Try GOLD - Free

First Capital Holdings reports robust Q1 FY2025/26 performance with Rs. 2.15 b Profit after Tax

Daily FT

|

August 13, 2025

FIRST Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, announced its financial results for the first quarter ended 30 June 2025, reporting a Profit after Tax (PAT) of Rs. 2.15 billion, a substantial increase from Rs. 582 million recorded in the corresponding period of the previous year.

This strong performance reinforces the Group's position as a leading investment institution in Sri Lanka, driven by strategic market alignment and sectoral diversification.

The Group's net trading income before operating expenses stood at Rs. 3.40 billion, up from Rs. 1.12 billion in the same quarter of last year, reflecting effective execution in a favourable market shaped by a moderate decline in interest rates following a reduction in the monetary policy rate.

The Group's Primary Dealer division emerged as the largest contributor, delivering a PAT of Rs. 1.55 billion (2024/25-Rs. 464 million). This includes a trading gain of Rs. 2.06 billion on government securities and net interest income of Rs. 503 million, compared to Rs. 462 million and Rs. 387 million respectively in the previous year.

MORE STORIES FROM Daily FT

Daily FT

Daily FT

EUDR: What is it and what are its implications?

Sri Lankan rubber exporters to EU from pillar to post?

time to read

8 mins

October 13, 2025

Daily FT

Daily FT

'Hello Amma' empowers mothers to re-enter workforce

Holds first Return-to-Work workshop

time to read

2 mins

October 13, 2025

Daily FT

Bairaha's 'THIRD EYE' App for visually impaired secures multiple wins at SLIM Digis 2.5

BAIRAHA Farms PLC claimed victory at the recent SLIM Digis 2.5, which took place at the Monarch Imperial, Sri Jayawardenepura Kotte.

time to read

1 min

October 13, 2025

Daily FT

Union Assurance pioneers digitisation of Advisor Life Cycle Management

UNION Assurance has set a new industry benchmark by becoming the first to fully digitise the Advisor Life Cycle Management process.

time to read

1 min

October 13, 2025

Daily FT

Daily FT

Sumathi IT introduces Sri Lanka's first DJI Dock 3 - boost public safety, infrastructure, and enterprise

SUMATHI Information Technologies Ltd., Geospatial Engineering Solutions provider and a subsidiary of Sumathi Holdings Ltd., unveiled the country’s first-ever DJI Dock 3 at The View — Waters Edge, with over 180 representatives from multiple Government and business sectors attending the event.

time to read

2 mins

October 13, 2025

Daily FT

BASL outraged over Police assault on lawyer inside Court

THE Bar Association of Sri Lanka (BASL) has expressed deep concern and outrage over the assault of an attorney-at-law by a Police officer within the Mount Lavinia Court premises, calling the incident “inexplicable” and urging the Inspector General of Police (IGP) to ensure such acts do not recur.

time to read

1 min

October 13, 2025

Daily FT

Islamic Finance Forum of South Asia celebrates decade of excellence

THE Islamic Finance Forum of South Asia (IFFSA) marked a landmark celebration this year, bringing together industry leaders, policymakers, and practitioners for its 10th edition at Shangri-La Colombo.

time to read

3 mins

October 13, 2025

Daily FT

Daily FT

Muslim politics and culture: Disturbing symbiosis

SINCE 1980s when Sri Lanka Muslim Congress (SLMC) entered the country’s political arena Muslim politics and Muslim culture began to develop a symbiotic relationship to strengthen the community's identity politics.

time to read

5 mins

October 13, 2025

Daily FT

Daily FT

New Companies Act requires full disclosure of beneficial owners amidst enforcement challenges

TARGETING hidden wealth, the new amendments to the Companies Act demands full disclosure of beneficial ownership, but secrecy and complex offshore structures will make enforcement difficult, said a panel of industry experts and stakeholders recently.

time to read

2 mins

October 13, 2025

Daily FT

ICCSL webinar empowers taxpayers as tax filing deadline draws closer

AS the closing date for filing income tax returns draws closer (on or before 30 November), taxpayers, auditors, and consultants are working against the clock to finalise their computations.

time to read

2 mins

October 13, 2025

Listen

Translate

Share

-
+

Change font size