United Motors Lanka PLC has reported a strong financial performance for the year ended 31 March 2026, recording a sharp recovery in profitability and revenue at both Group and Company level following the lifting of the vehicle import restrictions.
The Group achieved a record profit of Rs. 3.61 billion, compared to Rs. 73 million in the previous year, marking a significant turnaround supported by renewed market activity and improved operational momentum.
Group revenue rose sharply to Rs. 52.36 billion from Rs. 11.77 billion in the previous year, an increase of Rs. 40.58 billion representing 345 percent growth. At Company level, revenue increased to Rs. 25.77 billion from Rs. 6.33 billion, reflecting growth of 307 percent.
United Motors Lanka PLC recorded a Company profit of Rs. 2.20 billion, up from Rs. 338 million in the previous year, highlighting a strong recovery of 551 percent and underscoring improved trading conditions across the automotive sector.
The performance was primarily driven by the resumption of vehicle imports, which significantly boosted sales volumes across multiple segments. Strong contributions from after-sales services and the export of locally manufactured trailers through Dutch Lanka Trailers also supported overall growth.
The Group’s diversified portfolio, spanning entry-level passenger vehicles, SUVs, trucks, and buses, enabled it to capture demand across multiple customer segments, further strengthening its market position.
With an expanded operational base, a broad product offering, and improving industry conditions, United Motors Lanka enters the new financial year with a strengthened outlook and a solid foundation for sustained growth and long-term value creation.
Sri Lanka Opens Investment Pipeline as BOI Launches “Ready to Invest” Platform with 30 Shovel-Ready Projects
The Board of Investment (BOI) of Sri Lanka has unveiled its “Ready to Invest” digital platform, a strategic initiative designed to position the country more competitively on the global investment map by showcasing 30 structured, investment-ready projects for international investors.
Accessible via readytoinvestsl.com, the platform forms the centrepiece of the BOI’s latest investment promotion drive and reflects Sri Lanka’s renewed effort to attract high-quality foreign direct investment following its recent economic stabilisation.
Unlike traditional investment portals that provide broad sectoral overviews, the “Ready to Invest” platform presents fully structured, shovel-ready projects designed for immediate engagement and international partnership. The initiative aims to reduce entry barriers for investors by offering pre-packaged opportunities that are already developed for execution.
The 30 projects span eight priority sectors identified as key drivers of future growth: Tourism and leisure; manufacturing; transport and logistics; ICT, innovation and tech park development; agriculture and agro-processing; urban, residential and mixed-use development; aviation, ports and maritime infrastructure; and renewable energy and sustainability.
According to the BOI, the platform is intended to directly connect global investors with bankable projects, reducing delays in capital deployment and improving overall investment efficiency in emerging market contexts.
The launch comes as Sri Lanka highlights a broader economic recovery narrative, with GDP growth recorded at 5.0% in both 2024 and 2025, reflecting a strong rebound in economic activity following the crisis period.
Foreign direct investment inflows reached USD 1.06 billion in 2025, marking a 73% increase year-on-year, while tourism earnings rose to USD 3.22 billion, supported by 2.3 million international arrivals. In addition, USD 1.9 billion worth of BOI-approved projects are currently ready to commence, with a further USD 1.4 billion in the pipeline.
Authorities also continue to emphasise Sri Lanka’s investor-friendly framework, including provisions for 100% foreign ownership in most sectors and full repatriation of capital and profits under existing legal provisions.
Strategically located along major Indian Ocean shipping routes and supported by a skilled, English-speaking workforce, Sri Lanka is positioning itself as a regional hub for investment, trade, and innovation, with the BOI’s new platform serving as a key instrument in that effort.
United Motors Lanka Records Highest-Ever Profit of Rs. 3.6 Billion in FY2025/26
