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

YTD PAT increases by 20% with 1% margin increase YTD local revenue increases by 13% Overall YoY GP margin increases by 7% Efficiencies through backward vertical integration initiatives reflected through performance Unlocks further value from EV charger manufacturing venture

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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.

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.