SLT Group rings strong 3Q and nine-month results

Records Rs. 6.5 b PAT, heralding strong turnaround from 2024, Operating profit surges 64% YoY to Rs. 11.8 b, showcasing disciplined execution and sustained financial momentum, Finance cost down 21% YoY, highlighting prudent financial management At company level, PAT rises 238% YoY to Rs. 4.1 b, Mobitel delivers Rs. 1.7 b net profit

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SRI Lanka Telecom (SLT) Group yesterday said it has reported a robust financial performance for the third quarter and nine months ended 30 September 2025, continuing an upward trajectory with substantial improvements in profitability, operational efficiency, and strategic cost management.

In a statement, SLT said the Group's disciplined execution and focus on financial resilience have resulted in a sustained turnaround from the previous year, strengthening its position as a key enabler of Sri Lanka's digital economy.

In 3Q 2025, the Group advanced the strong performance, achieving a Profit After Tax (PAT) of Rs.2.2 billion, compared to Rs. 1.1 billion in 3Q 2024.

Reduced finance costs contributed significantly to the 100.2% surge in profitability.

At the company level, SLT PLC witnessed similar traction, posting a sharp improvement in PAT of Rs. 1.4 billion, against Rs. 932 million year-on-year (YoY), signalling a 53% increase driven by lower interest costs. Mobitel delivered a surge in profits contributing Rs. 639 million, compared to Rs. 17 million in 3Q 2024, denoting an exceptional 3,660% improvement.