Financial Results
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Awaiting price reaction for this filing.
Lehar Footwears reported strong FY25 results with revenue from operations rising to ₹27,721.28 lakhs from ₹19,426.04 lakhs in FY24, a growth of about 42.7%. Net profit for the year jumped to ₹1,086.90 lakhs from ₹655.81 lakhs, up roughly 65.7%. Q4 FY25 saw revenue of ₹10,944.65 lakhs (vs ₹3,806.30 lakhs in Q4 FY24) and net profit of ₹504.15 lakhs (vs ₹122.22 lakhs). The board declared a final dividend of ₹0.50 per share (5% of face value). The statutory auditor A. Bafna & Co. issued an unmodified (clean) opinion. FY24 figures were restated due to a change in accounting policy for government grants (now deducted from asset cost instead of treated as deferred income), which had no impact on net profit.
Strong double-digit revenue and profit growth with margin expansion is positive for shareholders. The clean audit opinion and modest dividend support investor confidence, while the restatement for accounting policy change (no P&L impact) is a neutral disclosure.