HNB Finance PLC has delivered an outstanding performance for the financial year ended March 31, 2025, continuing its positive growth trajectory and further strengthening its position in Sri Lanka’s financial services sector.
The Company reported a Profit Before Tax (PBT) of Rs. 2.2 billion for the financial year 2024/25, a 112% increase compared to Rs. 1 billion in the previous year. This growth was fuelled by disciplined strategic execution, robust portfolio expansion, and a continued emphasis on inclusive financial solutions. Profit After Tax (PAT) stood at Rs. 765 million, further reinforcing the Company’s strong financial position and operational effectiveness.
Chairman Rajive Dissanayake said,
“The sound financial performance in FY24/25 is a reflection of the trust which our stakeholders have placed in us, and our strategy. We’ve made consistent progress across all key areas and remain fully committed to driving long-term value for all our stakeholders.”
Total assets of the Company rose by 9% to Rs. 58.5 billion, while the net asset base improved by 34% to Rs. 7.6 billion, supported by profit growth and a successful rights issue which was oversubscribed. Sincere appreciation is extended to all stakeholders whose confidence and continued support enabled this achievement.
The Company’s Return on Assets improved to 1.37%, while capital adequacy remained strong, with the Tier I Capital Ratio and the Total Risk-Weighted Capital Ratio both improving to levels well above regulatory thresholds. During the year, Fitch Ratings upgraded HNB Finance’s National Long-Term Rating to “A(lka)” with a Stable Outlook from “BBB+(lka)”.
“We are actively preparing for upcoming financial reporting standards and regulatory shifts, while accelerating our digital transformation agenda. These initiatives will not only ensure compliance but also unlock new avenues of growth and service excellence,” he said.
