  
Sri Lanka’s National Development Bank recorded a 21 percent decline in profit for the September quarter, with earnings falling to Rs. 2.8 billion.
The latest quarterly financial results mark a contraction in net profitability for the commercial lender compared to the corresponding period of the previous year, as total earnings settled at the Rs. 2.8 billion mark.
Key Developments
- Profit Decline: Quarterly earnings decreased by 21 percent year-on-year.
- Total Earnings: Profit for the September quarter stood at Rs. 2.8 billion.
The performance reflects the operational and financial outturn for the banking institution during the three-month period ending in September.