LEEL Electricals Limited has scheduled a meeting of its Board of Directors for Thursday, September 10, 2026. The session will be held at the company’s facility in Pant Nagar, Uttarakhand.

The primary agenda item is to discuss and approve a proposal for seeking an extension of time for convening the Annual General Meeting (AGM) for the fiscal year 2025-26. This action is taken in accordance with applicable legal provisions.

Meeting Details

The board meeting is set to commence at 11:00 am. It will take place at Plot No. 5, 6-7, Sector-4, IIE SIDCUL, Pant Nagar, Rudarpur, Udham Singh Nagar, Kichha, Uttarakhand-263153.

The company issued this prior intimation pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Neeraj Gupta, Managing Director, on September 7, 2026.

LEEL Electricals Limited (formerly Lloyd Electric & Engineering Limited) reported a contraction in both top-line and bottom-line figures for the quarter ended June 30, 2026, reflecting a slowdown in operational performance compared to the prior year.

The company’s standalone total income from operations (net) stood at ₹12.71 lakh for Q1FY26, down from ₹16.96 lakh recorded in the same quarter of FY25. This represents a year-on-year decline of approximately 25% in revenue generation.

Financial Performance Overview

Net profit before tax, exceptional, and extraordinary items decreased to ₹9.66 lakh in the current quarter, compared to ₹12.95 lakh in Q1FY25. After accounting for taxes and exceptional items, the net profit for the period settled at ₹9.60 lakh, a reduction from the ₹12.83 lakh posted in the corresponding period last year.

Earnings per share (basic and diluted) declined to ₹0.89 per equity share of face value ₹1 each, down from ₹1.19 in the previous year’s quarter.

What the Numbers Show

The divergence between the pre-tax profit before exceptional items (₹9.66 lakh) and the final net profit after tax (₹9.60 lakh) indicates that tax expenses and exceptional items had a minimal impact on the bottom line this quarter. The primary driver of the profit decline was the direct contraction in operational income, as margins remained relatively stable relative to the reduced revenue base.

Corporate Governance and Approval

The standalone financial results were prepared in accordance with Indian Accounting Standards (IND AS) notified under the Companies (Indian Accounting Standards) Rules, 2015. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 14, 2026.

The company’s equity share capital remained unchanged at ₹108.03 lakh. The full format of the financial results is available on the company’s website and the stock exchange portals as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.