SLT Group PAT surges 221% in 2025

THE Sri Lanka Telecom (SLT) Group has ended FY2025 strongly, with substantial improvement in profitability. Profit After Tax (PAT) surged 221% versus the previous year to Rs. 10 billion, compared to Rs. 3.1 billion in FY2024, sustained through cost savings, reduced finance costs, and steady revenue growth for fixed and mobile segments.

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Group PAT driven by cost savings and efficiency; operating profit up 27% YoY to Rs. 14.2 b ■SLT PAT climbs 196% YoY to Rs. 6.2 b; Mobitel achieves Rs. 3.1 b PAT, up 2,123%.

Group revenue grew 3% to Rs. 114.2 billion, with SLT PLC contributing a 2% increase and Mobitel reporting a stronger 5% growth.

Operating expenses (excluding depreciation and amortisation) was Rs. 72 billion, resulting in a 5.5% improvement in Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) to Rs. 42.2 billion and a 26.9% increase in operating profit to Rs. 14.2 billion.

Finance costs continued to decline as the Group reduced debt and benefited from lower interest rates, contributing to an 88% increase in Profit Before Tax (PBT) to Rs. 11.3 billion. Group interest costs decreased 21% to Rs. 7,054 million, primarily attributable to finance cost reduction at SLT PLC.

SLT Group Chairman Dr. Mothilal de Silva said: "The SLT Group's financial performance for FY2025 underscores the effectiveness of our strategic direction and the robustness of our operations.

Through stringent cost management and prudent financial stewardship, we delivered significant improvements in profitability while simultaneously advancing both our fixed and mobile businesses.

This performance reinforces our commitment to leveraging the momentum of 2025 to drive sustainable long-term growth and strengthen stakeholder confidence." "I extend my sincere gratitude to all our stakeholders, particularly our loyal customers, for their continued trust, and to our employees for their dedication and outstanding resilience.