LOLC Holdings PLC has reported a robust financial performance for the year ended 31 March 2026, reinforcing its position as one of Sri Lanka’s most internationally diversified conglomerates. The Group recorded a 49% increase in results from operating activities to Rs. 71.5 billion, supported by strong growth across its financial services, manufacturing and trading, plantation and agri-business, leisure, real estate, and insurance sectors.
Gross income rose by 28% to Rs. 430.3 billion from Rs. 336.2 billion in the previous year, while operating profit before depreciation and amortisation increased significantly to Rs. 88.8 billion. Total assets expanded beyond the Rs. 2 trillion milestone to reach Rs. 2.32 trillion, while total equity strengthened to Rs. 654.3 billion.
The Group’s financial services segment remained its primary earnings engine, generating Rs. 51.7 billion in operating profits and expanding its asset base to Rs. 1.36 trillion. LOLC’s financial services operations now span 21 countries across Asia, Central Asia, and Africa, highlighting the strength of its global expansion strategy.
The manufacturing and trading segment delivered exceptional growth, with operating profits increasing more than eightfold to Rs. 9.2 billion. Meanwhile, the plantation and agri-business segment returned to profitability, recording an operating profit of Rs. 1.7 billion after posting a loss in the previous year.
Credit quality also improved, with net impairment losses declining to Rs. 15.9 billion despite strong loan growth. Advances and other loans increased to Rs. 981.8 billion, reflecting disciplined expansion and prudent risk management.
The Group’s international footprint continued to generate value, contributing a Rs. 24 billion gain in other comprehensive income through foreign currency translation. Net asset value per share increased by more than Rs. 100 to Rs. 822.46.
With operations across 27 countries, a diversified earnings base, and a strengthened balance sheet, LOLC Holdings enters its next phase of growth with significant momentum, enhanced earnings capacity, and a clear focus on long-term shareholder value creation.
