LEAP India records 62% profit growth in second quarter

Logistics firm LEAP India announced a net profit of ₹17.8 Cr for the second quarter of fiscal year 2027, up from ₹11 Cr in the same quarter of the previous year. Revenue from operations reached ₹211.2 Cr, marking an 18.2% increase from the ₹178.7 Cr recorded in the year-ago period.

Despite the year-over-year gains, the company observed a 28% decline in profit compared to the previous quarter, where it reported ₹24.7 Cr. Operational revenue remained relatively stable on a sequential basis, showing a modest growth of 3.8% from the ₹203.4 Cr reported in Q1.

The company's expenses rose to ₹185.2 Cr, a 14.7% increase compared to the ₹161.5 Cr spent in the corresponding period last year. Factoring in ₹4.7 Cr in additional income and ₹6 Cr in tax expenses, the firm concluded the quarter with a total income of ₹215.9 Cr.

Founded in 2013, the Mumbai-based company specializes in supply chain infrastructure, including equipment pooling and inventory management for the FMCG, automotive, and retail sectors.