- Achieves Revenue and PBT growth of 13% and 7% during the 2nd quarter of the year supported by both domestic and export-oriented businesses
- Ranked as Sri Lanka’s leading listed corporate in the 32nd edition of the LMD 100
- Accelerates growth through strategic expansion in new verticals
The Hayleys Group sustained its strong growth trajectory during the first six months of the financial year ending 31st March 2026, generating a Profit Before Tax of Rs.13.33 bn, a 5% y-o-y increase compared to the corresponding period of the previous year. Consolidated Revenue grew by 13% to Rs.138.89 bn during the 2nd quarter, supported by commendable growth in domestic businesses, which was complemented by the Group’s resilient export businesses. Hayleys continued to leverage its diverse geographic and industry coverage to capitalise on emerging opportunities and evolving dynamics in the operating landscape. The Group broadened its strategic footprint during the period with its entry into the mobility sector, supermarket sector and the acquisition of a substantial stake in Harischandra Mills PLC, a household FMCG brand, reputed for its deep consumer trust and longstanding market presence.
Domestic macroeconomic conditions continued to improve, underpinned by prudent monetary policy, sustained revenue growth and ongoing fiscal consolidation, creating a more enabling environment for business expansion. This robust domestic performance allowed the Group to remain resilient despite uncertain global dynamics which were shaped by elevated geopolitical risks and divergent policy positions. The Group’s strong footing at home provided an effective buffer against external headwinds, enabling it to navigate global volatility while maintaining stability in its core operations.
The Group’s Revenue grew by 14% to Rs.269.53 bn during the first six months of the year, driven primarily by the Consumer & Retail Sector, which leveraged its unparalleled geographical reach and brand strength to capitalise on favourable demand conditions. The Hand Protection and Purification Sectors also maintained growth momentum, enabling export-oriented Sectors to achieve a Revenue growth of 6% during the first six-months of the year. Meanwhile, the Group’s cumulative Consolidated Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) and Earnings Before Interest and Tax (EBIT) increased by a respective 4% and 2% to Rs. 26.25 bn and Rs. 19.55 bn during the first six months of the financial year. The disciplined execution of the Group’s strategy- centred on value-added offerings, market diversification, and digital transformation of key processes, continued to yield tangible benefits, reinforcing core profitability.
The Group’s Net Finance Costs declined by 15% y-o-y during the quarter, reflecting the downward trajectory of market interest rates. The Group continued to deliver exceptional value to its shareholders, generating a Profit After Tax of Rs.4.39 bn (+13%) during the quarter and Rs. 7.56 bn (+8%) in the six months. Meanwhile, the share price rose to Rs. 185.75 by end-September from Rs. 100 the year before, reflecting strengthened investor sentiments in the Group’s earnings potential. The Group’s diverse and resilient earnings profile together with its strong financial position has enabled Hayleys to retain its national long-term rating of ‘AAA (lka)’ by Fitch Ratings, with a stable outlook.
Commenting on the Group’s performance, Chairman & Chief Executive, Mr.Mohan Pandithage said, “While the operating landscape is evolving at a rapid pace, I am firm in my belief that for a Group that is as agile as Hayleys, these dynamics serve as a catalyst for growth and innovation. Our exceptional teams, robust businesses, and characteristic resilience has aptly positioned us to pursue our strategic ambitions—focused on optimising our business portfolio, expanding into new markets, driving customer-centric innovation, nurturing talent, and embedding sustainability throughout our operations”
Hayleys was yet again ranked as Sri Lanka’s leading listed corporate in the 32nd edition of the LMD 100, underscoring its standing as a benchmark of resilience, innovation and sustainable value creation. With all sectors aligning with the Group’s Environmental, Social and Governance (ESG) aspirations through the launch of sector-specific ESG roadmaps, the Group continues to drive strategic integration of sustainability considerations across processes, operating models and decision-making. Despite capacity and geographical expansion across key verticals, the Group limited the increase in its Scope 1 & 2 Greenhouse Gas Emissions to 6% during the first six months of the year, while emission intensity reduced by 21% reflecting the Group’s commitment to decoupling business growth from adverse environmental impacts. The Group’s workforce of over 38,000 diverse and highly-skilled employees are its greatest asset and the Group placed continued emphasis on enhancing its value proposition to employees.
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.
