Profits at Sri Lanka’s LOLC Holdings, a company with interests in financial services, leisure, and property, including international operations, declined by 20% to 8.12 billion rupees for the quarter ending December 2025, according to interim financial accounts submitted to the Colombo Stock Exchange.
The decline in profits is attributed primarily to increased interest expenses, personnel costs, and impairment losses on financial assets, as per the report. For the quarter, the group reported earnings of 17.08 rupees per share.
During the December 2025 quarter, LOLC Holdings experienced an 18% increase in interest income, reaching 48.8 billion rupees. However, interest expenses rose by 23% to 17.4 billion rupees. Revenue saw a 27% growth, amounting to 38.9 billion rupees, while the cost of sales increased marginally by 6% to 23.5 billion rupees.
Net impairment losses on financial assets were reported at 2.3 billion rupees, marking a 62% rise from December 2024. Additionally, personnel expenses nearly doubled from the previous year, totaling 16.3 billion rupees.
(Colombo/February 15/2026)
