STYLERS FY26 profit softens 13%

According to Mettis Global, Stylers International Limited saw its annual net profit fall 13% to Rs1.11bn for the period ending June 30, 2026. The figure was Rs1.27bn in the previous year. Earnings per share eased to Rs2.26 from Rs2.61, while the board suggested a Rs0.75 per share final cash payment to shareholders.

The main pressure came from a 9% fall in net sales, which dropped to Rs18.89bn from Rs20.73bn. Cost of sales declined 9% to Rs15.33bn, yet gross profit still slipped 7% to Rs3.56bn. Lower distribution costs, at Rs679.00m, helped limit the impact of higher administrative and other expenses, but operating profit still eased 7% to Rs2.12bn.

Financial and other charges climbed 7% to Rs379.00m, and profit before tax fell 10% to Rs1.74bn. Tax expense was marginally lower at Rs635.98m, a 2% decline from Rs651.38m in FY25.