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Lanka IOC PLC reported a strong Q4 FY2026 with a 13% YoY revenue increase to LKR 76.1Bn and a 38% surge in gross profit, driven by improved margins. Despite a slight decline in full-year profit after tax by 5% to LKR 10.6Bn, the company showed balance sheet strength with an 11% increase in total equity and significant reduction in short-term borrowings. The stock trades at a P/E of 7.3x, suggesting value potential amidst stable fundamentals.

Author
aravinda.rajagedon
Language
EN

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