CIC Holdings 9M revenue climbed to Rs. 70.28 billion despite operational disruption from Cyclone Ditwah, as diversified business segments and disciplined cost management supported profitability and sustained operating momentum during the nine months ended December 2025.
CIC Holdings 9M revenue rises as diversified segments offset disruptions
CIC Holdings PLC reported consolidated revenue of Rs. 70.28 billion for the nine months ended December 2025 (9MFY26), reflecting an 8.69 percent year-on-year increase, despite weather-related disruption to agricultural operations caused by Cyclone Ditwah during the Maha cultivation season.
The agriculture-focused diversified conglomerate said its performance was underpinned by balanced contributions from its five core industry segments, supported by pricing discipline, product mix optimisation and resilience across non-agricultural businesses. The Group’s results highlight the strength of its diversified portfolio in navigating short-term volatility while maintaining steady growth.
Gross profit for the period rose by 10.11 percent to Rs. 18.42 billion, with the gross profit margin improving to approximately 26 percent. The margin expansion was driven by effective cost controls, improved product mix and stable demand across key operating segments, the company said.
Profit after tax increased to Rs. 5.97 billion, compared to Rs. 5.7 billion recorded in the corresponding period of the previous financial year. This improvement was achieved despite losses incurred in parts of the Group’s agri operations following cyclone-related disruption to cultivation activity.
CIC Holdings said Cyclone Ditwah affected agricultural output during the Maha season, impacting cultivation cycles in certain regions. However, the Group was able to offset these challenges through stronger performances in its pharmaceuticals, livestock solutions and healthcare-related businesses.
Operating performance remained robust, with earnings before interest and tax rising to Rs. 9.67 billion from Rs. 8.62 billion a year earlier. The improvement in operating profit reflects disciplined execution, scale efficiencies and continued demand across multiple industry verticals.
Among the Group’s operating segments, crop solutions remained the largest contributor to consolidated turnover, accounting for approximately 44.7 percent of total revenue during the period. Revenue from this segment increased from Rs. 28.06 billion to Rs. 32.32 billion, supported by product demand and pricing strategies, despite the challenging cultivation environment.
Livestock solutions emerged as the second-largest contributor, accounting for around 21 percent of Group revenue. Segment revenue rose from Rs. 13.35 billion to Rs. 14.6 billion, driven by continued growth in animal feed, poultry operations and veterinary care services.
Health and personal care accounted for approximately 20.18 percent of consolidated revenue, with segment turnover increasing from Rs. 14.29 billion to Rs. 14.46 billion. The performance was supported by steady domestic demand and improved export activity in herbal health products, which continued to gain traction in overseas markets.
The agri produce segment recorded revenue growth from Rs. 4.35 billion to Rs. 4.64 billion, while industrial solutions revenue increased from Rs. 6.07 billion to Rs. 6.28 billion. Together, these segments contributed 6.4 percent and 8.6 percent respectively to Group turnover, reinforcing the diversified nature of CIC Holdings’ earnings base.
Despite weather-related disruptions to primary agriculture, the Group said all five industry sectors continued to demonstrate operational resilience. Management attributed this performance to proactive planning, portfolio diversification and sustained investment across value-added segments.
CIC Holdings Group Chief Executive Officer Aroshan Seresinhe said the company remained focused on supporting farming communities affected by Cyclone Ditwah. He noted that the Group undertook well clean-up operations, field renovation initiatives and restoration of cultivation activity to minimise long-term impact on agricultural livelihoods.
“At the same time, strong performances from our pharmaceuticals, livestock solutions and healthcare businesses enabled us to sustain operating momentum,” Seresinhe said, adding that the Group’s diversified portfolio continues to strengthen its ability to manage short-term volatility.
He further stated that disciplined execution across business units supports the Group’s broader objectives of advancing food security, improving access to healthcare and delivering sustainable long-term value for stakeholders.
The results underscore how CIC Holdings 9M revenue growth was driven not by a single segment, but by balanced contributions across agriculture, healthcare, manufacturing and industrial solutions. Analysts note that such diversification positions the Group well to navigate climate-related risks and shifting market conditions.
As the Group moves into the final quarter of the financial year, management remains focused on operational efficiency, market expansion and supporting national priorities linked to agriculture and healthcare development, while maintaining financial discipline.