Sreeleathers Q1 FY27 Profit Surges 138% to ₹6.99 Cr on 20% Revenue Growth

Sreeleathers Ltd reported a strong Q1 FY 2026-27, with revenue from operations increasing by 19.7% to ₹59.63 Cr from ₹49.80 Cr in Q1 FY26. Profit before tax saw a significant jump of 131.7% to ₹9.28 Cr, and profit after tax grew by 138.2% to ₹6.99 Cr. Earnings per share rose by 138.2% to ₹3.02. The company highlighted a recovery in gross margin to 25.5% and operating EBITDA more than doubling. Over a four-year period (TTM to June 2026 vs. June 2022), revenue grew by 67.1% and profit after tax by 56.0%. The balance sheet remains debt-free, and the company has integrated a Microsoft ERP platform for cost optimization. Accessories are increasingly contributing to sales, now at 33.8% of revenue, and the online channel shows robust growth with a 103.3% cumulative CAGR over four years.