Hayleys delivers strong Q1 performance with PBT of Rs. 10.15 bn, up 61%
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, […]
During the first quarter of 2026, the Hayleys Group reported a robust financial performance with its Profit Before Tax from Continuing Operations rising by an impressive 61% to Rs. 10.15 billion. This marked a strong start to the fiscal year, bolstered by the company's diverse portfolio across export markets and domestic businesses. The revenue from continuing operations also saw a notable increase of 38% year-on-year, reaching Rs. 179.32 billion.
A significant contributor to the growth was the Transportation & Logistics sector, which saw an extraordinary 84% year-over-year increase in revenue, reaching Rs. 42.88 billion. This sector's performance was driven by more favorable operating conditions. The Consumer & Retail sector also demonstrated strong momentum, with its revenue growing by 46% to Rs. 49.22 billion, supported by strategic market activations and an expanded product line.
The Board of Directors, led by Chairman Mohan Pandithage, acknowledged the positive outlook, attributing the success to the Group's strategically positioned portfolio and the company's ability to navigate the evolving operating landscape. Despite global uncertainties, such as geopolitical tensions affecting energy markets and supply chains, Hayleys managed to capitalize on emerging opportunities across multiple sectors.
Written by urgent.news from The Island Sri Lanka's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
