United Motors Lanka PLC reported a strong second-quarter rebound, reinforcing its turnaround for the financial year, with Group profit rising to Rs. 1.09 billion, a 248 percent increase from the first quarter, supported by a sharp pickup in vehicle sales, stronger after-sales activity and improved supply-chain stability. <\/p>\n\n\n\n
Company profit surged 388 percent to Rs. 546 million in the quarter, while Group revenue grew 90 percent quarter-on-quarter and Company revenue nearly tripled.<\/p>\n\n\n\n
The robust quarterly gains helped lift first-half results significantly. For the six months ended 30 September 2025, the Group posted a profit of Rs. 1.41 billion, compared with a loss of Rs. 119 million a year earlier, a 1,287 percent increase. Company profit rose to Rs. 658 million from Rs. 48 million, up 1,271 percent year-on-year. Group revenue climbed 303 percent to Rs. 19.1 billion, and Company revenue expanded 212 percent to Rs. 9.0 billion.<\/p>\n\n\n\n
\u201cOur strong performance reflects the success of our diversified mobility portfolio and the continued confidence our customers place in us,\u201d Group CEO and Executive Director Chanaka Yatawara said. <\/p>\n\n\n\n
He noted that offerings ranging from entry-level 1,000cc vehicles priced from Rs. 8,250,000 to crossover SUVs, double cabs, and a wide selection of commercial trucks and buses have supported the financial performance.<\/p>\n\n\n\n
Yatawara also pointed to the recent acquisition of Dutch Lanka Trailers as a strategic investment strengthening the Group\u2019s outlook. <\/p>\n\n\n\n
\u201cDutch Lanka Trailers already exports to over 60 countries, and we see this as a significant growth engine for the Group in the years ahead,\u201d he said.<\/p>\n\n\n\n
United Motors said its diversified portfolio and strengthened operational base leave it well-positioned heading into the second half of FY2025\/26 to sustain growth and deliver long-term value to shareholders and customers.<\/p>\n\n\n\n
Source : Daily Mirror <\/p>\n","protected":false},"excerpt":{"rendered":"
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