Sri Lanka, Aug. 18 -- The Ceylon Electricity Board (CEB) has reported a profit of Rs. 5.31 billion for the financial quarter ending on June 30, 2025.

This marks a significant turnaround compared to the Rs. 18.47 billion in losses recorded in the previous quarter, which ended on March 31, 2025.

Analysts attribute the CEB's return to profitability to the electricity tariff revision implemented in June 2025.

However, the latest figure reflects an 85% decline compared to the Rs. 34.53 billion profit reported in the same quarter of 2024.

After the incumbent government came to power, electricity tariffs were reduced by around 20% in January 2025, a move that contributed heavily to the losses reported in the first quarter.

The International...