Outcome of the board meeting held on 13th February, 2026
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The Board of Directors of Lehar Footwears Limited approved the unaudited financial results for the quarter and nine months ended 31st December 2025. Revenue from operations surged to ₹33,984.84 lakhs in 9M FY26 from ₹16,776.63 lakhs in 9M FY25, more than doubling year-on-year. Net profit jumped sharply to ₹1,669.77 lakhs (9M FY26) from ₹582.76 lakhs (9M FY25), an increase of nearly 186%. For the standalone quarter (Q3 FY26), revenue stood at ₹5,713.12 lakhs and net profit at ₹213.30 lakhs, broadly flat compared to Q3 FY25. The auditor (A Bafna & Co) issued a clean limited review report with no qualifications. The company also retrospectively restated prior period figures due to a change in accounting policy for government grants related to property, plant and equipment, which had no impact on net profit.
Strong top-line and bottom-line growth over the nine-month period signals improving business momentum, though the sequential Q3 numbers were muted compared to a strong Q2. Restated prior numbers should be noted for like-for-like comparison, and the clean auditor report supports reliability of the numbers.