Janashakthi Finance records 40.5% increase in PAT for first half of 2026/27

Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group), recorded an unaudited profit after tax (PAT) of Rs. 198.6 million for the six-month period ended 30 September 2026, up 40.5% from Rs. 141.3 million in the corresponding period last year. 

The Company recorded year-on-year growth in its lending and deposit portfolios, together with an increase in net operating income. It is focused on building on this progress through prudent growth, sustainable profitability and continued attention to customer needs.  

Profit before tax (PBT) increased by 1.9% to Rs. 245.6 million, while net operating income grew by 11.0% to Rs. 1,591.7 million. As at 30 September 2026, loans and receivables stood at Rs. 32.94 billion, an increase of 23.5% compared with 30 September 2025. Deposits increased by 14.7% over the same period to Rs. 19.36 billion.

For the second quarter of FY 2026/27, Janashakthi Finance PLC recorded profit after tax of Rs. 108.2 million, an increase of 19.7% from Rs. 90.4 million in the preceding quarter. Net operating income decreased by 10.0% to Rs. 754.0 million, while profit before tax declined by 22.3% to Rs. 107.3 million. 

 Commenting on the performance, Rajendra Theagarajah, Chairman, Janashakthi Finance PLC, said, “These results highlight the Company’s focus on maintaining responsible growth. Our priority is to build a strong and sustainable financial institution that responds to customer needs and creates long-term value for all our stakeholders.”

Sithambaram Sri Ganendran, Chief Executive Officer of Janashakthi Finance PLC, said: "Janashakthi Finance’s half-year performance reflects the continued expansion of our lending and deposit base. Our focus is on translating this growth into sustainable earnings through disciplined business execution, operational efficiency, and prudent risk management, while continuing to meet the evolving needs of our customers.”