Sarvodaya Development Finance PLC (SDF), has posted a record-breaking financial performance for the fiscal year 2024/25, underscoring its commitment to sustainable growth, rural development, inclusive finance, and agri-business empowerment.
Surpassing several industry benchmarks, SDF’s achievement reflects a values-based business model calibrated for social impact, strategic clarity, and operational discipline — all in the context of a gradually stabilising national economy.
In a year marked by macroeconomic recalibration and cautious optimism, SDF achieved its highest-ever profitability, with Profit Before Tax amplifying doubling to Rs. 1,139 million and Profit After Tax climbing 89.8% to Rs. 473.8 million. This exceptional performance was anchored by a diversified and resilient lending portfolio, strong risk oversight, and sharpened efficiency across operations.
Total Income stood at Rs. 4.37 billion (↑31.5%), Net Interest Income at Rs. 2.64 billion (↑48.3%), and Total Operating Income at Rs. 2.95 billion (↑47.2%). The cost-to-income ratio improved to 46.5%, down from 53.9%, and total assets
Surged to Rs. 22.5 billion (↑51.3%). SDF’s Net Asset Value per Share rose to Rs. 26.36 from Rs. 23.87, reinforcing a track record of uninterrupted dividend declarations and deep-rooted financial governance.
SDF was ranked the top performer in Category 4 (institutions with assets below Rs. 20 billion) by K Seeds Investments Ltd. — a title it claimed just before ascending into a higher asset class.
This accolade validates the company’s prudent risk management and its leadership’s capacity to translate purpose into performance. Capital buffers remained robust, with Tier 1 and Total Capital Adequacy Ratios well above minimum thresholds.
At the heart of this financial momentum is a philosophy that transcends numbers. SDF’s continued rural outreach, Agri-Entrepreneurship Forums, cross-border knowledge transfers with India and Thailand, and tools such as drip irrigation financing and greenhouse development loans, signify a bold commitment to grassroots economic transformation.
‘’Looking ahead, SDF is in discussions with international impact investors to secure low-cost development finance and accelerate outreach through a new core banking system, digital micro-lending tools, and modular product innovation,” Chairman Channa de Silva said.
