The Hayleys Group delivered a strong start to the financial year with Consolidated Revenue from Continuing Operations increasing by 38% year-on-year to Rs. 179.32 bn and Consolidated Profit Before Tax from Continuing Operations surging 61% to Rs. 10.15 bn during the three months ended 30th June 2026. Performance was driven by the Group’s export-oriented sectors, together with strong momentum in the Consumer & Retail and Transportation & Logistics Sectors. The diversity of the Group’s earnings base across export markets and domestic-facing businesses enabled Hayleys to navigate an evolving operating landscape while capitalising on opportunities emerging across multiple sectors and geographies. This breadth of exposure, underpinned by the Group’s strategically positioned portfolio, continued to provide a strong platform for sustained growth.

The operating environment remained relatively stable domestically, supported by sustained demand, improving credit conditions and continued investment activity. Globally, however, heightened geopolitical tensions caused periodic disruptions in energy markets and supply chains, contributing to volatility in commodity prices and freight costs.

The Group’s Revenue growth during the quarter was driven primarily by the Transportation & Logistics Sector, which recorded an 84% y-o-y increase to Rs. 42.88 bn, benefiting from more conducive operating conditions. The Consumer & Retail Sector also maintained its strong momentum, with Revenue increasing by 46% to Rs.49.22 bn underpinned by strategic market activations and an expanded product portfolio. The Group’s export-oriented sectors also recorded robust growth during the period, with revenue increasing by 24%, reflecting continued focus on value-added products and more favourable exchange rate dynamics. Reflecting the strength and breadth of the Group’s operating performance, Consolidated Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 46% to Rs. 18.11 bn, while Earnings Before Interest and Tax (EBIT) rose by 53% to Rs. 14.02 bn. Consequently, Consolidated Profit Before Tax increased by 61% to Rs. 10.15 bn during the quarter while Consolidated Profit After Tax amounted to Rs.5.92 bn, an increase of 86% compared to the previous year.

The Group’s financial position remained relatively stable, supported by an enhanced equity base following the Rights Issue and stronger profit generation. While borrowings increased during the period, this largely reflected funding deployed towards strategic capacity expansions and investments expected to support the Group’s future earnings trajectory. The strength of the Group’s financial profile is attested by Fitch Ratings’ National Long-Term Rating of ‘AAA(lka)’ with a Stable Outlook.

Commenting on the Group’s performance and outlook, Chairman & Chief Executive, Mr. Mohan Pandithage stated, “The strong start to the year reflects the breadth of our portfolio, the strength of our businesses and the disciplined execution of our strategic priorities. As industries continue to evolve, both domestically and globally, we are progressively shaping our portfolio to remain aligned with emerging market dynamics, new customer needs and areas of long-term growth. We are excited by the opportunities ahead and confident in the Group’s ability to build on this momentum as we continue to advance the next phase of Hayleys’ growth journey.”

Sustainable growth continues to underpin the Group’s strategic direction, with a clear focus on expanding its economic contribution while progressively reducing the environmental intensity of its operations. The Group’s workforce stood at over 38,300 employees, reflecting the scale of its contribution to employment and livelihoods across its operations. Despite a broader operating footprint and higher levels of operational activity, the increase in Scope 1 and 2 GHG emissions was contained at 2%, while emissions intensity declined by 18%.

Alongside this, Hayleys continues to evolve its portfolio in response to changing industry dynamics and emerging growth opportunities. Recent investments and capacity expansions across selected high-potential sectors are broadening the Group’s earnings base and strengthening its positioning for the next phase of growth, with these businesses expected to make an increasingly meaningful contribution as they scale and mature.

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.