JKH starts FY26 with strong performance; EBITDA up 69% to Rs. 12.9 b

TOP blue chip John Keells Holdings PLC (JKH) has begun the new FY26 on a strong footing in the first quarter, with EBITDA reflecting a 69% year-on-year (YoY) growth to Rs. 12.97 billion.

- 

“The Group recorded a significant growth in revenue and EBITDA primarily on account of the Retail industry group, aided by the performance of the Supermarket and New Energy Vehicle (NEV) businesses,” JKH Chairperson Krishan Balendra said in his review accompanying the interim results released yesterday.

Group revenue rose by 64% to Rs. 114.15 billion. Group Profit After Tax (PAT) at Rs. 717 million, too, was an increase over the negative Rs. 967 million recorded in the previous financial year. Group PAT, excluding City of Dreams Sri Lanka, rose by 374% to Rs. 4.91 billion.

Group Profit Before Tax (PBT) amounted to Rs. 3.11 billion, an increase over the negative Rs. 204 million in 1Q of FY25.

Group PBT, excluding City of Dreams Sri Lanka, rose by 306% to Rs. 7.29 billion.

The profit attributable to equity holders in 1Q of FY26 was a negative Rs. 804 million compared to a negative Rs. 869 million a year ago.