SLT Group PAT accelerates 54.4% in H1 2026 to LKR 6.6 billion on 11.1% revenue growth
The SLT Group reported a powerful first half for 2026, with consolidated Profit After Tax (PAT) rising 54.4% to LKR 6.6 billion for H1 2026 compared to LKR 4.3 billion in H1 2025, as strong demand for broadband and enterprise services offset escalating cost pressures from currency depreciation and higher fuel and utility prices. Double-digit […]
The SLT Group reported a remarkable 54.4% surge in Profit After Tax (PAT) for the first half of 2026, reaching LKR 6.6 billion. This growth was fueled by robust demand for broadband and enterprise services, which outpaced the impact of currency depreciation, higher fuel and utility prices, and other cost pressures. Group revenue for H1 2026 grew by 11.1% to LKR 61,314 million compared to LKR 55,167 million in the same period last year, driven by strong performance in broadband services at SLT PLC and Mobitel.
This revenue expansion contributed to a 34.6% increase in operating profit, now standing at LKR 10,165 million. The company's operating expenses, excluding depreciation and amortization, rose by 9.6% to LKR 37,188 million. SLT PLC and Mobitel's profitability saw significant gains, with EBITDA increasing by 11.3% to LKR 14,854 million, and operating profit climbing 39.8% to LKR 6,663 million.
These positive results were underpinned by double-digit revenue growth, with the company's core services leading the charge.
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