Company filings and market news from across Sri Lanka's stock market.
Dialog Axiata (DIAL) reported Q1 FY25 consolidated revenue of Rs43.3bn (+4% YoY), EBITDA of Rs19.7bn (+45% YoY) and NPAT of Rs4.1bn (+49% YoY). The group delivered strong operating cash flow (OFCF Rs12.3bn) and increased capex (Rs3.7bn) while sustaining leadership in broadband and pay-TV.
Colombo Stock Exchange closed higher in a shortened session, with the ASPI up 45 points to 15,962 (S&P SL20 +0.22%). Turnover was about Rs.1.48–1.5 billion and foreign investors net sold Rs.177.3 million; key contributors included MELS, WIND, SPEN, SAMP and heavy turnover in CTC, BIL and KOTA.
Sri Lanka stocks rose 0.44% after a staff-level agreement with the IMF that clears the way for about $344m in financing; the ASPI closed 69.43 points higher at 15,811.47 and the S&P SL20 rose 0.45%. Export-oriented shares led gains while selected banking stocks ended weaker.
Lanka IOC is a Gold Sponsor and Dialog Axiata is represented by its Group Chief Analytics & AI Officer as a panellist at Sri Lanka’s first-ever Media Festival kicking off today in Colombo, focusing on AI, mobile and data journalism.
Dialog Enterprise (Dialog Axiata PLC) has partnered with the National Chamber of Exporters as the official Digital Technology Partner to provide digital solutions, training and ICT services to Sri Lankan exporters. The collaboration targets exporters across sectors with cloud, cybersecurity, IoT and analytics support.
Colombo market reverted to YTD positive as the ASPI rose 73 points (0.46%) to 16,007, leaving YTD up 0.39%, while foreigners were net sellers of Rs. 282m. Top movers included HAYL and CTC; turnover was Rs. 2.3bn led by Capital Goods and Food, Beverage & Tobacco sectors.
Sri Lanka stocks rose as the ASPI closed up 0.46% (73.06 pts) at 16,007.44 with turnover Rs 2.29bn; top contributors were Hayleys (+3.0%), Ceylon Tobacco (+1.7%), Royal Ceramics (+2.6%), Chevron Lubricants (+2.9%) and Dialog Axiata (+2.1%). Most active by volume were John Keells, Browns Investments and Access Engineering.
Dialog Enterprise (Dialog Axiata) deployed Sri Lanka's first Wi-Fi 7 network at SLIIT and The Kingsbury Hotel in partnership with Huawei, promising up to four times faster speeds and lower latency for enterprise and hospitality use.
Colombo Stock Exchange closed lower as the ASPI fell 0.42% to 15,814.82 and the S&P SL20 dropped 0.53% to 4,734.72; turnover was 1.6 billion with net foreign outflows of 48 million. Top laggards included Hatton National Bank, Melstacorp, Bukit Darah, Dialog Axiata and Ceylon Tobacco.
Sri Lanka stocks closed flat as the ASPI fell 0.03% to 15,908.23 with turnover of Rs2.89bn driven by crossings and heavy bank trades, including a Rs1.1bn off-board Sampath Bank transaction. Notable movers included Ceylinco Insurance (-5.7%), Dipped Products (-3.0%), HNB and DFCC.
Dialog Axiata’s Dialog Enterprise, in partnership with Huawei, has deployed Sri Lanka’s first Wi‑Fi 7 network at SLIIT and The Kingsbury Hotel. The deployment targets ultra-fast, low-latency connectivity for education and hospitality and underpins plans for broader nationwide rollout.
Dialog Axiata PLC was named Telecommunication Brand of the Year for the 14th consecutive year and Service Brand of the Year for the 4th time at the SLIM-KANTAR People’s Awards 2025 held on 18 March, reflecting strong consumer trust in the brand.
Dialog Axiata PLC (DIAL.N0000) was named Telecommunication Brand of the Year for the 14th consecutive year and Service Brand of the Year for the 4th time at the SLIM-KANTAR People’s Awards 2025. The awards are based on a nationwide consumer survey reflecting strong public trust in the brand.
Spa Ceylon's #ActForWIN campaign raised over LKR 7 million in a week to support Women In Need. Dialog mobile subscribers can donate via Star Points, eZ Cash, or add donations to their monthly bill up to LKR 2,500.
SLASSCOM, with Sri Lankan government leaders, showcased Sri Lanka as an IT and BPM hub at NTLF 2025 in Mumbai with a country pitch titled 'Island of Ingenuity'. The delegation included firms such as Dialog Axiata and hSenid Business Solutions to pursue cross-border collaborations with India's IT sector.
Dividend · Rs 1.00 · XD Jun 13, 2025
Final dividend of LKR 1/share; XD 2025-06-13; record 2025-06-15; payable 2025-07-02; FY ended 31st December 2024
Samsung Sri Lanka held a Galaxy Unpacked event on Feb 11 at Lotus Tower to unveil the Galaxy S25 Series, with retail partners including John Keells, Singer, Softlogic and Dialog present to demo and retail the new devices. Attendees praised the S25's AI, camera and design enhancements.
Dialog Axiata PLC's Group General Counsel, Trinesh Fernando, will speak at a public consultation on Sri Lanka's Anti‑Corruption Act on 6 March. The forum will seek corporate input on implementing rules covering gifts, conflicts of interest and integrity.
Dialog Axiata's corporate arm Dialog Enterprise will be the exclusive enterprise connectivity partner for the Banks' CIO Confluence on March 4, 2025, marking its third consecutive year in the role; the forum will host over 500 CIOs and focuses on 'Banking Beyond 2030'.
Dialog Axiata PLC is sponsoring the 146th Battle of the Blues school cricket at SSC on 6–8 March 2025 and the Mustangs Trophy one-day on 15 March 2025; Dialog will provide 5G-ready connectivity and live coverage via Dialog Television, ThePapare TV and the Dialog ViU app.
SLASSCOM will be the Country Partner at the NASSCOM Technology and Leadership Forum 2025 (Feb 24–25, Mumbai); the Sri Lankan delegation includes Dialog Axiata and hSenid Business Solutions among leading IT/BPM firms promoting Sri Lanka as a tech hub.
Dialog Axiata reported a 4.5% rise in profit to LKR 6.77 billion in the December 2024 quarter. Revenue rose to LKR 45.8 billion, gross profit improved, annual forex gains were LKR 3.79 billion, the board proposed a final dividend of Rs.1.00, and Dialog issued 952,694,689 shares to Bharti after acquiring Airtel Lanka.
Dialog Axiata PLC reported FY2024 core revenue up 10% to Rs.151.3bn and group EBITDA up 8% to Rs.66.3bn, and the board proposed a Rs.1 per share dividend. Group NPAT was Rs.12.4bn (down 38% mainly due to prior-year forex gains); the Group completed the Airtel Lanka acquisition, invested Rs.30.3bn in capex and OFCF rose 35% to Rs.34bn.
Dialog Axiata PLC's Dialog Enterprise launched an expansion of AI-powered Video Surveillance & Analytics, starting a Partner Awareness Series and DVS & DVA certification on 27 Jan 2025 with 30+ professionals from 15+ partners. The program included a live demo and partnerships with Dell, Microsoft and Digifort.
Dialog Axiata PLC reported FY2024 core revenue up 10% to Rs151.3Bn, EBITDA of Rs66.3Bn (+8% YTD) and NPAT of Rs12.4Bn, and the Board proposed a Rs1.00 per share dividend. The Group paid Rs47.3Bn in taxes, completed the Airtel Lanka acquisition and recorded FY2024 capex of Rs30.3Bn.
Dividend · Rs 1.00
Final dividend of LKR 1/share; FY 2024
Dialog Axiata's Dialog Television has launched the Moonbug channel in Sri Lanka via an exclusive partnership with Moonbug Entertainment, offering over 640 episodes including CoComelon as a 24/7 channel on Channel 53.
Dialog Axiata PLC announced the official availability of the Samsung Galaxy S25 series in Sri Lanka, with prices starting at Rs. 295,999. Devices are available at selected Dialog Experience Centers and online, with support highlighted via Dialog's 5G-ready network.
Dialog Axiata (Dialog Television) will broadcast the Australia Tour of Sri Lanka 2025 live on Ten Cricket and Sony Sports 5 HD from Jan 29–Feb 14 via Dialog Television and the ViU app. Matches will be available with 72-hour catch-up and free mobile streaming for Dialog network users.
Samsung Sri Lanka launched the Galaxy S25 series (S25 Ultra, S25+, S25) with up to Rs.51,850 in discounts, 2-year/2-time screen replacement (Rs.143,830 value) and bundled 1TB free data from Dialog & SLT Mobitel. Devices are available through John Keells Office Automation, Singer, Softlogic, Damro, Dialog, SLT Mobitel and authorized dealers nationwide.