HomeSri Lanka NewsHayleys Crosses Half-Trillion Revenue Mark with Record Rs. 585 Billion Performance

Hayleys Crosses Half-Trillion Revenue Mark with Record Rs. 585 Billion Performance

Published on

Hayleys PLC has delivered the strongest financial performance in its history, surpassing the half-trillion rupee revenue milestone for the financial year ended 31 March 2026 and reinforcing its position as one of Sri Lanka’s most diversified and resilient conglomerates.

The Group recorded a 19 per cent year-on-year increase in revenue to an unprecedented Rs. 585.02 billion, while Consolidated Profit Before Tax rose to Rs. 38.04 billion. The fourth quarter demonstrated particularly strong momentum, with revenue increasing by 29 per cent to Rs. 164.62 billion and Profit Before Tax improving by 6 per cent to Rs. 13.87 billion.

The impressive performance was supported by robust contributions from both domestic and export-oriented businesses. Every sector within the Group contributed positively to operating earnings, reflecting the strength of Hayleys’ diversified business portfolio and its ability to capitalise on opportunities across multiple markets despite global economic uncertainties and geopolitical challenges.

The Consumer & Retail sector emerged as a major growth driver, recording a 44 per cent increase in revenue to Rs. 156.74 billion, supported by strong brand performance, innovative product offerings and extensive market reach. Meanwhile, export-oriented businesses continued to demonstrate resilience through market diversification, value-added products and strategic capacity expansion initiatives.

The Group’s financial strength was further enhanced through the successful completion of a Rs. 9 billion Rights Issue, strengthening its capital base and supporting future investments in high-growth sectors. Reflecting confidence in its financial position, Fitch Ratings reaffirmed Hayleys’ National Long-Term Rating at ‘AAA (lka)’ with a Stable Outlook.

Commenting on the performance, Chairman and Chief Executive Mr. Mohan Pandithage stated that the results reflected the successful execution of the Group’s strategic priorities, the capabilities of its people and its ability to remain agile amid changing market conditions. He noted that Hayleys remains focused on expanding into new markets, segments and customer propositions while pursuing sustainable long-term growth.

The Group also continued to strengthen its sustainability agenda, limiting the increase in Scope 1 and Scope 2 greenhouse gas emissions to just 1 per cent despite significant business expansion. Hayleys’ workforce exceeded 38,700 employees during the year, underlining its significant contribution to employment generation and economic development in Sri Lanka.

LATEST NEWS

SCU Crowned Champions of the Leaders’ Trophy Inter University Soccer Championship 2026

SCU achieved a remarkable sporting milestone by emerging as champions of the Leaders’ Trophy...

Keshini Seneviratne Suraweera: From Personal Resilience to Global Opportunities

Keshini on Entrepreneurship, Creativity, Faith, Resilience and Taking Sri Lankan Artisans to the World. Entrepreneur....

Dilushi Mendis: Designing Spaces, Building Businesses and Embracing Her Many Crowns

Giving every role her best without expecting perfection is a conviction that shapes Dilushi...

Achala Ariyarathne: Where Legal Expertise Meets Human Understanding Connected

Navigating the legal, commercial and human complexities of major projects has taught Achala Ariyarathne...

MORE LIKE THIS

SCU Crowned Champions of the Leaders’ Trophy Inter University Soccer Championship 2026

SCU achieved a remarkable sporting milestone by emerging as champions of the Leaders’ Trophy...

Keshini Seneviratne Suraweera: From Personal Resilience to Global Opportunities

Keshini on Entrepreneurship, Creativity, Faith, Resilience and Taking Sri Lankan Artisans to the World. Entrepreneur....

Dilushi Mendis: Designing Spaces, Building Businesses and Embracing Her Many Crowns

Giving every role her best without expecting perfection is a conviction that shapes Dilushi...