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Lehar Footwears' board met on 12th August 2025 and approved unaudited financial results for Q1 FY26 (quarter ended 30th June 2025). Revenue from operations jumped to ₹14,219.66 lakhs from ₹6,319.76 lakhs in Q1 FY25, more than doubling year-on-year. Net profit surged to ₹727.13 lakhs from ₹238.16 lakhs, while EPS rose to ₹4.11 from ₹1.35. The auditor A Bafna & Co issued a clean limited review report with no qualifications. The board also fixed 8th September 2025 as the record date for the 31st AGM (scheduled for 15th September 2025) and any dividend declared at the meeting.
Very strong quarterly performance with revenue and profit more than doubling, which should be viewed positively by shareholders. The record date announcement signals a possible dividend declaration at the upcoming AGM. Prior period figures were re-stated due to a change in accounting policy for government grants, though this had no impact on previously reported net profit.