Teejay Group Q1 profits up 31% despite industry challenges

THE Teejay Group, a leading South Asian multinational textile manufacturer, has reported a resilient performance for the first quarter of the 2025/26 financial year, demonstrating its operational strength and strategic agility in the face of continued global market headwinds.

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The Group recorded a Profit After Tax (PAT) of Rs. 0.21 billion for the quarter ended 30 June 2025, reflecting a notable 31% year-on-year growth. This achievement, amid subdued global demand and currency headwinds, underscores Teejay’s ongoing focus on operational excellence and prudent financial management.

Revenue for the quarter stood at Rs. 15.8 billion, marking a 2% increase compared to the same period last year. Despite a challenging industry environment, including demand contraction and fluctuating price dynamics across key export markets, Teejay sustained its topline through its diversified global customer base and continued supply chain efficiency.