Hemas kicks off FY26 with resilient performance in 1Q

HEMAS Holdings PLC yesterday said it sustained a positive trajectory in the first quarter of FY2026 from the previous year, achieving a cumulative revenue of Rs. 28.5 billion, delivering a resilient performance.

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Operating profit and earnings grew by 6.9% and 26.1%, respectively, reaching Rs. 2.1 billion and Rs. 1.2 billion for the quarter. The year-on-year (YoY) improvement in Group earnings was driven by stronger topline growth, improved gross profit margins, and reduced finance costs.

During the quarter, the Hemas share continued its upward trajectory, marking a robust YoY gain of 83.1%.

Hemas Holdings PLC new Group CEO Ashish Chandra said: "As I take on this responsibility, I am encouraged by the signs of macroeconomic stabilisation and remain confident that our strategic direction will drive sustainable growth for the Group in the year ahead. We are currently evaluating overseas expansion opportunities and the extension of the Thalawathugoda hospital-ventures that are aligned with our long-term growth priorities and designed to unlock scale and value across the portfolio. I look forward to working closely with our teams and partners as we navigate this next phase-focused, grounded, and committed to creating long-term value for all our stakeholders." In a statement, Hemas shared the following highlights from its 1Q performance.

The Consumer Brands sector continued to strengthen its market presence through focused sales and promotional initiatives, which supported volume recovery across key categories.