Outcome of the Board Meeting held on 10.11.2025
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Awaiting price reaction for this filing.
The Board of Lehar Footwears approved the unaudited standalone financial results for the quarter and half year ended 30 September 2025 at its meeting held on 10 November 2025. The auditor, A Bafna & Co, issued a clean limited review report with no qualifications or adverse comments. Profit before tax for H1 FY26 stood at about ₹1,980 lakhs, up sharply from ₹489.62 lakhs in H1 FY25, while profit after tax for the half year came in at roughly ₹1,456 lakhs versus ₹365 lakhs a year earlier. For Q2 FY26 alone, the company reported a PBT of ₹173.45 lakhs and a PAT of ₹126.74 lakhs, translating to a basic and diluted EPS of ₹4.11. The filing also notes that prior period (September 2024) figures were retrospectively restated to reflect a change in accounting policy relating to Government Grants (capital subsidy), which is now netted off the related asset instead of being treated as deferred income.
A clean audit report and a roughly four-fold jump in half-yearly profit are positive signals for shareholders, though comparison figures were restated due to an accounting policy change, so investors should view the prior-year numbers on a like-for-like basis. The strong earnings beat could support near-term sentiment in the stock.