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JXG reports LKR 2.28Bn Net Profit in Q1 FY26, signalling strong start to the year
The Island
|August 19, 2025
Continuing its positive trajectory, Sri Lanka's emerging financial conglomerate, JXG (Janashakthi Group), reported a consolidated net profit after tax (NPAT) of LKR 2.28 billion for the first quarter ended 30th June 2025.
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The group's positive performance was fueled by a robust 41% year-on-year (YoY) growth in consolidated revenue, which reached LKR 8.36 billion. These results were driven by outstanding contributions across the Group's key business verticals, particularly insurance. Janashakthi Insurance PLC, the Group's insurance arm, delivered a strong NPAT of LKR 1.32 billion for the quarter under review, marking a significant 70% increase compared to the corresponding period last year. This performance was underpinned by new business premiums soaring by 73% in regular first-year premiums, reflecting the company's focused efforts on customer acquisition and enhanced channel engagement.
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