SLT Group PAT surges 221% YoY to Rs. 10 Bn in FY 2025

The SLT Group reported substantial cost savings for the full year ended December 31, 2025, fuelling significant profit growth and demonstrating consistent execution throughout all key metrics.

The strong performance was driven through disciplined expense management, reduced finance costs, and strategic operational improvements. The SLT Group ended FY 2025 as a strong year, with substantial improvement in profitability. Profit After Tax (PAT) surged 221% versus the previous year to Rs. 10 billion, compared to Rs. 3.1 billion in FY 2024, sustained through cost savings, reduced finance costs, and steady revenue growth for fixed and mobile segments.

Group revenue grew 3% to Rs. 114.2 billion, with SLT PLC contributing a 2% increase and Mobitel reporting a stronger 5% growth. Operating expenses (excluding depreciation and amortization) was Rs. 72 billion, resulting in a 5.5% improvement in EBITDA to Rs. 42.2 billion and a 26.9% increase in operating profit to Rs. 14.2 billion. Finance costs continued to decline as the Group reduced debt and benefited from lower interest rates, contributing to an 88% increase in Profit Before Tax to Rs. 11.3 billion. Group interest costs decreased 21% to Rs. 7,054 million, primarily attributable to finance cost reduction at SLT PLC.

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. This performance reinforces our commitment to leveraging the momentum of 2025 to drive sustainable long-term growth and strengthen stakeholder confidence. I extend my sincere gratitude to all our stakeholders, particularly our loyal customers, for their continued trust, and to our employees for their dedication and outstanding resilience. This resilience will continue to guide us as we strengthen connectivity and deliver meaningful impact to the communities we serve.”

For FY 2025, SLT PLC reported revenues of Rs. 73 billion, a 2% 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. The government and SME sectors also recorded strong growth for the year.

Riyaaz Rasheed, CEO, SLT-MOBITEL, commented, “FY 2025 has been a critical year for the SLT Group. Through strong execution and disciplined management, SLT PLC and Mobitel have achieved impressive profitability gains. We are entering FY 2026 with renewed energy to expand services and enhance customer engagement, accelerating growth through innovation and market leadership.”

Source : Daily News