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Lehar Footwears' Board met on 12th August 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended 30th June 2025), along with the Board's Report for FY25. Revenue from operations surged to about ₹14,219.66 lakhs in Q1 FY26, more than double the ₹6,319.76 lakhs reported in Q1 FY25. Profit before tax jumped to ₹972.76 lakhs from ₹316.17 lakhs, while net profit after tax rose to ₹727.13 lakhs from ₹238.16 lakhs — roughly a threefold increase YoY. Basic EPS stood at ₹4.11 (vs ₹1.35 restated). The 31st AGM is scheduled for 15th September 2025 in Jaipur with 8th September 2025 as the record date for dividend. A Bafna & Co issued an unqualified limited review report, and prior period figures were restated due to a change in accounting policy for capital subsidy treatment.
Strong topline and bottomline growth signals robust operational performance and should be viewed positively by shareholders, though the scale of growth partly reflects a lower base quarter. The restatement of prior figures (no P&L impact) is a routine accounting policy change with no effect on shareholder value.