LOLC Finance delivers highest PAT of Rs. 25 b

LOLC Finance PLC said yesterday it has set a new benchmark in the Non-Bank Financial Institution (NBFI) sector by reporting an outstanding Profit After Tax (PAT) of Rs. 25 billion for the financial year ending 31 March 2025.

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• Loan portfolio surpasses Rs. 305 b mark

• Deposit base exceeds Rs. 225 b

• Net NPL at 4.97%

In a statement LOLC Finance said this marks an impressive increase from Rs. 21.5 billion recorded during the previous financial year, delivering double-digit profit growth.

Surpassing a historic milestone, this performance is a clear affirmation of LOLC Finance's transformation into a financial powerhouse, one that has begun to transcend the traditional boundaries between banks and non-banking financial institutions, now competing on par as a national economic pioneer, and a true peer to Sri Lanka's leading banks.

This resounding performance is the outcome of a robust, visionary strategy anchored in financial inclusion, digital innovation, and sectoral leadership.

With a loan portfolio exceeding Rs. 305 billion and a deposit base of Rs. 225 billion, LOLC Finance has displayed a level of financial strength that places the company in direct comparison with the nation's leading banks. Notably, another standout financial indicator reported by the company during the period is its Net Non-Performing Loan (NPL) ratio which stood at 4.97%, an outstanding improvement from 10.48% reported during the year prior.