Lost Rs101m in a Quarter, Now Raising Rs1.9bn to Expand Vehicle Leasing — Smart or Risky?

Softlogic Finance posted a Rs101 million net loss for the September 2026 quarter, and shortly after, the CSE approved its board's plan for a Rs1.9 billion rights issue, with a large share earmarked for growing its vehicle leasing and hire-purchase book. Shareholders vote around November 13. One side says this is exactly how a leasing company should respond to a bad quarter — top up capital, meet Tier 1 requirements, and keep writing leases instead of pulling back and leaving buyers stuck mid-deal with nowhere else to go. The other side asks why anyone should feel reassured that a finance company short of capital last quarter is now chasing more lease volume to fix its books, with your monthly instalment effectively funding that recovery. Sri Lanka's leasing market has plenty of players chasing SUV, van and tuk-tuk business even when margins look thin, and a capital raise aimed straight at vehicle lending is a signal worth reading either way before you sign. Have you ever picked, or walked away from, a lender based on their published financials rather than just the rate they quoted you? What do you actually check before signing a lease — profitability, capital strength, or just the monthly number? ලීසිං සමාගමක් අලාභයක් වාර්තා කරද්දීම, අලුතින් සල්ලි හොයාගෙන තව ලීසිං දෙන එක ඔයාලා විශ්වාස කරනවද?