📈 JAT Holdings Posts 34% YoY Revenue Growth to LKR 3.04 Bn in Q1 FY26/27

• Financial Performance Overview: Group revenue surged 34% YoY to LKR 3.04 Bn for the quarter ended 30 June 2026. Gross profit grew 29% YoY to LKR 1.07 Bn, though GP margin moderated to 35% (from 37%) due to higher global commodity costs. Profit After Tax (PAT) remained steady at LKR 150 Mn, while Profit Before Tax (PBT) stood flat at LKR 167 Mn. Operating profit fell 25% YoY to LKR 174 Mn due to Mirotone consolidation expenses, software depreciation, and higher fuel and transport costs. • Geographic Breakdown: - International Operations: Revenue spiked 110% YoY to LKR 1.21 Bn. Revenue in Bangladesh grew 33% in BDT terms (led by 61% growth in Coat-Ex sales and 31% in industrial), while the Maldives grew 624% QoQ. Mirotone NZ posted 10% QoQ growth in NZD terms despite a loss of NZD 59,000, while Mirotone Australia was established as a wholly owned subsidiary. - Domestic Operations: Sri Lankan revenue grew 8% YoY to LKR 1.83 Bn. • Sector & Segment Performance: - Wood Coatings: Maintained a 57% market share with 8% QoQ revenue growth. - Paint, Chemicals & Related: Recorded 85% QoQ revenue growth, capturing 11% of the Brilliant White segment. - Brushes & Rollers: Achieved 78% QoQ revenue growth, expanding reach by 12% to over 3,000 outlets. - Furnishing: Direct revenue fell 7%, but total value (including customer-paid LC components) surged 64% QoQ, with a confirmed pipeline of ~LKR 763 Mn. - EV Charging Infrastructure: Volt Charge maintained its position as Sri Lanka’s largest EV charger manufacturer (>3,500 units to date) and secured a landmark order for 2,000 chargers from John Keells CG Auto (BYD distributor).