Siyapatha Finance profit rises as assets swell to Rs. 84.7bn

Sumith Cumaratunga - Chairman / Mathisha Hewavitharana - CEO

Siyapatha Finance posted a profit before tax (PBT) of Rs. 2,660 million, an increase of 26 percent compared to the previous year. Profit after tax (PAT) grew by 29 percent to Rs. 1,556 million from Rs. 1,203 million, demonstrating both market and consumer confidence.

Siyapatha Finance PLC recorded a net interest income of Rs. 5,561 million for the year 2025, up from Rs. 4,533 million in the preceding year, signifying the company’s efficient management of assets and liabilities. Net fee and commission income strengthened by 44 percent to Rs. 499 million, solidifying the company’s position in non-interest revenue generation strategies. 

This growth further indicates effective market expansion and enhanced digital financial services. Total operating expenses for the year were contained at Rs. 3,793 million.

Operating profit before taxes reached Rs. 3,662 million, an impressive 26 percent increase compared to the Rs. 2,908 million recorded in the corresponding period last year, primarily attributed to improved operational efficiency through strategic cost initiatives and process optimisation. Further, personnel expenses increased by 24 percent to Rs. 2,595 million as a result of workforce upskilling and promoting a healthy workplace environment.

During the period in review, the Siyapatha Finance PLC balance sheet remained healthy. The company witnessed a rise in total assets from Rs. 59,709 million to Rs. 84,740 million, including a 23 percent increase in the leasing and hire purchase segment and a 63 percent increase in the gold loan segment. The surge was partly driven by strong demand in SME financing facilities bolstered by the company’s accelerated islandwide branch network expansion efforts. Simultaneously, total liabilities, too, rose to Rs. 74,705 million from Rs. 51,256 million in the previous year due to investment activities and small business lending.

Siyapatha Finance PLC displayed continued financial stability and credibility along with higher growth potential as its equity position stood robust with total equity reaching Rs. 10,035 million, a remarkable upgrade from the Rs. 8,453 million recorded last year. 

The net asset value per share increased to Rs. 99.79 in 2025 from Rs. 84.18 in 2024. This improvement underscores the company’s asset appreciation, prudent management decision-making, and overall positive performance across divisions.