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JXG in strong start for FY26; reports Rs. 2.28 b net profit in 1Q
Daily FT
|August 18, 2025
CONTINUING its positive trajectory, financial conglomerate, JXG (Janashakthi Group), has reported a consolidated net profit after tax (NPAT) of Rs. 2.28 billion for the first quarter ended 30 June.
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The group’s positive performance was fuelled by a robust 41% year-on-year (YoY) growth in consolidated revenue, which reached Rs. 8.36 billion. These results were driven by outstanding contributions across the Group’s key business verticals, particularly insurance, JXG said ina statement.
Janashakthi Insurance PLC, the Group’s insurance arm, delivered a strong NPAT of Rs. 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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