JAT continues momentum to FY 2025/26 with 20% PAT growth in Q1

JAT Holdings PLC, a leading Sri Lankan conglomerate in the manufacturing and coatings industry, announced its financial results for the first quarter of the 2025/26 financial year, reflecting a stable and promising start despite external market challenges.

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Traditionally with the first quarter being the lowest demand quarter for the paint industry due to seasonality and the peak in the fourth quarter, the Group still recorded a notable 20% year-on-year (YoY) growth in profit after tax (PAT), signalling its continued ability to adapt, optimise, and deliver value in a dynamic economic landscape.

Revenue for the quarter grew by 3% YoY to Rs. 2.26 billion, with gross profit rising 26% to Rs. 830 million. This translated to a significant improvement in gross profit margin, which increased from 30% to 37% driven by enhanced cost efficiencies from the backward-integrated manufacturing facilities and direct distribution strategies. Operating profit surged by 54%, while profit before tax rose by 18% YoY, reinforcing the Group’s underlying financial health and operational discipline.