Records 19% revenue growth, with Profit Before Tax increasing to Rs. 38 bn.

The Hayleys Group delivered a record performance during the financial year ended 31^st  March 2026, achieving the highest revenue in its history with a 19% year-on-year increase to Rs. 585.02 bn, while Consolidated Profit Before Tax rose by 4% to Rs. 38.04 bn. Performance gathered momentum in the fourth quarter, with Revenue increasing by 29% to Rs. 164.62 bn and Profit Before Tax improving by 6% to Rs. 13.87 bn. Results were driven by the strong performance of the Group’s domestic businesses, which continued to benefit from favourable market dynamics, while its export-oriented sectors demonstrated resilience amid evolving global geopolitical dynamics.  Notably, every sector within the Group contributed positively to operating earnings during the year, reflecting the strength of the Group’s geographically diversified portfolio and the strategic foresight underpinning its long-term growth agenda, enabling it to capitalise on opportunities across multiple markets.

The operating environment during the financial year remained supportive,  reflecting  macroeconomic stability, accommodative monetary conditions and robust private sector credit growth, which contributed to a second consecutive year of economic expansion. While the latter part of 2025 was impacted by Cyclone Ditwah, economic activity recovered progressively during the fourth quarter of the financial year, supported by reconstruction efforts and resilient domestic demand. Globally, heightened geopolitical tensions continued to create uncertainty across international markets, resulting in periodic supply chain disruptions and volatility in energy markets.

The Group’s Revenue growth during the year was driven primarily by the Consumer & Retail Sector, which recorded a 44% increase to Rs. 156.74 bn, supported by the continued strength of its brands, differentiated product offerings and extensive market reach, enabling it to capitalise on improving consumer demand. The Group’s export-oriented sectors also delivered a commendable performance, collectively recording Revenue growth of 14%, underpinned by ongoing market diversification initiatives, a greater focus on value-added products and strategic capacity expansions. Reflecting the strength of the Group’s operating performance, Consolidated Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased to Rs. 64.82 bn (+8%) while Earnings Before Interest and Tax (EBIT) rose by 2% to Rs. 49.37 bn. Consequently, Consolidated Profit Before Tax increased by 4% to Rs. 38.04 bn, while Profit After Tax amounted to Rs. 22.22 bn for the year.

The Group’s financial position remains sound, supported by disciplined capital management and a proactive approach to balance sheet optimisation. Following the successful completion of the Rs. 9 bn Rights Issue, the Group has further strengthened its capital base, enhancing its capacity to pursue strategic investments across high-growth sectors while facilitating the partial settlement of debt. Reflecting the strength of its financial profile, Fitch Ratings recently reaffirmed the Group’s National Long-Term Rating at ‘AAA (lka)’ with a Stable Outlook, in view of its geographic and sectoral diversification, anticipated growth in operating cash flows and expectations of maintaining steady leverage metrics.

Commenting on the Group’s performance and outlook, Chairman & Chief Executive, Mr. Mohan Pandithage stated, “The year’s performance reflects the successful execution of the Group’s strategic priorities, the capabilities of our people, and our ability to remain focused and agile amid a constantly evolving operating environment. As we look ahead, our focus remains on building a more diversified portfolio through strategic expansion into new segments, markets and customer propositions. Supported by a strengthened capital base and a disciplined growth agenda, we are well-positioned to capitalise on emerging opportunities. The progress achieved in recent years provides a strong foundation for the future, and we are excited about the opportunities that lie ahead as we continue to shape the next phase of the Group’s growth journey”

The pursuit of sustainable growth continues to shape the Group’s strategic direction, reinforcing its commitment to creating long-term value while managing its environmental and social footprint. Despite the expansion of its operational footprint and the strong growth achieved during the year, the increase in Scope 1 and 2 GHG emissions was limited to just 1%, reflecting ongoing efforts to decouple business growth from environmental impact and continued progress in its decarbonisation journey. The Group’s workforce also surpassed 38,700 employees during the year, highlighting its contribution to employment generation and the creation of economic opportunities across its operations.

The year also marked an important step in the Group’s portfolio evolution, with investments in the mobility and supermarket sectors broadening its exposure to high-potential consumer markets. As these businesses continue to mature and strengthen their operating capabilities, they are expected to emerge as meaningful contributors to the Group’s future growth. The investments made during the year have established a strong platform for expansion and Hayleys remains confident in its ability to deliver sustained long-term growth.

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.