SLT Group Archives - Lanka Business News

February 28, 2025

The SLT Group reported a massive turnaround in profitability as of December 2024, driven by strong operational performance and successful cost optimization across fixed and mobile segments, with momentum accelerating steadily during the year. The Group recorded a Profit after Tax (PAT) of Rs. 3.1 billion for 2024, compared to a loss of Rs. 3.9 […]

March 4, 2024

The SLT Group’s financial results for the fourth quarter and financial year ending December 31, 2023, reflects a downturn in performance amidst a turbulent macro-economic environment in the country. For 4Q 2023, SLT Group reported a year-on-year consolidated revenue degrowth of 7.5% amounting to LKR 26 billion compared to LKR 28 billion in 2022. The […]

November 17, 2023

The SLT Group released its financial results for the third quarter ending September 30, 2023, presenting moderate growth. SLT PLC reported a revenue of LKR 17,490 Mn with a growth of 3.7%, while Mobitel recorded 2.7% de-growth during Q3’23 compared to Q3’22. The Group’s consolidated revenue for the quarter increased by 3.9% […]

August 16, 2023

While SLT PLC had 2.4% (Rs.400mn) revenue growth, Mobitel recorded 9.3% (Rs.1,066mn) de-growth during Q2’23 compared to Q2’22. Group revenue, therefore, decreased by 2.8% (Rs.763mn) from Q2’22 to Q2’23. SLT PLC revenue increase was driven by growth in Broadband, IPTV, and Enterprise revenue streams. However, such increase was slowed down due to […]

May 15, 2023

Colombo, May 15, 2023 – Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, recorded positive consolidated revenues of Rs. 26.6 Bn for Q1 2023, an increase of 2.1%, compared to the same period last year, led by robust growth at company level from SLT, demonstrating resilience and optimism in […]

November 11, 2022

Colombo, November 11, 2022 – Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, has reported positive overall revenues of Rs 79.6 Bn, a consolidated growth of 3.9% for the first nine months of 2022 compared to the same period last year, driven largely by prudent and proactive measures undertaken in financial […]

August 9, 2022

Colombo, August 09 2022 – Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, posted stable growth for the first half of 2022, with revenues increasing by 6% to Rs 52.9 Bn and a 19.8% increase in profit before tax (PBT) at Rs. 7.2 Bn against the same period […]

November 9, 2021

Rises above pandemic driven obstacles to deliver for the nation SLT-MOBITEL, achieved a 49.2% year-on-year growth of Profit After Tax (PAT) in Q3 2021, posting Rs. 3.2 Bn in PAT, reiterating consumer confidence in the National ICT Solutions Provider. The commitment to cost consolidation across verticals combined with the group-wide undertaking to […]

August 3, 2021

Passes on benefit to consumers during tough pandemic period Colombo, Aug 02, 2021 – SLT-MOBITEL, the National ICT, Telecommunications and Mobile Services Provider, announced its financial results for the first half of 2021, posting a 29.9% year-on-year growth of Group Profit After Tax (PAT) of Rs. 6.0 Bn. Cost consolidation across verticals […]

November 3, 2020

Group Operating Profit up by 37.0% YoY Group Top Line up by 5.2% YoY, surge in Broadband Revenues Continues leap in FTTH revenues through accelerated Fiber Expansion Program Investment in CAPEX Rs. 11.7 Bn Direct & Indirect taxes and levies paid to GoSL Rs. 11.8 Bn Sri Lanka Telecom PLC (SLT) Group released its financial […]

SLT Group ends FY 2024 with significant turnaround in profitability

SLT Group FY and 4Q 2023 results impacted by macro-economic challenges

SLT Group posts 3Q 2023 results with moderate growth

SLT Group Announces 2nd Quarter 2023 Results

SLT Group achieves stable revenues for Q1, remaining resilient despite challenges

SLT Group stays resilient for Q3 overcoming external impacts

SLT Group Posts Stable Revenue Growth Amidst Adverse Socioeconomic Environment in First Half 2022

SLT Group Builds on Positives in Q3; Poised for Robust End of Year Results in 2021

SLT Group Consolidates Cost, Manages Waste to Deliver Positive Results in First Half 2021

SLT Group Net Profit up by 35%, Revenue Recorded at Rs. 67.2 Bn: in First Nine Months 2020