LEAP India Q1FY27 Revenue Up 19% to ₹2,134 Mn, PAT Grows 30%
LEAP India reported Q1FY27 results with Total Income up 19% YoY to ₹2,134 Mn. PAT grew 30% YoY to ₹247 Mn, and EBITDA rose 21% YoY to ₹1,141 Mn. The company's asset base increased by 9% to 14.9 million units. Following its ₹24,800 Mn IPO on August 14th, LEAP India is focusing on expansion into the GCC region and new industries.
The announcement includes solid financial performance metrics for the quarter, a successful IPO, and clear strategic growth initiatives, including international expansion, which are material to investors.
The company reported strong year-on-year growth in revenue, EBITDA, and PAT, exceeding revenue growth with profit growth. The successful IPO and strategic expansion plans further contribute to a positive outlook.
LEAP India Limited announced its Unaudited Financial Results for the quarter ended June 30, 2026.
The company reported a Total Income of ₹2,134 Million (Mn), representing a 19% year-on-year (YoY) increase. EBITDA grew by 21% YoY to ₹1,141 Mn, with a margin of 53.5%. Profit After Tax (PAT) saw a significant jump of 30% YoY, reaching ₹247 Mn, while Cash PAT increased by 23% YoY to ₹812 Mn.
The company's asset base grew by 9% to 14.9 million units, while income grew at a faster rate of 19%, indicating improved asset utilization. LEAP India now serves over 1,000 customers across 10,500 touchpoints nationally, with a customer churn rate below 1%.
LEAP India also highlighted its successful public listing on August 14th, 2026, with a ₹24,800 Mn IPO. The company is focused on expanding its reach through movement hire, cross-selling of pallets, containers, and material-handling equipment (MHE), entering new industries, and expanding into the Gulf Cooperation Council (GCC) region.
Management commentary emphasized the strong first-quarter performance as a listed company, noting that earnings are growing ahead of revenue due to operating leverage. The company plans to leverage its strengthened balance sheet, with ₹3,600 Mn of the IPO proceeds used for debt repayment and ₹1,200 Mn for general corporate purposes, to fund future expansion.
A plain-language summary of a public exchange filing by LEAP India Limited. Read the original for the full detail.