Vetted by NeuralPress's Multi-Agent Verifier for strict factual validity and event relevance. Our compliance engine cross-checks and filters search results to ensure zero false correlations or misleading content.
Primary Sources
Asia Asset Finance PLC Profit Before Tax Soars 203% to LKR 1.93 Billion ...
Asia Asset Finance PLC has delivered an outstanding financial performance for the year ended 31st March 2026, recording strong growth across profitability, asset base, gross income, asset quality, capital strength, and strategic expansion. The results reflect the company’s disciplined approach to quality lending, operational efficiency, prudent risk management, and its continued commitment to building long-term value for customers, shareholders, employees, and communities across Sri Lanka.During the year under review, the company’s total asset base reached LKR 53.78 billion, compared to LKR 37.11 billion in the previous year, reflecting a significant expansion of its balance sheet through disciplined growth in the loan portfolio. Interest Income for the year increased by 52.6% to LKR 9,114.7 million, while Net Interest Income grew by an impressive 88.5% to LKR 4,934.6 million, demonstrating the company’s ability to maintain healthy spreads and generate strong income from its expanding business operations.Profitability showed exceptional improvement, with Operating Profit before VAT on Financial Services increasing by 196.3% to LKR 2,772.3 million. Profit Before Income Tax rose by 203.0% to LKR 1,926.1 million, while Net Profit for the year reached LKR 1,038.4 million, recording a strong 135.4% year-on-year growth. Basic Earnings Per Share also improved to Rs. 8.36, compared to Rs. 3.55 in the previous year.Commenting on the performance, Mr. Rajiv Gunawardana, Chief Executive Officer of Asia Asset Finance PLC, stated:“The exceptional performance delivered during FY2025/26 reflects the strength of our business model, the commitment of our people, and the trust placed in us by customers across Sri Lanka. Our focus has remained firmly on disciplined growth, responsible lending, operational excellence, and sustainable value creation. As we move forward, Asia Asset Finance will continue to strengthen its position as a trusted financial partner, expanding access to practical financial solutions while contributing meaningfully to the country’s economic progress.”The fourth quarter further strengthened the company’s growth story. Interest Income for Q4 reached LKR 2,841.0 million, a 66.9% increase year-on-year, while Net Interest Income rose by 101.7% to LKR 1,654.6 million. Net Profit for the quarter stood at LKR 358.1 million, compared to a net loss of LKR 72.7 million in Q4 FY2024/25, highlighting the company’s strong recovery and operational momentum.Asia Asset...
MIFL records Rs.818mn PBT in FY 2025-26, up 193% YoY
The company posted a profit before tax (PBT) of Rs.818 million, reflecting a 193 percent year-on-year (YoY) increase, while profit after Tax (PAT) rose to Rs.478 million, marking a 228 percent YoY ...
YES Bank - Quarterly Results and Financial Statement as of Mar, 2026
YES Bank Ltd. financial history, including quarterly and annual results, revenue, profit, balance sheet, cash flow, and margins over 15 years.
List of highest-grossing Indian films in overseas markets
Indian films have been released in overseas markets since the latter half of the 1940s. Few of these have had significant commercial success. Target audience for Indian films in overseas markets has been mostly limited to the Indian diaspora. Due to this, the overseas gross of Indian films is often insignificant compared to the domestic gross. The first Indian film to have a worldwide release ...
