Janashakthi Limited (JXG) celebrated graduation of its inaugural Spartans I 18-month Management Trainee Programme, with graduates placed across JXG and subsidiaries including First Capital and Janashakthi Finance as part of its talent-pipeline development.
Ada Derana·Sep 4, 2026·Award or certificationPositive
First Capital Holdings PLC was named a Great Workplace for Young Talent in Sri Lanka for 2026 by Great Place To Work® Sri Lanka. The recognition, covering organisations assessed June 2025-May 2026, is based on the Great Place To Work For All model using the Trust Index employee survey and a Culture Audit.
Janashakthi Limited (JXG) reported maiden Q1 FY27 consolidated revenue of Rs.6.4bn and a group loss of Rs.780.8m, driven by mark-to-market losses on fixed-income trading at First Capital. Janashakthi Insurance posted NPAT of Rs.129m and Janashakthi Finance NPAT of Rs.90.4m, while First Capital recorded an Ld of Rs.726m.
Interest Rates
Ada Derana·Aug 17, 2026·Earnings & resultsNegative
Janashakthi PLC (JXG) reported maiden Q1 FY27 consolidated revenue of LKR 6.4Bn and a Group loss of LKR 780.8Mn, driven by mark-to-market losses on fixed-income positions amid short-term interest rate volatility. First Capital reported a LKR 726Mn loss, while Janashakthi Insurance posted NPAT of LKR 129Mn (GWP +36% to LKR 5.1Bn) and Janashakthi Finance saw NPAT rise 51% to LKR 90.4Mn; the group is pursuing a proposed acquisition of Continental Insurance Lanka subject to approval.
Interest Rates
Ada Derana·Aug 14, 2026·Guidance & outlookNegative
First Capital Holdings PLC reported a Loss after Tax of Rs. 726Mn for Q1 FY2026/27 versus a Profit of Rs. 2.15Bn a year earlier, with a Net Trading Loss before operating expenses of Rs. 565Mn as interest-rate moves and adverse mark-to-market trading hit fixed-income businesses; the Primary Dealer reported a Rs. 741Mn loss. The group noted a 100bp policy rate rise and continued contributions from advisory, wealth management and brokering divisions, and First Capital Treasuries PLC and the holding
Interest Rates
Daily FT·Jul 23, 2026·Award or certificationPositive
First Capital Holdings PLC (a JXG subsidiary) achieved multiple sustainability firsts in FY2025/26, becoming the first investment institution globally to receive the SSCI Certificate of Acceptance and Sri Lanka's first investment institution to join UNGC, WEP and PCAF. The firm also joined PRI, verified its carbon emissions and is embedding ESG and SLFRS S1/S2 readiness into governance and investment processes.
Ada Derana·Jul 23, 2026·Promotional / marketingPositive
First Capital Holdings PLC unveiled a refurbished Negombo branch with modern interiors and an expanded team to enhance customer service. The upgrade, at one of its top-performing locations, reflects ongoing investment by First Capital (a subsidiary of Janashakthi Limited) in client touchpoints.
First Capital Asset Management, the wealth management arm of First Capital Holdings PLC (CFVF.N0000), concluded a Professional Fund Management short course for University of Kelaniya students and held a certification ceremony.
Ada Derana·Jul 20, 2026·Promotional / marketingPositive
First Capital Holdings PLC (CFVF) and Hatch launched the 2026 First Capital Startup Nation regional edition, offering startups access to up to USD 1 million in funding and expanding the programme across South Asia.
First Capital Research: aggregate earnings of 271 listed companies fell 11.4% YoY in the March 2026 quarter (third straight quarter), but underlying earnings rose 30.1% YoY after adjusting for major one-offs. Food, Beverage & Tobacco dragged the aggregate result while retailing and telecom posted strong gains (e.g. UML, DIAL, SLTL, SINS).
Consumer Staples (FMCG)
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