The Group announced its financial results for the fourth quarter and full year ended March 31, 2025.
• Consolidated Group Net Profit After Tax (NPAT) of LKR 5.24 Bn,
• Investment banking sector NPAT of Rs. 5.02 Bn,
• Insurance sector NPAT of LKR 4.51 Bn, and
• Finance & leasing sector NPAT of LKR 371.80 Mn.
For the 12-month period under review, the Group recorded a revenue of LKR 24.76 Bn.
The primary contribution to Group revenue came from the investment banking arm, First Capital Holdings PLC contributing LKR 13.77 Bn, followed by the insurance arm, Janashakthi Insurance PLC, contributing LKR 6.60 Bn, and the finance and leasing arm, Janashakthi Finance PLC, contributing LKR 4.46 Bn.
As a result, the Group reported an NPAT of LKR 5.24 Bn, reflecting a Net Profit Margin of 21.2%.
Investment Banking Sector recorded a total Net Profit After Tax (NPAT) of LKR 5.02 Bn for the year ending 31 March 2025, marking the second-highest performance in First Capital’s history.
The equity portfolio of the corporate dealing securities and advisory division delivered a standout PAT of LKR 2.2 Bn, up from LKR 215 Mn in the prior year.
Insurance Sector recorded a NPAT of LKR 4.51 Bn inclusive surplus transfer driven by the 43.9% year-on-year increase in Gross Written Premiums (GWP) for the financial year ended 31 December 2024, totaling LKR 6.60 Bn – up from LKR 4.58 Bn from previous year.
This performance was underpinned by an asset base of LKR 37.90 Bn, a 4.7% increase compared to FY23.
Finance and Leasing Sector recorded an NPAT of LKR 371.80 Mn for the year ended 31 March 2025, marking a 6.7% increase compared to LKR 348.53 Mn in the previous year.
During the year, the sector recorded a 33.6% increase in assets, growing from LKR 20.48 Bn to LKR 27.36 Bn, while deposits rose by 17.3% to LKR 15.90 Bn, reflecting growing customer confidence and strengthened market positioning.
In addition to its financial results, the Group garnered several prestigious accolades during the year, with the following standing out as highly competitive honours.
• 96% GPTW (Great Place to Work) accreditation score for the period September 2024 – 2025,
• “Technology Resilient Company of the Year” in the Financial & Insurance Sectors at the ISACA Digital Trust Awards 2024,
• “She Thrives” category award at the Satyn Women Friendly Workplace Awards, and
• Best Management Practices Company (BMPC) Award 2025 from the Institute of Chartered Professional Managers of Sri Lanka.
Ramesh Schaffter, MD/Group CEO of JXG (Janashakthi Group) commented on the Group’s performance, stating,
“As we close FY25, we do so on the back of a commendable financial performance amidst a recovering economy and a shifting national landscape.
Over the past year, we have sharpened our strategic focus — we aim to deliver smarter, more accessible financial solutions, while advancing the strategic moves necessary to scale efficiently and sustainably.
The groundwork is set — and FY26 will be about unlocking that potential.”
Chandan de Silva, Group Chairman of JXG (Janashakthi Group), also spoke on the company’s achievements, adding,
“FY25 was a transformative year for JXG.
Unlike the prior year, where performance was driven by market volatility, this year’s success stems from thoughtful execution, long-term investments, and market adaptability.
We not only reinforced our financial foundation but also reaffirmed our commitment to operational excellence and corporate responsibility.
As we move forward, we remain focused on innovation, governance, and stakeholder value creation — hallmarks that will define JXG’s trajectory in FY26 and beyond.”
Photo Caption Left to Right Chandan de Silva, Group Chairman – JXG (Janashakthi Group) and Ramesh Schaffter, MD/Group CEO – JXG (Janashakthi Group)