📈 LCB Finance Posts 55% PBT Growth, Assets Approach Rs. 13 Bn

LCB Finance PLC has reported a year of robust financial growth and strategic expansion for the financial year ended 31 March 2026, marking a decade of operations with total assets nearing a key milestone. Overall Financial Performance • Profit Before Tax (PBT) surged by 55% YoY to Rs. 439 Mn. • Total assets reached Rs. 12.87 Bn, driven by sustainable growth and prudent risk management. • Total operating income rose 36.9% YoY to Rs. 1.34 Bn. • Net interest income grew by 43.03% YoY to Rs. 1.21 Bn, reflecting disciplined balance sheet management. • Customer deposits increased by 35% YoY to Rs. 6.29 Bn, indicating strong market confidence. Sector & Portfolio Breakdown • The total lending portfolio expanded by 32% YoY to Rs. 10.30 Bn, supporting crucial sectors for national employment and economic diversification, including SMEs, self-employment, housing, tourism, transport, and women-led businesses. • The gold loan portfolio recorded an exceptional growth of 136%, highlighting high demand for secured, short-term financing solutions. Network Expansion & Outlook • The company expanded its physical presence to 23 locations by opening two new branches, including a Premier Branch in Wellawatte, targeting underserved and regional markets. • LCB Finance aims to accelerate its trajectory by opening 7 additional branches before the end of 2026 alongside driving its digital transformation and sustainability agenda.