Hayleys PLC notched a 40 percent year-on-year growth in profit before tax to post Rs. 35.37 billion for the financial year that ended on March 31, 2025. The growth was lead by consistent export earnings and solid performances in its consumer, retail and logistics segments.
The top-line of the diversified conglomerate increased by 13 percent to an all-time high of Rs. 492.20 billion, marking the highest revenue in the group’s history, while profit after tax surged 52 percent to Rs. 22.51 billion.
The group’s export earnings grew three percent to US $ 875 million, accounting for 53 percent of total revenue. The entity has been focusing on penetrating new and existing overseas markets. Despite the appreciation of the rupee eating into margins, gross profit increased 8 percent, supported by a growing share of value-added products and efficiencies gained through digitalisation.
Earnings before interest, tax, depreciation and amortisation rose 12 percent to Rs. 47.77 billion and Rs. 60.02 billion. Net finance costs dropped sharply by 30 percent, in line with the falling interest rates, giving further lift to core profitability. Hayleys, in a commentary that followed the release of the financial results to the Colombo Stock Exchange last week said its consumer and retail, transportation and logistics, hand protection, textiles and purification segments were key contributors to revenue growth.
