LCB Finance posts 55% growth in pre-tax profit

• Assets approach Rs.13bn

CEO and Executive Director K.G. Leelananda	AGM Finance and Strategic Planning Kelum Wannige

LCB Finance PLC delivered a year of strong financial performance and strategic expansion for the financial year ended March 31, 2026, recording a 55 percent increase in profit before tax to Rs.439 million while continuing to strengthen its position as one of Sri Lanka’s fast-growing finance companies.

The company’s total assets increased to Rs.12.87 billion, marking a significant milestone within just a decade of operations. The performance reflects LCB Finance’s continued focus on sustainable growth, operational excellence, prudent risk management and expanding access to financial services across the country.

Total operating income rose by 36.9 percent year-on-year to Rs.1.34 billion, supported by strong lending and deposit mobilisation. Net interest income increased by 43.03 percent to Rs.1.21 billion, reflecting effective balance sheet management and disciplined execution of the company’s growth strategy.

LCB Finance’s lending portfolio expanded by 32 percent to Rs.10.30 billion, driven by continued demand across key sectors including SMEs, self-employment, housing, tourism, transport, cooperative enterprises and women-led businesses. The company also recorded exceptional growth in its gold loan portfolio, which surged by 136 percent, highlighting increasing customer demand for secured short-term financing solutions.

Customer confidence remained strong throughout the year, with deposits growing by 35 percent to Rs.6.29 billion. The sustained increase reflects the trust placed in LCB Finance by the customers and its commitment to delivering secure and reliable financial services.