LOLC Group Delivers Strong Operating Growth in FY2026 📈
LOLC Holdings PLC reported robust operational success for the year ended 31 March 2026, driven by a 49% surge in operating results across its internationally diversified platform spanning 27 countries. Overall Financial Highlights • Gross income grew by 28% YoY to Rs. 430.3 Bn from Rs. 336.2 Bn. • Results from operating activities jumped to Rs. 71.5 Bn, up from Rs. 47.9 Bn in FY2025. • Profit after tax reached Rs. 23.4 Bn, while adjusted total comprehensive income saw an approximate threefold increase to Rs. 45 Bn. • Total assets expanded to Rs. 2.32 Tn, backed by Rs. 654.3 Bn in total equity. Net asset value per share rose by Rs. 101.30 to Rs. 822.46. Sector Performance Breakdown • Financial Services: Remained the core engine, with operating results rising to Rs. 51.7 Bn (vs Rs. 39.2 Bn in FY2025). The asset base grew to Rs. 1.36 Tn, while advances and loans expanded to Rs. 981.8 Bn amid lower net impairment losses of Rs. 15.9 Bn. • Manufacturing & Trading: Delivered a massive step-change, with operating profits increasing over eightfold to Rs. 9.2 Bn from Rs. 1.1 Bn. • Plantations & Agri: Achieved a decisive turnaround, posting an operating profit of Rs. 1.7 Bn compared to a Rs. 5.1 Bn loss last year. • Insurance, Leisure & Real Estate: Maintained stable contributions, with leisure generating Rs. 2.0 Bn. Notable highlights include the US$ 57.5 Mn divestment of a Maldives resort and progression on the Marina Port City project. Global Scale & Footprint • Financial operations now cover 21 countries across Asia, Central Asia, and Africa, with eyes on Latin America. • The group has built a massive global tea platform producing nearly 100 million kg across Kenya, Tanzania, Rwanda, China, and Sri Lanka. Overseas asset translation brought a Rs. 24.0 Bn gain to comprehensive income.