5448652026-04-012026-06-305448652026-04-012026-06-30in-capmkt:OtherExpenses1Member5448652026-04-012026-06-30in-capmkt:OtherExpenses2Member5448652026-04-012026-06-30in-capmkt:OtherExpenses3Member5448652026-04-012026-06-30in-capmkt:OtherExpenses4Member5448652026-04-012026-06-30in-capmkt:OtherExpenses5Member5448652026-04-012026-06-30in-capmkt:OtherExpenses6Member5448652026-04-012026-06-30in-capmkt:OtherExpenses7Member5448652026-04-012026-06-30in-capmkt:OtherExpenses8Member5448652026-04-012026-06-30in-capmkt:OtherExpenses9Member5448652026-04-012026-06-30in-capmkt:OtherExpenses10Member5448652026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544865LEAPINDNOTLISTEDINE00GO01025LEAP INDIA LIMITEDMain BoardEquity2026-04-012027-03-312026-08-31INRMillionsQuarterlyFirst quarterSingle segmentAsset Pooling and Supply chain solutions2026-08-3117:30:002026-08-3118:05:00Not applicablefalsefalseNot applicable2026-04-012026-06-30UnauditedStandalone16881300001247000001812830000098770000-5000000180190000220230000520560000471670000148642000032641000003264100000817100008171000002447000000000244700000-1060000243640000120730000120.730.60.59000.60.59Notes: <br /> <br /> 1. The standalone unaudited financial results ("financial results") of LEAP India Limited ('the Company') have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 - Interim Financial Reporting (‘Ind AS 34’), prescribed under section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulations 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (as amended). <br /> <br /> 2. These financial results of the Company have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 31 August 2026. <br /> <br /> 3. On 8 August 2025, Board approved the allotment of (i) 9,05,47,722 bonus equity shares of face value Rs.1 each in the ratio of 3:1 and (ii) 7,24,04,371 Bonus Series K Compulsorily Convertible Preference Shares (CCPS) of face value Rs.1 each in the ratio of 1:1, to eligible shareholders as on the record date, 7 August 2025, through capitalization of the Company's reserves, including the Securities Premium Account. The impact of the same has been adjusted retrospectively in the EPS in the financial results for the quarter ended 30 June 2025. <br /> <br /> 4. On 21 November 2025, the Government of India notified the four Labour Codes consolidating 29 existing labour laws. The Ministry of Labour and Employment has also issued draft Central Rules and FAQs to help assess the financial impact of these changes. Based on internal management assessment and the best information available, and in Iines with ICAI guidance, the incremental impact of these changes, not considered significant, has been recognised during the quarter ended 30 June 2026.. The Company continues to monitor the finalisation of Central and State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect subsequently on the basis of such developments as needed. <br /> <br /> 5. On 13 May 2026, the Company infused funds in the foreign subsidiary, LEAP GULF Company and acquired 250 equity shares at face value of Saudi Riyal (SAR) 100 each in LEAP GULF Company. <br /> <br /> 6. Pursuant to the resolutions approved by the Board of Directors through circular resolutions dated 15 July 2026 and 16 July 2026, the Company has obtained the requisite approvals for the issuance and allotment of up to 289,617,484 equity shares of face value Rs.1 each upon the conversion of all Compulsorily Convertible Preference Shares (CCPS) of the Company outstanding and held as on the record date, being 15 July 2026. <br /> <br /> Accordingly, on 15 July 2026, 27,269,940 Series A to Series I CCPS were converted into 72,404,371 equity shares of face value Rs.1 each and on 16 July 2026, 72,404,371 Series K CCPS were converted into equity shares 2,17,213,113 of face value Rs.1 each , in accordance with their respective terms of issue and conversion. <br /> <br /> 7. Subsequent to the quarter ended 30 June 2026, the Company had completed its Initial Public Offer (IPO) of 155,974,840 equity shares of face value of Rs. 1 each at an issue price of Rs. 159 per share (including a share premium of Rs. 158 per share). The issue consisted of a fresh issue of 30,188,678 equity shares aggregating to Rs.4,800 million and an offer for sale of 125,786,162 equity shares by selling shareholders aggregating to Rs.20,000 million. The Company's equity shares were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 14 August 2026. <br /> Accordingly, these financial results for the quarter ended 30 June 2026 have been drawn up for the first time in accordance with the SEBI listing regulations. <br /> Further, the Company will provide an update of the utilisation of the IPO proceeds towards the objects of the offer effective next reporting period based on the actual utilisation of the funds. <br /> <br /> 8. Subsequent to quarter ended 30 June 2026, as part of its strategic growth initiatives and international expansion strategy, the Company incorporated LEAP MENA Holdings Limited, a wholly owned subsidiary, in the United Arab Emirates on 01 July 2026, to facilitate its proposed expansion into the Middle East region. <br /> Subsequently, LEAP MENA Holdings Limited incorporated its wholly owned subsidiary, LEAP Pallet Pooling Trading L.L.C, in Dubai, United Arab Emirates, on 21 August 2026. <br /> <br /> 9. The Chief Operating Decision Maker (CODM) monitors the operating results of the Company as a whole for the purpose of making decisions about resource allocation and performance assessment. The Company is engaged in the business of providing pooling of assets services. Thus, in the context of Ind AS 108 on Segment Reporting, it is considered to constitute a single primary segment, and there are no separate geographical segments. <br /> <br /> 10. The financial results for the quarter ended 30 June 2025 have not been subject to limited review or audit. However, the management has exercised necessary diligence to ensure that the financial results for these quarters provide a true and fair view of the Company's affairs. <br /> <br /> 11. The above financial results of the company for the quarter ended 30 June 2026 are available on the company website (www.leapindia.net) and also on the Company website of BSE Limited ("BSE") (www.bseindia.com) and National Stock Exchange of India Limited ("NSE") (www.nseindia.com) where the shares of the Company's are listed. <br /> <br /> 12. The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of full financial year and the figures up to the end of the third quarter of the relevant financial year which have been approved by the Company's Board of Directors. <br /> <br /> 13. Figures for the previous period/ year have been regrouped/ reclassified wherever necessary to conform to the current period's classification. The impact of such regrouping/ reclassification is not material to the financial results.Contract labour63870000Repairs and maintenance65380000Rent (Refer notes 37 and 40)9210000Software28500000Marketing11380000Conveyance and travelling15420000Packing, freight and transport (net of recoveries)200290000Legal and professional fees21990000Provision for expected credit loss46470000Others9160000(Loss) / gain on re-measurement of defined benefit plans-1420000-1420000-3600000-1060000