The Hayleys Group demonstrated resilient performance amid ongoing global volatility and environmental challenges during the first nine months of the financial year ending March 31, 2026. The Group achieved a 16% year-on-year increase in consolidated revenue, reaching Rs. 421.40 billion.
Consolidated profit after tax for the nine-month period totaled Rs. 14.02 billion, supported by robust domestic business performance and contributions from export-oriented sectors. The Group also reported a 19% year-on-year growth in consolidated revenue, amounting to Rs. 151.88 billion for the quarter. This performance highlights the structural strength of the Group’s diversified portfolio and its agile operating model, which allows effective navigation of changing business dynamics.
The quarter was marked by Cyclone Ditwah, which affected certain economic sectors and required short-term adjustments. Despite these disruptions, economic activity regained momentum, aided by improving macroeconomic stability and coordinated policy measures. Domestic conditions continued to normalize, with consumer demand showing resilience, supported by prudent monetary management, sustained revenue growth, and ongoing fiscal consolidation.
Globally, while trade tensions have eased somewhat, geopolitical instability and regional conflicts have emerged as significant risks, shaping the global economic outlook and affecting trade flows.
The Group’s revenue growth during the nine-month period was primarily driven by the Consumer & Retail Sector, which leveraged its brand strength, product propositions, and extensive geographical reach to capitalize on recovering demand dynamics. The export-oriented sectors maintained momentum, with an 11% revenue growth driven mainly by the Hand Protection and Purification sectors. The Group’s cumulative consolidated earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 4% to Rs. 42.90 billion, while earnings before interest and tax (EBIT) remained stable at Rs. 32.50 billion.
Overall, the Group generated a profit before tax of Rs. 22.72 billion, with a profit after tax amounting to Rs. 14.02 billion for the nine months.
The Group’s financial position remains robust, backed by disciplined capital management and a proactive approach to balance sheet optimization. The Board-approved Rs. 9 billion rights issue is expected to bolster the Group’s capital base, funding strategic investments across high-growth sectors while facilitating partial debt settlement. This capital infusion is anticipated to stabilize the balance sheet further, enhance financial flexibility, and support the Group’s long-term expansion goals.
Reflecting the Group’s solid financial profile, Fitch Ratings reaffirmed Hayleys’ National Long-Term Rating at ‘AAA (lka)’ with a Stable Outlook, supported by its geographic and sectoral diversification, expected expansion in operating cash flows, and steady leverage metrics.
Additionally, Hayleys PLC demonstrated its commitment to shareholder value creation with an interim dividend payment of Rs. 6 per share, totaling Rs. 4.5 billion. 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.
Chairman & Chief Executive, Mohan Pandithage, commented on the Group’s performance, stating, “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 optimizing our portfolio, deepening customer-centric innovation, and embedding sustainability across our operations to deliver sustainable long-term value.”
The Group achieved an unprecedented milestone in corporate reporting excellence, emerging as the Overall Winner at the CA Sri Lanka TAGS Awards 2025 for the fourth consecutive year. Hayleys PLC also won Gold Awards in Integrated Reporting, Corporate Governance Disclosures for Non-Financial Institutions, and Sustainability Reporting, along with 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 aligned with global reporting standards.
The strategic integration of ESG remains a Group-wide priority, as Hayleys continues to separate 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 decarbonization 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 organization.
During the period under review, the Group expanded 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 is optimistic about concluding the financial year on a strong note and remains positive about its future growth trajectory.
The Board of Directors of Hayleys PLC includes 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.
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