Key Financial Figures - Standalone (₹ in millions)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹1,732.46
- Other income: ₹71.28
- Total income: ₹1,803.74
- Total expenses: ₹1,493.36
- Profit before exceptional items and tax: ₹310.38
- Exceptional items (prepayment charges on borrowings): ₹68.49
- Profit before tax: ₹241.89
- Tax expense: ₹61.32
- Profit for the period: ₹180.57
- Basic EPS: ₹0.43
- Diluted EPS: ₹0.43
Half Year Ended September 30, 2026:
- Revenue from operations: ₹3,420.59
- Other income: ₹195.98
- Total income: ₹3,616.57
- Profit for the period: ₹425.27
- Basic EPS: ₹1.01
- Diluted EPS: ₹1.01
Comparative Figures (Quarter Ended September 30, 2025):
- Revenue from operations: ₹1,529.42
- Profit for the period: ₹113.58
- Basic EPS: ₹0.28
Key Financial Figures - Consolidated (₹ in millions)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹2,111.89
- Other income: ₹47.36
- Total income: ₹2,159.25
- Profit for the period: ₹178.04
- Basic EPS: ₹0.43
- Diluted EPS: ₹0.42
Half Year Ended September 30, 2026:
- Revenue from operations: ₹4,146.02
- Profit for the period: ₹425.37
- Basic EPS: ₹1.02
Balance Sheet Highlights - Standalone (₹ in millions)
As at September 30, 2026:
- Total assets: ₹26,371.71
- Property, plant and equipment: ₹14,419.98
- Cash and cash equivalents: ₹1,739.64
- Total equity: ₹15,156.32
- Borrowings (non-current): ₹2,602.79
- Borrowings (current): ₹3,346.59
Comparative (As at March 31, 2026):
- Total assets: ₹22,726.25
- Cash and cash equivalents: ₹54.35
- Total equity: ₹10,113.71
IPO Details and Proceeds Utilization
The company completed its Initial Public Offer (IPO) on August 14, 2026, issuing 155,974,840 equity shares of face value ₹1 each at an issue price of ₹159 per share. The fresh issue comprised 30,188,678 equity shares aggregating ₹4,800 million, while the offer for sale comprised 125,786,162 equity shares aggregating ₹20,000 million.
IPO Proceeds Utilization as of September 30, 2026:
- Prepayment/repayment of borrowings: ₹3,596.10 million utilized out of ₹3,600.00 million planned
- General corporate purposes: ₹316.04 million utilized out of ₹982.86 million planned
- Issue-related expenses: ₹83.64 million utilized out of ₹217.14 million planned
- Total utilized: ₹3,995.77 million
- Unutilized amount: ₹804.23 million (₹256.22 million retained in escrow, ₹97.92 million in monitoring account, ₹450.09 million temporarily invested in fixed deposits)
Subsidiary Updates
- The company approved an equity contribution of USD 999,999.99 to LEAP MENA Holdings Limited, UAE (wholly owned subsidiary) on August 26, 2026
- Incorporated two new wholly owned subsidiaries: Vimprotech Private Limited (October 1, 2026) and Total Integrated Packaging Solutions Limited (October 5, 2026)
- Consolidated results include subsidiaries: Taron Material Handling Equipments Private Limited, LEAP GULF Company, LEAP MENA Holdings Limited, and LEAP Pallet Pooling Trading LLC
Auditor's Review
Walker Chandiok & Co LLP conducted a limited review of both standalone and consolidated financial results and concluded that nothing came to their attention causing them to believe the statements contain material misstatements.
Additional Information
- The company changed its name from LEAP India Private Limited to LEAP India Limited
- Corporate Identity Number: L74900MH2013PLC245166
- Results available on company website: www.leapindia.net