Haryana Leather Chemicals Limited has announced the sad demise of Mr. Narendra Kumar Jain, Non-Executive Non-Independent Director of the company. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting a significant loss for the organization.

Director's Passing Details

Mr. Narendra Kumar Jain (DIN: 00486730) passed away on Thursday, March 19, 2026. The company filed the regulatory disclosure on March 20, 2026, with the Bombay Stock Exchange Limited, fulfilling its compliance obligations under the SEBI listing regulations.

Company's Statement

The company expressed deep regret over the sudden and unexpected passing of Mr. Jain, describing it as an "irreparable loss" to the organization. In its official communication, Haryana Leather Chemicals Limited acknowledged that his association as Non-Executive Non-Independent Director had "immensely benefited the Company."

Condolences and Impact

All directors and employees of the company have conveyed deep sympathy, sorrow, and condolences to Mr. Jain's family during this difficult time. The disclosure emphasizes the significant contribution he made to the company during his tenure as a board member.

Regulatory Compliance

The announcement was signed by Yugank, Company Secretary & Compliance Officer (M.no. – A70463), ensuring proper regulatory compliance. The disclosure follows the requirements under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, demonstrating the company's commitment to transparent corporate governance practices.

Haryana Leather Chemicals Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The company reported a net profit of ₹57.46 lacs for the third quarter of FY26, compared to ₹61.19 lacs in the corresponding quarter of the previous year. The results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 11, 2026.

Quarterly Financial Performance

The company's revenue from operations for Q3 FY26 stood at ₹1178.41 lacs, down from ₹1259.96 lacs in Q3 FY25. Total income, including other income, reached ₹1221.58 lacs compared to ₹1310.56 lacs in the previous year's corresponding quarter.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Haryana Leather Chemicals demonstrated improved performance compared to the previous year. The company achieved a net profit of ₹208.78 lacs against ₹190.08 lacs in the corresponding nine-month period of FY25, representing a growth of 9.85%.

Cost Structure and Expenses

The company's total expenses for Q3 FY26 amounted to ₹1144.12 lacs compared to ₹1235.87 lacs in Q3 FY25. Cost of materials consumed was ₹756.59 lacs, down from ₹885.90 lacs in the previous year's quarter. Employee benefit expenses increased to ₹143.42 lacs from ₹126.17 lacs, while other expenses decreased to ₹193.23 lacs from ₹196.87 lacs.

Tax and Earnings Per Share

The company paid current tax of ₹19.00 lacs for Q3 FY26 compared to ₹12.00 lacs in Q3 FY25. Deferred tax stood at ₹1.00 lacs against ₹1.50 lacs in the previous year. Basic and diluted earnings per share for the quarter were ₹1.17 each, compared to ₹1.25 in Q3 FY25. The paid-up equity share capital remained unchanged at ₹490.84 lacs with a face value of ₹10 per share.

Regulatory Compliance and Business Segment

The financial results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors S.C. Dewan & Co. conducted a limited review of the quarterly accounts. The company operates exclusively in the leather finishing chemicals manufacturing segment, which represents its only business segment under IND AS 108 on Operating Segments.