📈 JAT Holdings Posts Record Rs. 12.6 Bn Revenue in FY25/26 as PBT Rises 5%

• Financial Performance: Group revenue rose 9% YoY to a record Rs. 12.6 Bn for the year ended 31 March 2026. Gross profit jumped 21% to Rs. 4.8 Bn, expanding margins from 34% to 38% via vertical integration. Profit Before Tax (PBT) grew 5% to Rs. 1.68 Bn, while Profit After Tax (PAT) closed at Rs. 1.52 Bn, affected by deferred tax asset adjustments. • Sector & Product Breakdown: Core wood coatings achieved highest-ever sales, growing 9% YoY despite temporary cyclone disruptions. Local revenue rose 12% to Rs. 9.7 Bn, heavily supported by the emulsion category (up 15% sales growth), brushes (up 12%), and decorative paints. The EV charging business established Sri Lanka's largest network, selling over 2,000 slow chargers and registering 15,000+ users. A confirmed 2,000-charger order from BYD remains unrecognized in this financial year. • International Operations & Expansion: Foreign operations generated Rs. 2.9 Bn. The October 2025 acquisition of Mirotone New Zealand marked a key milestone, with Mirotone posting NZD 1.6 Mn in Q4 sales revenue (up 10% YoY) and an 18% increase in PAT, anchoring JAT's expansion into Australasia. • Strategic Initiatives: JAT completed its phase two binder plant expansion, boosting capacity by 76% to advance its backward vertical integration strategy and mitigate import supply chain volatility.