Sri Lanka, Oct. 17 -- Kicking off the September quarter earnings season this week, Lanka IOC PLC reported some higher profits for the foregoing three months, likely setting the tone for the rest of the earnings which are yet to come in the next few days and weeks.

Lanka IOC PLC reported revenues of Rs.70.36 billion for the July - September quarter, down 4 percent from the same period a year ago, but the earnings were up by 17 percent to Rs.2.96 billion.

The earnings per share was Rs.5.55 for the quarter, up from Rs.4.74 a share from a year ago.

For the six months that ended in September 2025, the company reported earnings of Rs.9.92 a share or Rs.5.28 billion compared to Rs.11.83 a share or Rs.6.30 billion in the same period in 2024. ...