LEEL Electricals Reports Strong Q3 FY26 Performance with Revenue of ₹572.65 Lakh
LEEL Electricals Limited announced impressive Q3 FY26 financial results with revenue from operations of ₹572.65 lakh and net profit of ₹68.85 lakh, demonstrating remarkable operational recovery under new ownership. The Board approved these results on February 9, 2026, pursuant to SEBI regulations, showing substantial improvement from previous year's losses and consistent growth momentum in nine-month performance.
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LEEL Electricals Limited has announced strong financial results for the third quarter of FY26, demonstrating a remarkable operational turnaround under new ownership. The company reported revenue from operations of ₹572.65 lakh and achieved a net profit of ₹68.85 lakh for the quarter ended December 31, 2025.
Board Meeting and Regulatory Compliance
The Board of Directors approved these quarterly results in their meeting held on February 9, 2026, which commenced at 02:00 PM and concluded at 03:11 PM. The results were announced pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Exchange Details | BSE | NSE |
|---|---|---|
| Scrip/Symbol | 517518 | LEEL |
| ISIN | INE245C01019 | INE245C01019 |
Financial Performance Highlights
The company's Q3 FY26 results show substantial improvement across key metrics compared to the previous year when operations were minimal. Total income for the quarter reached ₹590.54 lakh, including other income of ₹17.89 lakh.
| Metric | Q3 FY26 | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue from Operations | ₹572.65 lakh | ₹475.48 lakh | - |
| Total Income | ₹590.54 lakh | ₹475.68 lakh | ₹0.96 lakh |
| Net Profit | ₹68.85 lakh | ₹42.75 lakh | ₹(6.79) lakh |
| Earnings Per Share (Basic) | ₹0.64 | - | - |
Nine-Month Performance
For the nine months ended December 31, 2025, LEEL Electricals demonstrated consistent growth momentum. The company achieved total revenue from operations of ₹1,196.25 lakh and recorded a net profit of ₹108.74 lakh for the period.
| Parameter | Nine Months FY26 | Nine Months FY25 |
|---|---|---|
| Revenue from Operations | ₹1,196.25 lakh | - |
| Total Income | ₹1,214.34 lakh | ₹1.54 lakh |
| Net Profit | ₹108.74 lakh | ₹(16.45) lakh |
| Earnings Per Share (Basic) | ₹1.01 | - |
Operational Structure and Expenses
The company's expense management showed effective cost control during Q3 FY26. Total expenses amounted to ₹521.69 lakh, with purchase of stock-in-trade being the major component at ₹407.50 lakh. Employee benefits expense stood at ₹67.01 lakh, while finance costs were ₹25.10 lakh for the quarter.
The company benefited from positive inventory changes of ₹56.49 lakh during the quarter, indicating improved working capital management. Depreciation and amortization expense was ₹40.75 lakh, reflecting the company's asset base utilization.
Corporate Developments
The financial results come following significant corporate restructuring. The company was acquired by Krishna Ventures Limited through NCLT proceedings, with the liquidator issuing a sale certificate dated June 12, 2024. The new management has initiated the complete takeover process, including operational and administrative control.
The company's paid-up equity share capital stands at ₹1,080.30 lakh with a face value of ₹10 per share. The company operates in a single business segment, focusing on electrical equipment and engineering solutions, with its registered office located in Noida, Uttar Pradesh.
Auditor's Review
Vivek Mittal & Associates, Chartered Accountants, provided a limited review report on the unaudited standalone financial results. The auditors confirmed that the financial statements comply with applicable accounting standards and regulatory requirements, while noting the ongoing transition process under new ownership structure.
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