United Motors’ sharp recovery after vehicle imports resume
View(s):United Motors Lanka PLC (UML), buoyed by the lifting of the vehicle import bank, has reported a strong resurgence in performance for the six months ending September 2025, with the group posting a profit of Rs. 1.41 billion compared to a loss of Rs. 119 million in the same period last year — a 1,287 per cent increase.
The company’s profit rose sharply to Rs. 658 million from Rs. 48 million, marking a 1,271 percent year-on-year growth. Group revenue climbed 303 per cent to Rs. 19.1 billion, while company revenue grew 212 per cent to Rs. 9.0 billion, according to a company media release.
This performance was driven by a sharp rebound in vehicle sales, stronger aftersales operations, and improved supply chain stability amid renewed consumer confidence. The second quarter further strengthened the group’s upward trajectory, with profit rising to Rs. 1.09 billion — a 248 per cent increase from the first quarter while company profit surged 388 per cent to Rs. 546 million. Group revenue grew 90 per cent quarter-on-quarter, and company revenue nearly tripled.
Commenting on the results, United Motors Lanka PLC Group CEO/Executive Director Chanaka Yatawara said: “Our strong performance reflects the success of our diversified mobility portfolio and the continued confidence our customers place in us. Having a product range that spans from entry-level 1,000cc vehicles priced from Rs. 8,250,000, to crossover SUVs, rugged double cabs, and a wide selection of commercial trucks and buses — all carefully chosen to meet diverse customer needs has supported this financial performance.”
He also highlighted the recent acquisition of Dutch Lanka Trailers as a strategic investment that has enhanced the group’s overall performance. “Dutch Lanka Trailers already exports to over 60 countries, and we see this as a significant growth engine for the group in the years ahead,” he added.
Hitad.lk has you covered with quality used or brand new cars for sale that are budget friendly yet reliable! Now is the time to sell your old ride for something more attractive to today's modern automotive market demands. Browse through our selection of affordable options now on Hitad.lk before deciding on what will work best for you!