Srilanka, Nov. 5 -- Hemas Holdings PLC delivered a strong second quarter, with revenue growing 17.0% YoY to Rs. 37.8 Bn in Q2 FY27 as all four sectors recorded growth, led by Hospitals (+19.3%) and Consumer Brands (+18.3%). EBITDA rebounded to Rs. 4.5 Bn, up 10.5% YoY and nearly double the first quarter. Group earnings more than doubled from Q1 to Rs. 2.0 Bn. For H1 FY27, the strong second quarter turned a 14.1% EBITDA decline at the end of Q1 into growth of 0.9%.
The Group chose to absorb much of the increase in raw material, energy and freight costs driven by the Middle East conflict, protecting consumer affordability and volumes. Gross margin declined 3.1 pp YoY to 29.7%; however, disciplined cost management kept overheads growing slowe...