SLT Group reports strong FY 2025 performance
View(s):The SLT Group ended FY 2025 as a strong year, with substantial improvement in profitability. Profit After Tax (PAT) surged 221 per cent to Rs. 10 billion, compared to Rs. 3.1 billion in FY 2024.
Group revenue grew 3 per cent to Rs. 114.2 billion, with SLT PLC contributing a 2 per cent increase and Mobitel reporting a stronger 5 per cent growth. Finance costs continued to decline as the group reduced debt and benefited from lower interest rates, contributing to an 88 per cent increase in Profit Before Tax to Rs. 11.3 billion, the company said in a media release.
Dr. Mothilal de Silva, Chairman of the SLT Group, commented, “The SLT Group’s financial performance for FY 2025 underscores the effectiveness of our strategic direction and the robustness of our operations. Through stringent cost management and prudent financial stewardship, we delivered significant improvements in profitability while simultaneously advancing both our fixed and mobile businesses.
For FY 2025, SLT PLC reported revenues of Rs. 73 billion, a 2 per cent growth year-over-year. Broadband revenue continued an upward trajectory, boosted by expanding FTTH subscriber adoption, and the enterprise segment also achieved steady contributions from networking, internet, and managed services.
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