Telecom & IT · Major Telecommunications
Sri Lanka Telecom PLC (SLT) is the national Information and Communications Technology (ICT) solutions provider in Sri Lanka, delivering a broad portfolio of fixed, mobile, enterprise, wholesale and digital services supported by a nationwide fibre backbone, mobile network infrastructure and multiple submarine cable connections.
SLTL shares are up 28.8% over the past year and last closed at Rs 85.00 on Sep 30, 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +27.4 | -13.0 | -13.4 | +7.5 | -0.2 | +1.4 | -2.6 | +2.2 | -1.8 | +0.0 | +0.0 | +0.0 |
| 2025 | -5.0 | -3.5 | -4.5 | -3.3 | +6.6 | -3.0 | +1.3 | +11.5 | -5.7 | +6.6 | +23.4 | -2.5 |
| 2024 | +5.4 | -5.1 | -3.8 | -1.2 | -2.0 | -4.6 | -15.9 | -5.0 | -0.2 | +1.5 | -0.3 | +4.5 |
| 2023 | -2.2 | +27.4 | +11.9 | -3.9 | -5.5 | +11.9 | +1.9 | -9.3 | -6.3 | +19.4 | +1.5 | -7.9 |
| 2022 | +54.8 | -21.5 | -26.9 | +8.6 | -7.9 | -13.1 | +2.0 | +62.9 | -12.5 | +36.0 | +14.6 | -1.5 |
| 2021 | +18.7 | -13.0 | -5.2 | +2.4 | +0.3 | -1.5 | +1.8 | -2.9 | +12.1 | +0.0 | -2.2 | +8.8 |
| 2020 | -6.3 | +0.0 | -26.7 | +0.0 | +0.0 | +7.0 | +0.3 | +3.4 | +10.0 | -6.4 | +5.2 | +3.7 |
| 2019 | -2.1 | +1.7 | -8.1 | +6.5 | +3.9 | -3.4 | +26.1 | +0.7 | -0.7 | +11.7 | +1.9 | -3.0 |
| 2018 | +3.9 | -5.1 | -3.6 | +3.7 | -8.9 | -2.7 | -1.2 | -9.0 | -8.1 | +2.4 | +3.3 | +8.3 |
| 2017 | -1.4 | -3.9 | -2.9 | +5.1 | -6.5 | -3.0 | -0.6 | -5.7 | -3.3 | +5.2 | -3.3 | -3.7 |
| 2016 | -14.9 | -12.5 | +10.9 | +2.8 | +1.3 | -5.9 | -2.6 | -0.5 | +5.4 | -5.9 | -1.6 | +1.7 |
| 2015 | +1.2 | -4.0 | -6.2 | +3.5 | +0.0 | -4.5 | +6.7 | +0.2 | +1.7 | -0.8 | -1.2 | -1.9 |
| 2014 | -1.4 | +21.4 | +4.1 | +4.6 | -0.2 | -0.2 | +12.7 | +0.9 | -4.9 | -2.5 | -6.1 | +5.1 |
| 2013 | +0.9 | -2.4 | -0.7 | -2.5 | +0.2 | -4.9 | -1.2 | +0.5 | -2.2 | -1.0 | +1.3 | -5.9 |
| 2012 | +0.0 | +0.0 | +0.0 | -5.0 | -12.0 | +1.0 | -1.8 | +6.5 | +8.6 | -5.2 | +0.7 | +5.0 |
| Average | +5.6 | -2.4 | -5.4 | +2.1 | -2.2 | -1.7 | +1.8 | +3.8 | -0.5 | +4.4 | +2.7 | +0.8 |
| ASPI average | +3.1 | -2.7 | -4.7 | +2.0 | +0.2 | +0.8 | +3.1 | +2.2 | +3.2 | -0.1 | +1.0 | +3.0 |
| Median | -0.2 | -3.9 | -4.2 | +3.2 | -0.2 | -3.0 | +0.3 | +0.5 | -1.8 | +0.8 | +1.0 | +0.1 |
| % up | 50% | 21% | 21% | 64% | 36% | 27% | 53% | 60% | 33% | 50% | 57% | 50% |
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 114.2B +2.7% | Rs 111.1B +4.4% | Rs 106.4B -1.2% | Rs 107.7B +5.2% | Rs 102.3B +12.3% | Rs 91.1B +6.0% | Rs 85.9B +5.5% | Rs 81.4B +7.5% |
| Operating profit | Rs 14.2B +26.9% | Rs 11.2B +172.8% | Rs 4.1B -67.2% | Rs 12.5B -9.6% | Rs 13.8B +19.0% | Rs 11.6B +36.2% | Rs 8.5B +12.2% | Rs 7.6B +94.3% |
| Net profit | Rs 10.0B +221.0% | Rs 3.1B turned profitable | Rs -3.9B fell into loss | Rs 4.8B -60.8% | Rs 12.2B +54.3% | Rs 7.9B +24.7% | Rs 6.3B +27.8% | Rs 4.9B +25.6% |
| EPS | 5.55 +220.8% | 1.73 | -2.17 | 2.64 -60.8% | 6.73 +54.0% | 4.37 +24.9% | 3.50 +27.7% | 2.74 +25.7% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | DIAL.N0000 | 45.20 | Rs 415.9B | 13.5 | 4.67 | 3.36 | 34.66% | 6.42% |
| 2 | SLTL.N0000 · this company | 85.00 | Rs 153.4B | 12.4 | 1.45 | 6.84 | 11.62% | 0.88% |
| Sector median · 6 companies | - | - | 21.5 | 4.03 | - | - | 0.88% |
Sri Lanka Telecom PLC (SLT) is the national Information and Communications Technology (ICT) solutions provider in Sri Lanka, delivering a broad portfolio of fixed, mobile, enterprise, wholesale and digital services supported by a nationwide fibre backbone, mobile network infrastructure and multiple submarine cable connections. The Company operates Tier III data centres and offers cloud, hosting and enterprise-grade managed services that support customers’ digital transformation and national data sovereignty requirements. SLT’s principal operating brands include Mobitel, which provides nationwide mobile services (voice, 4G/5G mobile broadband, value added services, roaming and enterprise mobility), and Xyntac, the Group’s international arm that delivers specialised ICT and digital solutions overseas and has expanded operations including Singapore. The Group also maintains in-house capability building through the Nebula Institute of Technology to support workforce reskilling and professional development. As the custodian of Sri Lanka’s core digital infrastructure, SLT positions itself as a national digital lifeline with responsibilities for connectivity restoration, resilience and continuity of essential services; strategic priorities include expansion of fibre and 5G networks, enhancement of data-centre and cloud capabilities, and investments in cybersecurity, AI and IoT to support inclusive digital growth.
SLT’s June-quarter profit rose 55.3% as operating margin reached 16.5%, extending its earnings recovery. Debt and short-term liquidity remain the main constraints.
Read the full report (Sep 6, 2026) →Higher than 50% of its last 8 months · 1 of 3 in its sector
4 articles in 30 days: 2 positive, 2 negative, 0 neutral.
Colombo Stock Exchange closed lower with the ASPI down 0.39% to 20,955.56 and turnover at Rs595.97mn. Top contributors included Distilleries, Ceylon Tobacco, Laugfs Gas and Hayleys, while SMB Finance, Carson Cumberbatch, Sri Lanka Telecom and Dialog were among the laggards; ACL Cables announced a 60 cent interim dividend.
Fitch upgraded Sri Lanka's Long-Term Issuer Default Rating to B- from CCC+ with a Stable outlook, and the Colombo Stock Exchange's ASPI rose 0.36% to 21,054.01 on Tuesday. Top positive contributors were Access Engineering, Overseas Realty, Dialog Axiata and Hatton National Bank, while Kotmale, Namunukula Plantations, Sri Lanka Telecom, CDB and John Keells were among the decliners.
Colombo Stock Exchange indices traded higher on Tuesday morning: ASPI +0.09% to 20,997.61 and S&P SL20 +0.27% to 5,925.55. Top contributors were HNB (+1.65), CCS (+1.27) and SLTL (+2.16); laggards included COMB (-0.25), HAYL (-0.67) and DIST (-0.38). Market turnover was Rs.114.4m, led by Consumer Durables & Apparel (Rs.37.5m).
The Colombo bourse opened marginally higher as the ASPI rose 0.01% to 21,623.66 and the S&P SL20 gained 0.13% to 6,066.55; turnover was over Rs.2.1bn and foreigners were net sellers of Rs.18.5m. Top positive contributors: HAYL, ACL, SLTL, HNB, DIAL; negatives: BREW, CARS, HAYC, JKH, CCS.
Colombo Stock Exchange closed flat; ASPI rose 0.01% to 21,623.66 and S&P SL20 was up 0.23%. Market turnover was LKR 2.133bn, led by banks (LKR 473.3m) and insurance (LKR 412.3m). Top movers: ACL, SLTL, HNB, DIAL up; HAYC, JKH, CCS down.
Government ruled out sale of Sri Lanka Telecom (SLT-Mobitel) and will retain it as a strategic state asset; the group reported PAT up 54.4% to Rs.6.6 billion and Q2 PBT up 55.8% to Rs.3.1 billion, and plans further 5G and coverage investments.
President Anura Kumara Dissanayake reviewed progress on digital-economy projects, saying the first digital ID card will be issued by end-2026 and all vehicle fine payments will move exclusively online from September. The review covered GovPay, National Super App, QR Drive, NDX and number portability as part of a drive to grow the digital economy to $30bn by 2030.
President Anura Kumara Dissanayake said the first digital identity card is scheduled to be issued by the end of this year, with arrangements underway. The meeting reviewed progress on GovPay, National Super App, National QR Drive, NDX, Number Portability and other digital projects involving Sri Lanka Telecom-Mobitel.
SLT Group reported 1H 2026 consolidated PAT of Rs. 6,601 million, up 54.4% y/y, as group revenue rose 11.1% to Rs. 61,314 million, driven by broadband growth at SLT and Mobitel while facing cost pressures from currency depreciation and higher fuel and utility prices.
Colombo Stock Exchange indices were trading higher midday, the ASPI up 0.36% (76.41 pts) at 21,205.62 and the S&P SL20 up 0.38% at 5,962.29; market turnover was Rs 314 million, with banks leading at Rs 122.7 million. Asia Asset Finance said 41,398,511 preference shares will be deemed converted into 53,348,596 ordinary shares at Rs 7.76 each effective Aug 10 (pref shares trade ends Aug 6; ordinary shares from Sep 16).
ICT/BPM services exports fell 10.49% year on year to $135.10 million in August. Public-sector technology demand was signalled by the Central Bank's invitation for enterprise data solution expressions of interest, while concerns persisted that digital ID, population-register, data-exchange, government-cloud and AI projects are advancing without adequate safeguards or consultation.
Auto-generated from 13 sector news articles over 14 days. Not investment advice.