HomeBusinessFirst Capital Reports Rs. 3.43 Bn Profit for First Half of 2025/26

First Capital Reports Rs. 3.43 Bn Profit for First Half of 2025/26

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First Capital Holdings PLC, a subsidiary of the Janashakthi Group and a leading player in Sri Lanka’s capital markets, has reported a profit after tax of Rs. 3.43 billion for the six months ended 30 September 2025 — a sharp rise from Rs. 897 million recorded during the same period last year.

“This performance reflects the Group’s disciplined strategic execution, agile response to market dynamics and continued leadership across key segments of Sri Lanka’s capital markets,” said Managing Director and Chief Executive Officer Dilshan Wirasekara.

The Group’s net trading income before operating expenses reached Rs. 5.46 billion, compared to Rs. 1.88 billion a year earlier, driven by strong performances from its Primary Dealer and Corporate Dealing Securities divisions.

The Primary Dealer division recorded a profit after tax of Rs. 1.57 billion, supported by a Rs. 1.81 billion trading gain on government securities and Rs. 988 million in net interest income. Meanwhile, the Corporate Finance Advisory and Corporate Dealing Securities divisions together posted a profit after tax of Rs. 1.81 billion, up from Rs. 264 million in the previous year.

The Wealth Management division reported Rs. 48 million in profit with assets under management standing at Rs. 99 billion as of 30 September 2025, while the Stock Brokering division achieved a profit after tax of Rs. 116 million — a significant increase from Rs. 6 million a year earlier, reflecting improved investor confidence.

In recognition of the strong half-year performance, the Board declared an interim dividend of Rs. 7.00 per share, amounting to Rs. 2.84 billion for 2025/26.

Chairman Rajendra Theagarajah said the results reflect the effectiveness of the Group’s long-term strategy and the resilience of its teams, adding that the company remains focused on driving sustainable growth and creating long-term value for stakeholders.

Meanwhile, the Lanka Rating Agency upgraded First Capital’s credit rating to ‘A+’ with a stable outlook, citing its sustained profitability, robust capital structure, and strong market confidence.

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