LCB Finance has reported a 55 percent increase in pre-tax profit for the financial year ended March 31, 2026, driven by strong lending growth, higher customer deposits and continued expansion across key sectors of the Sri Lankan economy.
LCB Finance reports strong financial performance with asset and lending growth
The finance company said its latest results reflect sustained business growth, prudent risk management and a strategy focused on expanding financial services while strengthening operational performance.
For the financial year under review, LCB Finance recorded a pre-tax profit of Rs. 439 million, representing a 55 percent increase compared with the previous year. The company also surpassed another milestone by growing its total asset base to Rs. 12.87 billion, highlighting its rapid expansion within just a decade of operations.
The company attributed its strong financial performance to disciplined execution of its growth strategy, effective balance sheet management and continued customer confidence in its products and services.
Total operating income increased by 36.9 percent year-on-year to Rs. 1.34 billion, supported by healthy growth in lending activities and deposit mobilisation. Meanwhile, net interest income rose 43.03 percent to Rs. 1.21 billion, reflecting improved earnings from core banking operations and efficient management of interest-earning assets.
During the year, LCB Finance expanded its lending portfolio by 32 percent to Rs. 10.30 billion, responding to growing demand for financing across several sectors of the economy. The company continued to provide credit to small and medium-sized enterprises (SMEs), self-employed individuals, housing projects, tourism businesses, transport operators, cooperative enterprises and women-led businesses.
One of the standout performers during the year was the company’s gold loan business. The portfolio expanded by an impressive 136 percent, underscoring increasing demand for secured short-term financing as customers sought quick and accessible funding solutions.
Customer confidence also remained a key strength throughout the financial year. Total deposits increased by 35 percent to Rs. 6.29 billion, demonstrating continued trust in LCB Finance and its ability to offer secure savings and investment products despite a challenging economic environment.
The growth in deposits has provided the company with a stronger funding base to support future lending while maintaining financial stability and liquidity.
The latest results reflect the company’s emphasis on sustainable expansion rather than short-term growth. By maintaining prudent risk management practices and strengthening operational efficiency, LCB Finance has continued to improve its financial performance while expanding access to finance across multiple sectors of the economy.
The company said its strategy remains focused on supporting entrepreneurship, housing, tourism and other productive industries that contribute to economic activity, while continuing to develop customer-focused financial solutions.
With rising assets, stronger earnings and sustained growth across lending and deposits, LCB Finance enters the new financial year with a strengthened balance sheet and an expanded market presence, positioning the company to continue its growth trajectory in Sri Lanka’s competitive non-bank financial services sector.