Strong growth drives LCB Finance to Best-Ever Interim results

LCB Finance PLC has reported a significant rise in profitability for the first half of the financial year 2025/26, posting a profit before tax of Rs 298.32 million for the six months ended September 30, 2025. This marks a sharp increase compared to Rs 65.8 million recorded during the same period in 2024. The company attributed this strong performance to its ability to expand its portfolio while maintaining sustainable growth through disciplined cost management. The cost-to-income ratio was maintained at 49 percent, underscoring operational efficiency and prudent expense control.

K.G Leelananda, CEO/ Executive Director

 

The company’s balance sheet also reflected notable growth. Total assets stood at Rs 10,375 million, representing a 12.19 percent increase since March 2025. Total liabilities amounted to Rs 7,199 million, while shareholders’ funds rose to Rs 3,176 million. Net asset value per share increased to Rs 4.02 from Rs 3.95 reported in March 2025, highlighting improved shareholder value and financial stability.

Looking ahead, LCB Finance has announced plans to expand its branch network to 25 branches, a move aimed at strengthening its market presence and customer reach. The company intends to diversify its lending portfolio with a focus on lease and gold loan products, while also aggressively marketing deposit products to increase its deposit base. In addition, LCB Finance is targeting the co-operative sector by offering tailored financial solutions to meet its needs. The company also plans to reduce funding costs through improved collections and enhanced operational efficiency.

Management expressed confidence that these initiatives will enable LCB Finance to record its best-ever financial results by the end of the financial year 2025/26. With strong profitability, a growing asset base, and a clear expansion strategy, the company is well-positioned to achieve sustainable growth and deliver greater value to its stakeholders.