Teejay Lanka 4Q profits propelled by stable yarn prices and favourable product mix

Teejay Lanka PLC, the knit fabric maker for the global apparel makers reported some solid top and bottom-line performance for the three months ended in March 2025 while the broadly stable yarn prices, the company’s key raw material, helped the company to report higher profits.

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Releasing its interim results, the company reported revenues of Rs.17.25 billion for the January - March quarter, the company’s fourth fiscal quarter, up 13 percent from the same period in 2024.

The company attributed this to the favourable sales mix and increase in demand.

This, they said, was achieved amid the challenges in the market and the appreciation in the Rupee against the Dollar in the first three months of 2025.

Despite the challenges, the company sounded upbeat about its future prospects.