Sreeleathers Q3FY26 Profit Jumps 21% to Rs.753.13 Lakh, Declares Re.1/- Dividend

2 min read     Updated on 31 Jan 2026, 09:01 PM
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Reviewed by
Riya DScanX News Team
Overview

Sreeleathers Limited delivered robust Q3FY26 performance with net profit surging 21% to Rs.753.13 lakh and revenue from operations growing 10% to Rs.6,090.04 lakh. The nine months performance also showed consistent growth with net profit increasing 10.39% to Rs.1,907.15 lakh. Following strong results, the board declared Re.1/- interim dividend per share with record date February 13, 2026 and payment date February 25, 2026.

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*this image is generated using AI for illustrative purposes only.

Sreeleathers Limited has delivered robust financial performance for Q3FY26, reporting significant growth in profitability alongside the declaration of an interim dividend for shareholders. The company's board meeting held on February 6, 2026, approved the unaudited standalone financial results for the quarter and nine months ended December 31, 2025.

Strong Q3FY26 Financial Performance

The company demonstrated impressive growth across key financial metrics during the third quarter:

Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: Rs.6,090.04 lakh Rs.5,541.89 lakh +9.89%
Total Income: Rs.6,345.36 lakh Rs.5,555.17 lakh +14.22%
Profit Before Tax: Rs.989.38 lakh Rs.839.66 lakh +17.84%
Net Profit: Rs.753.13 lakh Rs.622.53 lakh +20.98%
Basic EPS: Rs.3.25 Rs.2.69 +20.82%

Other income witnessed substantial growth to Rs.255.32 lakh compared to Rs.13.28 lakh in the corresponding quarter of the previous year, contributing significantly to the overall income increase.

Nine Months Performance Overview

The company's cumulative performance for the nine months ended December 31, 2025, showed consistent growth momentum:

Parameter: 9M FY26 9M FY25 Change (%)
Revenue from Operations: Rs.18,571.13 lakh Rs.16,677.43 lakh +11.35%
Net Profit: Rs.1,907.15 lakh Rs.1,727.65 lakh +10.39%
Total Comprehensive Income: Rs.3,300.23 lakh Rs.3,183.36 lakh +3.67%
Basic EPS: Rs.8.24 Rs.7.46 +10.46%

Interim Dividend Declaration

The Board of Directors approved an interim dividend distribution following the strong quarterly performance:

Dividend Details: Specifications
Dividend Amount: Re.1/- per share
Face Value: Rs.10/- per share
Dividend Rate: 10% of paid-up equity share capital
Record Date: February 13, 2026
Payment Date: February 25, 2026
Financial Year: 2025-26

The interim dividend will be subject to tax deduction at source as per Income Tax Act provisions, with payment scheduled for Wednesday, February 25, 2026.

Operational Highlights and Exceptional Items

The company's operational efficiency improved with total expenses of Rs.5,349.57 lakh in Q3FY26 compared to Rs.4,715.51 lakh in Q3FY25. The company reported an exceptional item of Rs.6.41 lakh during the quarter, attributed to one-time increase in gratuity liability following the Government of India's notification of Labour Codes on November 21, 2025, which consolidated 29 existing labour laws.

Regulatory Compliance and Market Communication

Sreeleathers Limited maintained full regulatory compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and The National Stock Exchange of India Limited about the financial results and dividend declaration. The unaudited financial results were subjected to limited review by the company's statutory auditor K. Rungta & Co, Chartered Accountants, ensuring transparency and accuracy in financial reporting.

Historical Stock Returns for Sreeleathers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.33%-4.31%-5.29%-14.37%-14.00%+38.76%

Sreeleathers Reports Q1 Revenue Growth Amid Profit Decline

1 min read     Updated on 14 Aug 2025, 11:57 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Sreeleathers Ltd. reported Q1 financial results with revenue growth of 2.26% YoY to ₹498.00 crore. However, net profit declined by 37.00% to ₹29.00 crore, and EBITDA fell by 40.30% to ₹40.00 crore. EBITDA margin compressed to 7.97% from 13.72%. The company's 34th Annual General Meeting is scheduled for September 22, to be held virtually.

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*this image is generated using AI for illustrative purposes only.

Sreeleathers Ltd. , a prominent footwear company, has released its financial results for the first quarter, revealing a mixed performance with revenue growth but a decline in profitability.

Revenue Growth

The company reported a revenue of ₹498.00 crore for Q1, marking a modest increase from ₹487.00 crore in the same period last year. This 2.26% year-over-year growth indicates a slight improvement in the company's top-line performance.

Profit Decline

Despite the revenue growth, Sreeleathers experienced a significant drop in profitability:

  • Net profit fell to ₹29.00 crore from ₹46.00 crore year-over-year, representing a 37.00% decline.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to ₹40.00 crore from ₹67.00 crore in the previous year, a 40.30% reduction.
  • EBITDA margin compressed to 7.97% from 13.72% year-over-year, indicating pressure on the company's operational efficiency.

Financial Performance Overview

Metric Q1 Current Q1 Previous YoY Change
Revenue ₹498.00 crore ₹487.00 crore +2.26%
Net Profit ₹29.00 crore ₹46.00 crore -37.00%
EBITDA ₹40.00 crore ₹67.00 crore -40.30%
EBITDA Margin 7.97% 13.72% -5.75 pp

The company's performance reflects a challenging operating environment, with rising costs potentially impacting profitability despite the growth in revenue.

Corporate Governance

As per the LODR data, Sreeleathers Ltd. has scheduled its 34th Annual General Meeting for September 22, to be held virtually. The company has also appointed Pawan Vani & Associates, Chartered Accountants, as the scrutinizer for the e-voting process, ensuring transparency in shareholder participation.

The board of directors reviewed and approved the unaudited standalone financial results for the quarter ended June 30, in their meeting held on August 14. These results have been subjected to a limited review by the company's statutory auditor.

Investors and stakeholders will be keenly watching Sreeleathers' performance in the coming quarters to see if the company can improve its profitability while maintaining revenue growth in the competitive footwear market.

Historical Stock Returns for Sreeleathers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.33%-4.31%-5.29%-14.37%-14.00%+38.76%
1 Year Returns:-14.00%