LEAP India Limited has announced robust financial results for the second quarter and first half of FY27. In Q2 FY27, Profit After Tax (PAT) surged by 62% year-on-year to ₹178 million, significantly outpacing a 23% rise in income. For the first half (H1 FY27), PAT grew 42% on 21% income growth. The company also highlighted strategic acquisitions of Vimprotech and TIPS, strengthening its end-to-end packaging solutions platform and market leadership.
LEAP India Reports Strong Profit Growth in Q2 and H1 FY27
LEAP India Limited has announced impressive financial results for the second quarter (Q2 FY27) and the first half (H1 FY27) of the financial year. The company has demonstrated strong profit growth, with PAT significantly outperforming revenue increases, driven by operational leverage and disciplined cost management. The strategic acquisitions of Vimprotech and TIPS are noted as key factors in strengthening LEAP’s market position and expanding its capabilities.
Q2 FY27 Financial Highlights
For the quarter ended September 30, 2026, LEAP India reported a total income of ₹2,159 million, an increase of 23% year-on-year. EBITDA grew by 25% to ₹1,097 million, with margins expanding to 50.8%. Profit After Tax (PAT) saw a substantial jump of 62% to ₹178 million, with PAT margin widening by 200 basis points to 8.2%.
H1 FY27 Financial Performance
In the first half of FY27, the company’s total income rose by 21% year-on-year to ₹4,294 million. EBITDA increased by 23% to ₹2,239 million, with margins at 52.1%. PAT for H1 FY27 grew by 42% to ₹425 million, with PAT margin expanding by 149 basis points to 9.9%. The company also reported a significant reduction in net debt, which nearly halved to ₹4,337 million from ₹8,010 million a year ago.
Strategic Acquisitions and Market Leadership
LEAP India has strengthened its platform through the strategic acquisitions of Vimprotech and TIPS for ₹1,420 million. These acquisitions are expected to enhance backward integration, deepen supply chain control, and expand the customer base. The company continues to hold approximately 90% market share in India’s pallet-pooling segment, which is at a nascent stage of development and projected for significant growth.
Credit Rating Improvement
India Ratings & Research has upgraded LEAP India’s long-term bank loan rating to IND A+ / Stable and its short-term rating to IND A1+, reflecting the company’s strengthened balance sheet and improved financial flexibility.
Source: BSE
