Unaudited Financial Result for the quarter and nine months ended 31st December, 2025
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Lehar Footwears Limited reported standalone revenue of ₹5,713.12 lakhs for Q3 FY26, down about 14.6% from ₹6,692.36 lakhs in Q3 FY25, though Q2 FY26 had an unusually large quarter at ₹14,052.06 lakhs. For the nine-month period (Apr-Dec 2025), revenue surged over 100% to ₹33,984.84 lakhs versus ₹16,776.63 lakhs last year, driven by strong growth in both Footwear and Tool Kit segments. Net profit for the nine months nearly tripled to ₹1,669.77 lakhs (₹582.76 lakhs last year), while Q3 standalone net profit was largely flat at ₹213.30 lakhs. Basic EPS for nine months stood at ₹9.45 vs ₹3.30 a year ago. The auditor (A Bafna & Co) issued an unmodified limited review report.
Strong 9-month topline and earnings growth signals robust demand and execution, though the sharp Q3 sequential dip suggests order timing volatility. The restatement of prior figures due to a change in accounting policy for government grants is technical and has nil impact on net profit.