Prime Lands reports strong growth in revenue and profit
View(s):Prime Lands Residencies has announced its interim financial results for the quarter ending September 2025, a period in which there was strong growth in both revenue and profitability.
For the first six months of FY2025/26, the company reported total revenue of Rs. 5.15 billion and profit after tax of Rs. 940.7 million, underscoring steady performance amidst evolving market conditions, it said in a media release.
Prime Lands Residencies’ total shareholders’ equity strengthened to Rs.10.3 billion as at end September 2025, with retained earnings increasing to Rs. 6.87 billion. The company’s public shareholding stands at 24.71 per cent, representing over 7,200 public shareholders and a market capitalisation of Rs. 31.9 billion.
Commenting on the results, Prime Group Chairperson and Executive Director of PLR, Ms. Sandamini Perera, stated:
“This quarter’s results are a clear validation of our long-term strategy — focusing on timely delivery, transparency, and creating real value for our customers and shareholders. Prime’s strong fundamentals and local expertise continue to position us as the most trusted name in Sri Lankan real estate.”
Prime Group Chairman and Executive Director – Premalal Brahmanage added: “As we mark over 30 years in the industry, we remain committed to responsible growth — driving urban transformation through high-quality developments that appreciate in value, while upholding our promise to deliver more than we promise.”
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