Why are Lehar Footwear shares up 10% today? Explained
Shares of Lehar Footwear surged 10.32% to Rs 302 on the Bombay Stock Exchange during Monday's trade, adding Rs 28.25 from the previous close of Rs 273.75. The rally came after the company reported robust financial results for the quarter ended June 30, 2025 (Q1 FY26).
Revenue from operations jumped 125% year-on-year (YoY) to Rs 142.19 crore from Rs 63.19 crore in the same period last year. Sequentially, revenue was up 30% from Rs 109.44 crore in Q4 FY25. Total income stood at Rs 142.25 crore compared to Rs 63.23 crore in Q1 FY25.
The company's expenses rose to Rs 132.52 crore from Rs 60 crore a year earlier, mainly due to higher purchases of stock-in-trade, which came in at Rs 95.83 crore versus Rs 14.07 crore in the corresponding quarter last year.
Profit before tax stood at Rs 9.72 crore, up sharply from Rs 3.16 crore in Q1 FY25, while net profit rose 205% YoY to Rs 7.27 crore from Rs 2.38 crore. Sequentially, net profit increased 44% from Rs 5.04 crore in Q4 FY25.
At the current price of Rs 302, Lehar Footwear's market capitalization stands at Rs 509 crore, with a 52-week range of Rs 193 to Rs 322.20.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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