Lehar Footwears announced H1FY26 and Q2FY26 results, Reports Strong Revenue and PAT Growth
- ByStartupStory | November 11, 2025
Lehar Footwears Limited announced strong financial results for the quarter ended September 30, 2025, showcasing impressive growth in revenue and profit after tax (PAT) for both Q2FY26 and H1FY26.
In H1FY26, the company recorded sales of ₹282.7 crore, a significant increase from ₹100.8 crore in H1FY25 and ₹277.2 crore in FY25. The PAT surged to ₹14.6 crore against ₹3.6 crore in H1FY25 and ₹10.9 crore in FY25. This improvement in profitability was driven by better operating leverage, pushing PAT margins to 5.2% from 3.6%. Return on Capital Employed (RoCE) improved markedly from 4.3% to 12.7%, while Return on Equity (ROE) rose from 3.4% to 12.0%.
For Q2FY26 alone, Lehar Footwears reported revenue of ₹140.5 crore, up 274% from ₹37.6 crore in Q2FY25. Operating profit rose to ₹12.6 crore from ₹4.5 crore a year earlier, though operating margin slightly dipped to 9.0% from 11.9%. Profit before tax increased significantly to ₹10.1 crore from ₹1.7 crore in the previous year’s quarter. PAT climbed more than fivefold to ₹7.3 crore compared to ₹1.3 crore, supported by reduced income tax expenses.
Key business developments included a reduction in the Goods and Services Tax (GST) rate on footwear priced up to ₹2,500 from 12% to 5%, which is expected to enhance consumer affordability, broaden the addressable market, and promote the formalization and growth of India’s footwear industry. Leveraging this opportunity, Lehar Footwear has strengthened both its mass and mid-market presence with a diverse portfolio.
The company also expanded its product portfolio by launching a new sports footwear line under the brand name ‘Rannr’. The launch event saw participation from over 200 dealers across India and received positive market feedback, further expanding the company’s distribution network.
Lehar Footwears operates five manufacturing facilities located in Jaipur, Kaladera (Chomu), and Kundli (Haryana) and distributes its products through trade channels, retail multi-brand outlets, exports, government schemes, and e-commerce platforms.
This robust performance and strategic initiatives underscore Lehar Footwears’ growing market position and operational resilience in a competitive footwear sector.
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