LEAP India Q2 PAT Surges 62% on 23% Income Growth
LEAP India Limited announced its unaudited financial results for Q2 and H1 FY27. For Q2FY27, total income rose 23% year-on-year to Rs. 2,159 Mn, with Profit After Tax (PAT) surging 62% to Rs. 178 Mn. For H1FY27, total income grew 21% to Rs. 4,294 Mn, and PAT increased 42% to Rs. 425 Mn. The company attributed the profit growth outpacing revenue to operating leverage, cost discipline, and reduced finance costs. Net debt significantly decreased to Rs. 4,337 Mn. LEAP India also completed strategic acquisitions of Vimprotech and TIPS for Rs. 1,420 Mn, aiming to build an end-to-end packaging solutions platform. India Ratings & Research upgraded the company's long-term bank loan rating to IND A+ / Stable.
Key Highlights
- Q2FY27 PAT surged 62% YoY to Rs. 178 Mn on 23% income growth.
- H1FY27 PAT up 42% YoY to Rs. 425 Mn on 21% income growth.
- Acquired Vimprotech and TIPS for Rs. 1,420 Mn to expand packaging solutions.
- Net debt reduced to Rs. 4,337 Mn; Debt-to-equity improved to 0.48x.
- India Ratings upgraded credit rating to IND A+ / Stable.
Price Impact
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