Janashakthi Group (JXG), a financial conglomerate in Sri Lanka, announced its results for the first half of the financial year 2026 (1H FY26), ending 30 September this year, in profitability and growth across financial and operational metrics.
The JXG Managing Director/Group CEO Ramesh Schaffter said: “We are pleased to see the positive trajectory continue into the first half of FY26, with performance surpassing the previous year.”
First Capital Holdings PLC, the investment banking vertical of the group, achieved a Net Profit After Tax (NPAT) of Rs. 3.4 billion for 1H FY26, compared to Rs. 897 million in last year. The performance was driven by the Primary Dealing division and Corporate Dealing Securities division.
For the year-to-date (YTD) period ending the third quarter, Janashakthi Insurance PLC, the insurance vertical of the group, posted a NPAT of Rs. 2.8 billion. New businesses increased to 72% during the period, reflecting a growth in underwriting.
Janashakthi Finance PLC, the finance and leasing vertical of the group, recorded NPAT of Rs. 141 million for 1H FY26, with a Net Operating Income of Rs. 1.4 billion, representing 34.0 % YoY growth.
Moreover, the insurance business’s 72% growth in new businesses signals effective customer acquisition and product-marketing strategies, supporting the group’s aim to increase market share and deepen customer relationships. The leasing arm’s nearly 50% portfolio growth further strengthens the group’s position in the lending space.
Schaffter said: “As a group, we remain focused on executing our strategy, being performance-driven in everything we do. The 1H FY26 performance is proof of the expertise and capability of the team. We will continue to align our commercial and marketing initiatives to ensure sustainable growth and deliver value for all stakeholders.”
JXG Group Chairperson Chandana de Silva said: “The results for 1H FY26 reflect our vision of building a modern, agile financial services and investment conglomerate. The strong performance across subsidiaries demonstrates both the solidity of our business mix and the effective deployment of capital. We remain confident in the ability to deliver long-term value for all stakeholders, maintaining a disciplined approach to growth and marketing excellence.”