LEAP INDIA Q2: NET PROFIT SURGES 62% YOY; INCOME UP 23%, NET DEBT NEARLY HALVED

• Profit Growth: PAT surged 62% YoY in Q2 FY27, significantly outperforming income growth of 23% • H1 Performance: Net profit up 42% YoY, while income increased 21%, reflecting strong operating leverage • Customer Network: Serves over 1,100 customers across more than 11,000 touchpoints nationwide • Customer Retention: Churn rate remained below 0.5%, indicating strong customer stickiness • Asset Pooling Business: Income grew 19%, supported by demand for supply-chain solutions • Material Handling Equipment: MHE income surged 52%, strengthening business diversification • Strategic Acquisitions: Acquired Vimprotech and TIPS to strengthen integrated, end-to-end returnable packaging solutions • Customer Expansion: Acquisitions expected to add over 200 customers across supply-chain industries • Backward Integration: Entry into custom plastics manufacturing expected to improve supply-chain control, optimise asset costs and support margins • Balance Sheet: Net debt nearly halved, with debt-to-equity ratio declining to 0.48x • Credit Rating Upgrade: India Ratings upgraded ratings to IND A+ and IND A1+ • Growth Outlook: Management expects continued profitability improvement through operating efficiencies, cross-selling opportunities and disciplined expansion

LEAP INDIA LIMITED

← Back to feed