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Awaiting price reaction for this filing.
Lehar Footwears posted strong Q1 FY26 (quarter ended 30 June 2025) results with revenue from operations at ₹14,219.66 lakhs, more than doubling from ₹6,319.76 lakhs in Q1 FY25 (~125% YoY growth). Net profit surged to ₹727.13 lakhs from ₹238.16 lakhs (~205% YoY growth), translating to EPS of ₹4.11 vs ₹1.35. Total income was ₹14,225.28 lakhs and profit before tax stood at ₹972.76 lakhs. The auditor (A Bafna & Co) issued an unqualified limited review report. Prior period figures were restated due to a change in accounting policy for government capital grants (now netted off from asset cost instead of deferred income), though this had nil impact on net profit. The board also approved the 31st AGM notice for 15 September 2025 with a record date of 8 September 2025 for the upcoming dividend.
Sharp topline and bottomline growth signals strong business momentum for shareholders; the restatement is technical and profit-neutral. Investors should watch margin trends and segment mix (footwear vs toolkit) as the business scales rapidly.