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.

Haryana Leather Chemicals Limited (HLCL) has made significant announcements regarding its board composition and dividend payout for the financial year 2024-2025. The company's board of directors has approved key appointments and a dividend, subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Board Appointments

The board has approved the following appointments:

Re-appointment of Whole Time Director

• Mrs. Sippy Jain re-appointed for a five-year term, effective July 30, 2025
• Holds a Master's degree in Literature and a Diploma in Textile Engineering
• With the company since 2007 as Manager-Graphic Design
• Spouse of the Managing Director

Continuation of Non-Executive Director

• Mr. Vijay Kumar Garg to continue as Non-Executive Director after turning 75
• Associated with the company since July 22, 2003
• Brings valuable experience in chemicals and business expansion

Both appointments are subject to shareholder approval at the upcoming AGM.

Dividend Declaration

HLCL has declared a final dividend for the financial year 2024-2025. The key details are as follows:

The dividend is subject to shareholder approval at the 40th Annual General Meeting scheduled for September 13, 2025.

These developments reflect Haryana Leather Chemicals Limited's commitment to corporate governance and shareholder value. The re-appointment of key personnel and the dividend declaration, subject to shareholder approval, indicate the company's focus on continuity in leadership and rewarding its shareholders.