Sarvodaya Development Finance PLC has been ranked as the top company in its category by K Seeds Investments, reflecting its exceptional financial performance and robust operational framework. K Seeds Investments is renowned for its comprehensive evaluations of listed finance companies in Sri Lanka, offering invaluable insights into their financial strength. The latest report, based on quarterly financial statements, categorizes companies into four groups according to their asset base. Sarvodaya Development Finance PLC leads category four, which includes companies with an asset base below Rs. 20 billion.
This recognition underscores the unwavering commitment and strategic foresight of Sarvodaya Development Finance PLC’s leadership team. Despite the challenging economic landscape, the company has significantly improved its financial metrics over the past financial year, showcasing its solid foundation and forward-thinking strategies. The company’s adherence to best practices and fostering a winning attitude among team members has been pivotal in achieving this benchmark for excellence.
CEO Nilantha Jayanetti expressed pride in the recognition, stating, “We are immensely proud to be recognized as the number one company in our category by K Seeds Investments. This achievement is a direct result of our strategic focus and the unwavering dedication of our team. We stuck to our basics and followed best practices while developing a winning attitude amongst our team, and now we are number one. As we continue to grow, we remain committed to delivering sustainable value to our stakeholders and leveraging emerging opportunities to maintain our trajectory of strong performance.”
The stellar performance of Sarvodaya Development Finance PLC is a testament to the efficacy of its unique business model and the resilience of its operational framework, founded on the principles of the Sarvodaya Shramadana Movement. This accolade not only reflects the company’s financial prowess but also affirms its ethos and the collective efforts of its dedicated team.