Lehar Footwears Limited reported a 4 per cent rise in net profit to Rs. 2.4 crore for the April-June quarter, compared to Rs. 2.3 crore in the same period last year.
The company’s revenue for the quarter dipped by 2 per cent to Rs. 63 crore, down from Rs. 65 crore in the corresponding quarter of the previous fiscal year.
Raj Kumar Agarwal, Chairman and Managing Director of Lehar Footwears Ltd, commented on the results, stating, “Lehar Footwears started FY ’25 on a strong note, achieving solid performance in the first quarter, primarily driven by the rapid growth of our export business.”
He added, “Short-term challenges in the government and domestic markets, influenced by an unstable consumption environment and upcoming elections, impacted overall growth. However, we expect demand to rise in the domestic market post-monsoon, which, along with our expanding export business, will fuel future growth.”
Established in 1995, Lehar Footwears is a mass-footwear manufacturer with an annual production capacity of 2 crore pairs. The company exports its products to various Asian, African, and Middle Eastern countries.
