Assetline Finance records 14% increase in interest income reaching Rs. 11.3 bn

Assetline Finance Limited has delivered one of its strongest performances to date for the financial year ended 31 March 2025, reinforcing its position as one of Sri Lanka's leading non-bank financial institutions.

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It has recorded a 14 percent increase in interest income, reaching Rs. 11.3 billion, up from Rs. 9.9 billion the previous year.

Net interest income surged by 30 percent to Rs. 8.7 billion. Profit before tax rose by 96 percent to Rs. 5.6 billion, while profit after tax more than doubled to Rs. 2.7 billion—a 111 percent increase from the previous year.

Assetline Finance's exceptional financial performance was matched by continued improvements in operational efficiency, disciplined risk management, and balance sheet strength.

The company's total assets increased by 40 percent to Rs. 52.4 billion, while the lending portfolio grew by 46 percent to Rs. 42.7 billion, reflecting strong credit demand and effective portfolio management.

It maintained a robust Capital Adequacy Ratio (CAR) of 26.1 percent, well above the regulatory minimum, and strengthened its equity base by 15 percent, ensuring long-term financial resilience and investor confidence.