is now seen as a credible financial partner, not only because of the numbers we deliver but because of the values we uphold. We remain committed to delivering sustainable growth, customer-centric innovation and long-term stakeholder value.”

With its lean structure, agile footprint and renewed market confidence, PMF Finance is poised to scale its offerings across diverse segments, while staying aligned with national development priorities. The institution’s turnaround story has now transitioned into a growth narrative, one that signals enduring potential in Sri Lanka’s evolving financial services sector.