Business

Hayleys FY 2025/26 Revenue Surpasses Rs.585 Billion

Co-Chairman Dhammika Perera, Chairman/CEO Mohan Pandithage

Hayleys FY 2025/26 Revenue reached a historic milestone as the diversified conglomerate recorded the highest turnover in its history, surpassing the half-trillion-rupee mark. The strong performance reflects resilient domestic demand, expanding consumer markets, and steady growth across the group’s diverse business portfolio.


Hayleys FY 2025/26 Revenue reaches record high amid broad-based growth


For the financial year ended March 31, 2026, Hayleys PLC reported revenue of Rs. 585.02 billion, representing a 19 percent year-on-year increase and marking the first time the group has exceeded the Rs. 500 billion threshold. The achievement underscores the strength of one of Sri Lanka’s largest corporate entities as it navigates an evolving economic environment.

The group’s consolidated profit before tax increased by 4 percent to Rs. 38.04 billion, while momentum accelerated during the final quarter of the financial year. Fourth-quarter revenue rose by 29 percent to Rs. 164.62 billion, supported by recovering economic activity and resilient consumer demand. Profit before tax for the quarter improved by 6 percent to Rs. 13.87 billion.

The performance was driven by contributions from all business sectors, demonstrating the resilience of the group’s operating model. Domestic-focused businesses benefited from favorable market conditions, while export-oriented operations continued to perform steadily despite ongoing global uncertainties.

The strong Hayleys FY 2025/26 Revenue performance was achieved against a backdrop of improving macroeconomic conditions. Sri Lanka experienced greater economic stability during the year, supported by accommodative monetary policies and a recovery in private sector credit growth. Although economic activity was temporarily affected by Cyclone Ditwah during the latter part of 2025, reconstruction efforts and resilient domestic consumption helped drive a recovery in the final quarter.

Globally, businesses continued to contend with geopolitical tensions, supply chain disruptions, and volatility in energy markets. Despite these challenges, Hayleys maintained operational momentum across its diversified portfolio, highlighting the advantages of its broad sectoral presence.

A significant contributor to growth was the consumer and retail sector, which recorded a 44 percent increase in revenue to Rs. 156.74 billion. The sector emerged as the largest driver of expansion during the year, benefiting from improved consumer spending and market demand. Meanwhile, the group’s export-oriented businesses collectively achieved revenue growth of 14 percent, demonstrating their ability to remain competitive in international markets.

The group’s earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 8 percent to Rs. 64.82 billion. Earnings before interest and tax (EBIT) rose by 2 percent to Rs. 49.37 billion, while profit after tax reached Rs. 22.22 billion for the year.

The results further reinforce Hayleys’ position as a leading diversified conglomerate, with operations spanning multiple industries including consumer products, retail, agriculture, transportation, manufacturing, exports, and services. The group’s diversified structure has enabled it to balance risks across sectors while capitalizing on growth opportunities in both local and international markets.

During the year, Hayleys also strengthened its financial position through the successful completion of a Rs. 9 billion rights issue. The capital raising exercise enhanced the group’s balance sheet, enabling it to pursue future investments while facilitating partial debt settlement. Reflecting confidence in the company’s financial strength, Fitch Ratings reaffirmed Hayleys’ National Long-Term Rating at ‘AAA (lka)’ with a Stable Outlook.

Chairman and Chief Executive Mohan Pandithage said the year’s performance reflected the successful execution of strategic priorities and the ability of the organization to remain agile in a constantly changing operating environment. He emphasized that the company remains focused on expanding into new business segments, markets, and customer propositions as part of its long-term growth strategy.

The company also continued to advance its sustainability objectives. Hayleys limited the increase in Scope 1 and Scope 2 greenhouse gas emissions to just 1 percent during the year, while its workforce expanded beyond 38,700 employees. These achievements highlight the group’s commitment to balancing business growth with environmental and social responsibility.

In addition, the financial year marked strategic investments in the mobility and supermarket sectors, both of which are expected to contribute meaningfully to future earnings as they mature. These investments align with the company’s broader strategy of building a more diversified portfolio capable of supporting long-term value creation.

The record-breaking Hayleys FY 2025/26 Revenue performance reflects not only the resilience of the group’s business model but also broader improvements in the Sri Lanka economy. With a strengthened capital base, expanding business portfolio, and continued focus on sustainable growth, Hayleys appears well-positioned to capitalize on emerging opportunities and drive the next phase of its corporate growth journey.