HomeBizHighlightsNDB Records Outstanding 65% Growth in Post-Tax Profit for Nine Months

NDB Records Outstanding 65% Growth in Post-Tax Profit for Nine Months

Published on

National Development Bank PLC (NDB) reported an exceptional 65% increase in post-tax profit, reaching LKR 7.5 billion for the nine months ended September 2025, marking an institutional high on a normalised standalone basis. The strong results were driven by a 32.3% rise in net operating income and a 62.1% increase in pre-tax profit, supported by robust loan growth, improved asset quality, and enhanced non-fund income.

Net loans expanded by 22.1%, deposits grew by 7.2%, and total assets increased by 10.6%, reflecting the bank’s focus on sustainable growth and customer value creation. The SME loan portfolio grew by over 24%, underscoring NDB’s commitment to supporting small and medium enterprises.

Commenting on the performance, CEO Kelum Edirisinghe attributed the success to strategic clarity, operational excellence, and resilience, reaffirming NDB’s dedication to sustainable banking, innovation, and value creation for all stakeholders.

LATEST NEWS

Ceylinco Life Retains Position as Sri Lanka’s Most Valuable Insurance Brand

Ceylinco Life has retained its position as Sri Lanka’s most valuable insurance brand in...

Gamma Interpharm Begins Pharmaceutical Exports to Cambodia, Expanding Sri Lanka’s Pharmaceutical Footprint

Gamma Interpharm Ltd. has commenced exports of Sri Lankan-manufactured pharmaceuticals to Cambodia, marking a...

Chandana Guniyangoda Assumes Duties as New Chairman of People’s Bank

Mr Chandana Guniyangoda has assumed duties as the new Chairman of People’s Bank, marking...

Nvidia Rides the AI Wave as Investors Question What Comes Next

Nvidia, the world’s most valuable company, is set to announce its latest financial results...

MORE LIKE THIS

Ceylinco Life Retains Position as Sri Lanka’s Most Valuable Insurance Brand

Ceylinco Life has retained its position as Sri Lanka’s most valuable insurance brand in...

Gamma Interpharm Begins Pharmaceutical Exports to Cambodia, Expanding Sri Lanka’s Pharmaceutical Footprint

Gamma Interpharm Ltd. has commenced exports of Sri Lankan-manufactured pharmaceuticals to Cambodia, marking a...

Chandana Guniyangoda Assumes Duties as New Chairman of People’s Bank

Mr Chandana Guniyangoda has assumed duties as the new Chairman of People’s Bank, marking...