• Delivers Consolidated Revenue growth of 16% to Rs. 421.40 bn during the nine-month period while demonstrating continued value creation to shareholders with a dividend of Rs.6 per share.
• 9 bn Rights Issue expected to strengthen balance sheet and financial flexibility
• Fitch Ratings reaffirms the Group’s national long-term credit rating at ‘AAA (lka)’ with a Stable Outlook
• Won Gold Award for Overall Excellence in Corporate Reporting at the CA Sri Lanka TAGS Awards 2025 for an unprecedented fourth consecutive time

The Hayleys Group delivered a robust performance amidst persistent global volatilities and environmental disruptions during the first nine months of the financial year ending 31 March 2026, achieving a 16% y-o-y increase in Consolidated Revenue to Rs. 421.40 bn.

Consolidated Profit After Tax amounted to Rs. 14.02 bn for the nine-month period, underpinned by the sustained performance of the Group’s domestic businesses and complemented by the performance of its export-oriented sectors. Meanwhile the Group recorded a 19% y-o-y growth in Consolidated Revenue to Rs. 151.88 bn for the quarter.

The performance for the period underscores the structural strength of the Group’s diversified portfolio and the agility embedded within its operating model, enabling Hayleys to effectively navigate evolving operating dynamics.

The operating landscape during the quarter was impacted by the adverse effects of Cyclone Ditwah, which disrupted certain sectors of the economy and necessitated short-term adjustments. However, economic activity has since regained momentum, supported by improving macroeconomic stability and coordinated policy responses. Domestic conditions continued to normalise during the period, with consumer demand demonstrating resilience underpinned by prudent monetary management, sustained revenue growth and ongoing fiscal consolidation efforts.

Globally, although trade tensions have shown signs of moderation, geopolitical instability and evolving regional conflicts have emerged as prominent risks, shaping the global economic outlook and influencing trade flows.

The Group’s Revenue growth during the nine-month period was driven primarily by the Consumer & Retail Sector, which continued to leverage its brand strength, product propositions and unparalleled geographical reach to capitalise on recovering demand dynamics.

The export-oriented Sectors retained momentum recording a Revenue growth of 11% during the nine months driven primarily by the Hand Protection and Purification Sectors. Meanwhile, the Group’s cumulative Consolidated Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 4% to Rs. 42.90 bn while Earnings Before Interest and Tax (EBIT)  remained stable at Rs.32.50  bn.

Overall, the Group generated  Profit Before Tax of Rs.22.72 bn while Profit After Tax amounted to Rs.14.02 bn during the nine months.

The Group’s financial position remains sound, supported by disciplined capital management and a proactive approach to balance sheet optimisation. The Board-approved Rights Issue of Rs. 9 bn is expected to strengthen the Group’s capital base, with proceeds earmarked to fund strategic investments across high-growth sectors while facilitating the partial settlement of debt. This measured capital infusion is expected to further stabilise the balance sheet, enhance financial flexibility and support the Group’s long-term expansion aspirations.

In view of the Group’s financial profile, Fitch Ratings recently reaffirmed the Group’s National Long-Term Rating at ‘AAA (lka)’ with a Stable Outlook, underpinned by its geographic and sectoral diversification, anticipated expansion in operating cash flows and expectations of steady leverage metrics.

Meanwhile, Hayleys PLC demonstrated its long-standing commitment to shareholder value creation with the payment of an interim dividend of Rs. 6 per share, amounting to a total of Rs. 4.5 bn. This distribution reflects the Board’s confidence in the Group’s financial strength and cash flow stability, while maintaining a balanced approach to reinvestment and future growth.

Commenting on the Group’s performance, Chairman & Chief Executive, Mohan Pandithage stated, “As the operating landscape continues to evolve, we are focused on strengthening the fundamentals of our businesses while positioning the Group for its next phase of expansion. Our diversified portfolio, disciplined capital strategy and exceptional teams position us well to pursue new growth opportunities. We remain committed to optimising our portfolio, deepening customer-centric innovation and embedding sustainability across our operations to deliver sustainable long-term value.”

Reinforcing its commitment to accountability through transparent and high-quality reporting, the Group achieved an unprecedented milestone in corporate reporting excellence by emerging as the Overall Winner at the  CA Sri Lanka TAGS Awards 2025 for the fourth consecutive year - a feat unparalleled in the history of the awards. Hayleys PLC also won Gold Awards in the special categories of Integrated Reporting, Corporate Governance Disclosures for Non-Financial Institutions and Sustainability Reporting while the Group also secured gold awards across 10 sectors. This recognition affirms the Group’s position as a benchmark for corporate reporting in Sri Lanka, delivering credible and balanced disclosures which are aligned with global reporting standards.

Meanwhile, the strategic integration of ESG remains a Group-wide priority, as Hayleys continues to advance its commitment to decoupling business growth from adverse environmental and social impacts. Over the nine-month period, the Group limited the increase in Scope 1 and 2 GHG emissions to 3%, while achieving a 10% reduction in emission intensity, reflecting sustained progress in its decarbonisation journey. With a workforce of over 38,000 diverse and highly skilled employees, the Group continues to strengthen its people proposition, investing in capability development, engagement and inclusive workplace practices to build a future-ready organisation.

During the period under review the Group broadened its strategic footprint with its entry into the mobility and supermarket sectors, further strengthening its presence in consumer-driven growth segments. With integration measures underway and operational frameworks being progressively aligned, these new ventures are expected to contribute meaningfully to future performance. Supported by improving macroeconomic stability and anticipated momentum in the fourth quarter, the Group expects to conclude the financial year on a strong note and remain optimistic in its future growth trajectory.

The Board of Directors of Hayleys PLC consists of, Chairman & Chief Executive Mohan Pandithage, Co-Chairman Dhammika Perera, Sarath Ganegoda, Rajitha Kariyawasan, Dr.Harsha Cabral, PC, Ruwan Waidyaratne,  Jayanthi Dharmasena, Rohan Karr, Gamini Gunaratne, Timothy Speldewinde, Yohan Perera, Jonathan Alles and Rumal Fernando.

Image: Hayleys PLC Chairman and Chief Executive, Mohan Pandithage (L) & Hayleys PLC Co-Chairman and Non-Executive Director, Dhammika Perera (R)