JXG (Janashakthi Group) which brings together a broad spectrum of financial services – spanning investment banking, insurance, and finance and leasing, released its financial results for the fourth quarter and full year ended March 31, 2025.
For the 12-month period under review, the Group recorded a revenue of Rs. 24.76 bn. The primary contribution to Group revenue came from the investment banking arm, First Capital Holdings PLC contributing Rs. 13.77 bn, followed by the insurance arm, Janashakthi Insurance PLC, contributing Rs. 6.60 bn, and the finance and leasing arm, Janashakthi Finance PLC, contributing Rs. 4.46 bn. As a result, the Group reported an NPAT of Rs. 5.24 bn, reflecting a Net Profit Margin of 21.2%.
The Investment Banking Sector recorded a total Net Profit After Tax (NPAT) of Rs. 5.02 bn for the year ending March 31, 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 Rs. 2.2 bn, up from Rs. 215 mn in the previous year. The Insurance Sector recorded NPAT of Rs. 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 December 31, 2024, totaling Rs. 6.60 bn – up from Rs. 4.58 bn from the previous year.
This performance was underpinned by an asset base of Rs. 37.90 bn, a 4.7% increase compared to FY23.
The Finance and Leasing Sector recorded an NPAT of Rs. 371.80 mn for the year ended March 31, 2025, a 6.7% increase compared to Rs. 348.53 mn in the previous year.
During the year, the sector recorded a 33.6% increase in assets, growing from Rs. 20.48bn to Rs. 27.36 bn, while deposits rose by 17.3% to Rs. 15.90 bn.