Janashakthi Life sees 70 % increase in market capitalisation
View(s):Janashakthi Life, flagship brand of JXG (Janashakthi Group), commenced the financial year 2026 on a strong footing, delivering robust results across key financial and operational indicators for the quarter ended.
The company recorded Gross Written Premiums of Rs. 2.6 billion, reflecting a significant 42 per cent growth compared to the corresponding period last year. This performance reinforces sustained market demand, strengthened distribution effectiveness and continued trust in Janashakthi’s evolving insurance value proposition, the company said in a media release.
At the end of the period under review, the company’s market capitalisation has moved to Rs. 29 billion compared to the corresponding figure of Rs. 17 billion. This is a reflection of investor confidence, demonstrated by the brand in the backdrop of very significant value creation to its shareholders.
Commenting on the performance, Annika Senanayake, Chairperson – Janashakthi Insurance PLC, stated, “This quarter’s performance reflects a deliberate and structured approach to building a well-positioned insurance business.”
Ravi Liyanage, Director/CEO – Janashakthi Insurance PLC noted, “We are seeing meaningful traction in new business growth, supported by a sharper customer focus and enhanced distribution productivity. At the same time, we continue to strengthen profitability through prudent risk selection and operational efficiency, ensuring that growth is both sustainable and scalable.”
“The performance for the quarter reinforces Janashakthi Insurance PLC’s upward movement anchored on sustainable expansion, financial prudence and long-term stakeholder value creation,” the statement said.
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