LEAP India Q2 FY27 Results: Key Dates and Q1 Signals

Board meeting set for October 26

LEAP India Limited is scheduled to hold a board meeting on October 26, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The meeting concerns the company’s Q2 FY27 and H1 FY27 performance. The board-meeting intimation was sent to BSE and NSE on October 19. The company said the trading window for insiders would remain closed until 48 hours after the results are declared. This makes the board decision the immediate event for shareholders and market participants tracking the business support services company.

The available information also refers to board approval of the September-quarter results and a share-capital reclassification and promoter special rights matter. However, the financial figures for Q2 FY27 were not included in the supplied data. Investors will therefore await the formal exchange filing for the reported quarterly and half-year numbers, along with any accompanying presentation or management commentary.

Q2 and half-year results are under consideration

The proposed agenda covers unaudited financial results for both the standalone and consolidated businesses. Results for the September quarter will show how LEAP India performed after the June 2026 quarter, which was its latest reported period in the provided information. The half-year disclosure will combine the June and September quarters of FY27. It will also provide a basis for comparing the company’s first-half performance with the corresponding period a year earlier, once the formal results are released.

LEAP India had previously scheduled a board meeting for August 31, 2026, to approve June-quarter results. The company subsequently approved the unaudited standalone and consolidated June-quarter financial results and noted the statutory auditor’s limited review reports. The October meeting follows that reporting cycle and is focused on the next quarter and the first half of the financial year.

Q1 FY27 revenue rose 19% year on year

For Q1 FY27, ended June 2026, LEAP India reported revenue of ₹203 crore. This represented year-on-year growth of 19.0% from ₹171 crore in June 2025. Revenue was marginally lower than the ₹204 crore reported in the March 2026 quarter, a sequential decline of 0.3% according to the supplied data. The company’s operating margin for the June quarter was 51.2%.

The June-quarter revenue trend is relevant because the September-quarter announcement will indicate whether LEAP India maintained growth against the prior-year base and whether quarterly sales recovered from the modest sequential movement. Revenue in the supplied quarterly results is presented separately from total income, so the two measures should not be treated as identical.

June-quarter profit increased from a year earlier

LEAP India’s Q1 FY27 net profit was ₹24.7 crore, up 30.2% year on year. On a sequential basis, profit after tax was lower than ₹26.21 crore recorded in the March 2026 quarter. The June-quarter profit figure in the detailed table was ₹24.73 crore, while the summary rounded it to ₹24.7 crore. Basic earnings per share stood at ₹0.60 for the June quarter, compared with ₹0.64 in the March quarter.

The year-on-year profit increase outpaced reported revenue growth in the June quarter. But the supplied information does not provide the comparable June 2025 profit amount, detailed cost drivers, or a management explanation for the movement. Those details may become clearer through the Q2 results disclosure and the scheduled earnings call.

Income, expenses and margins in Q1 FY27

The consolidated quarterly table showed total income of ₹213.44 crore for June 2026, compared with ₹212.78 crore in March 2026. Total expenses were ₹155.78 crore, up from ₹153.97 crore in the preceding quarter. EBIT was ₹57.66 crore, compared with ₹58.82 crore in March. EBIT margin was 27.01%, down from 27.64% in the March quarter.

Net profit margin was 11.59% in June 2026, against 12.32% in March 2026. The table reported 0.31% growth in total income and 1.18% growth in total expenses on a sequential basis. It also reported a 1.97% decline in EBIT and a 5.63% decline in profit after tax from the March quarter. These figures provide the immediate financial base against which the September-quarter performance will be assessed.

Key reported Q1 FY27 figures

Conference call scheduled for October 27

LEAP India has scheduled an analyst and investor conference call for October 27, 2026, at 12:00 PM IST. The call is intended to discuss Q2 and H1 FY27 results after the board considers the financial statements. The company invited market participants to join through pre-registration and dial-in arrangements. Shareholders and analysts can use the call to hear management’s discussion of quarterly performance and outlook.

The supplied information does not include management guidance or a confirmed agenda beyond the discussion of Q2 and H1 FY27 financial results. Any comments on demand, margins, costs, operations or future plans will need to be assessed after the call and related disclosures are available.

Annual forecasts point to higher financial estimates

The annual-results data included external forecast figures for the financial years ending March 2027, March 2028 and March 2029. Forecast net sales are ₹889.3 crore for FY27, ₹1,079.5 crore for FY28 and ₹1,284.6 crore for FY29. Forecast net income is ₹95.3 crore, ₹137.9 crore and ₹181.9 crore, respectively. These are forecast figures, not company-reported results or management guidance.

The same data shows estimated EBITDA of ₹449.3 crore for FY27 and estimated EBIT of ₹204.1 crore. Estimated earnings per share were ₹2.16 for FY27, ₹3.12 for FY28 and ₹4.12 for FY29. LEAP India reported FY26 net income of ₹62.3 crore and EPS of ₹1.50 in the supplied annual table. The Q2 FY27 statement will add reported data to the financial year after the June-quarter release.

What investors can monitor in the release

The Q2 statement will be relevant for reported revenue growth, profitability and margins following the Q1 figures. It will also show whether total income, expenses and EBIT changed from the June quarter. Since Q1 sales were ₹203 crore and profit after tax was ₹24.73 crore, these indicators form the nearest disclosed comparison point. The half-year figures will provide a broader view than a single quarter, although the supplied data does not provide prior half-year values.

The formal results, auditor review references and any investor presentation will be important primary documents. The October 27 conference call is the next scheduled forum for management discussion after the board meeting. Until those disclosures are released, the available financial record is limited to the previously reported June-quarter data and the company’s meeting notices.