United Motors Group posts Rs. 1.4 b profit after tax in first half, marking a sharp recovery driven by lifting of the vehicle import ban

United Motors Lanka PLC (UML) reported a strong resurgence in performance for the six months ended 30 September 2025, with the Group posting a profit of Rs. 1.41 billion compared to a loss of Rs. 119 million in the same period last year โ€” a 1,287 percent increase. The Companyโ€™s profit rose sharply to Rs. 658 million from Rs. 48 million, marking a 1,271 percent year-on-year growth. Group revenue climbed 303 percent to Rs. 19.1 billion, while Company revenue grew 212 percent to Rs. 9.0 billion.

This robust performance was driven by a sharp rebound in vehicle sales, stronger aftersales operations, and improved supply chain stability amid renewed consumer confidence. The second quarter further strengthened the Groupโ€™s upward trajectory, with profit rising to Rs. 1.09 billion โ€” a 248 percent increase from the first quarter โ€” while Company profit surged 388 percent to Rs. 546 million. Group revenue grew 90 percent quarter-on-quarter, and Company revenue nearly tripled .

Commenting on the results, United Motors Lanka PLC Group CEO/Executive Director Chanaka Yatawara said:โ€œOur strong performance reflects the success of our diversified mobility portfolio and the continued confidence our customers place in us. Having a product range that spans from entry-level 1,000cc vehicles priced from Rs. 8,250,000, to crossover SUVs, rugged double cabs, and a wide selection of commercial trucks and buses โ€” all carefully chosen to meet diverse customer needs has supported this financial performance.โ€

He also highlighted the recent acquisition of Dutch Lanka Trailers as a strategic investment that has enhanced the Groupโ€™s overall performance. โ€œDutch Lanka Trailers already exports to over 60 countries, and we see this as a significant growth engine for the Group in the years ahead,โ€ he added.

With its diversified portfolio and strengthened operational base, United Motors enters the second half of FY2025/26 well-positioned to sustain growth and deliver long-term value to its shareholders and customers alike.

Source: Ada Derana Biz

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