Srilanka, Nov. 23 -- The Teejay Group, one of South Asia's leading multinational textile manufacturers, released its financial results for the first half of the 2025/26 financial year.

The results underscore the Group's disciplined working capital management and reduction in loan exposure, enabling it to remain resilient amid a challenging global market landscape.

For the six-month period ending September 30, 2025, Teejay Lanka PLC reported a Profit After Tax (PAT) of Rs. 0.4 billion, representing a 61% year-on-year decline. The reduction was primarily driven by lower customer demand, pricing pressures and reduced capacity utilisation, which impacted export competitiveness. Group revenue for the six-month period under review stood at Rs...