Colombo, 13th August 2026 – RENUKA CITY HOTELS PLC (CSE: RCH) has announced exceptional financial results for the first quarter ended 30th June 2026, showcasing robust growth across key performance indicators. The interim financial statements, released today, reveal a significant increase in both revenue and profitability, underscoring the company’s strong operational performance and strategic financial management.
Strong Profitability Drives Shareholder Value
For the quarter ended 30th June 2026, RENUKA CITY HOTELS PLC recorded a remarkable Profit Before Taxation (PBT) of Rs. 870.68 million, a staggering 201% increase compared to Rs. 288.79 million reported in the corresponding period of the previous year. This impressive growth translated into a Profit for the Period of Rs. 868.68 million, marking a 205% surge from Rs. 284.79 million in Q1 2025.
The stellar performance is also reflected in the Earnings Per Share (EPS), which soared to Rs. 124.10 for the quarter, significantly up from Rs. 40.68 in the previous year’s first quarter. This substantial improvement highlights the company’s enhanced earning capacity and value creation for shareholders.
Revenue and Operational Highlights
The company’s revenue for the quarter reached Rs. 6,355.1 million, demonstrating a healthy 45% increase from Rs. 4,382.3 million recorded in Q1 2025. This growth was complemented by a robust Gross Profit of Rs. 5,156.1 million, up 49% year-on-year. Profit from Operations also saw a substantial increase of 72% to Rs. 7,494.3 million. A significant contributor to the bottom line was Net Finance Income, which surged by 224% to Rs. 7,957.3 million, indicating prudent financial asset management.
Solid Financial Position and Asset Growth
As at 30th June 2026, RENUKA CITY HOTELS PLC maintained a strong financial position, with Total Assets growing to Rs. 13,439.01 million from Rs. 11,231.30 million as at 30th June 2025. The company’s Total Equity also saw a commendable rise to Rs. 13,311.30 million, compared to Rs. 11,106.24 million a year ago.
Current Assets experienced a notable increase to Rs. 10,862.31 million from Rs. 8,931.76 million, primarily driven by Investments in financial assets amounting to Rs. 7,431.56 million and Cash & Cash Equivalents of Rs. 3,409.99 million. The Net Assets per share improved to Rs. 1,901.61 from Rs. 1,586.61 in the comparative quarter.
Cash Flow Dynamics
The Statement of Cash Flows revealed a positive Net Cash Flow from Operating Activities of Rs. 640.45 million for the three months ended 30th June 2026, a substantial increase from Rs. 99.23 million in the previous year. Despite net cash outflows from investing activities, the overall cash and cash equivalents at the end of the period stood at Rs. 3,407.64 million, demonstrating a healthy liquidity position.
Share Information and Public Float
As of 30th June 2026, RENUKA CITY HOTELS PLC’s public shareholding stood at 27.86%, distributed among 931 public shareholders. The float adjusted market capitalization was reported at Rs. 1,696.67 million. During the quarter, the company’s shares traded between a high of Rs. 930.00 and a low of Rs. 770.25, with the last traded price at Rs. 870.00.
The interim financial statements for RENUKA CITY HOTELS PLC underscore a period of impressive financial expansion, marked by significant growth in revenue and profitability, reinforcing its position as a key player in Sri Lanka’s business landscape.
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