LEAP India Q2 FY27 net profit jumps 62% to ₹18 Cr, revenue up 18%
LEAP India reported a 62% year-over-year increase in net profit for Q2 FY27, reaching ₹18 Cr, while revenue from operations grew 18.2% to ₹211.2 Cr. However, a sequential dip in net profit and rising expenses point to margin pressures.
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KEY HIGHLIGHTS
- LEAP India’s net profit for Q2 FY27 rose 62% year-over-year to ₹18 Cr.
- Revenue from operations grew 18.2% YoY to ₹211.2 Cr in Q2 FY27.
- Total expenses increased 14.7% YoY to ₹185.2 Cr during the same period.
- Net profit fell 28% sequentially from ₹24.7 Cr in Q1 FY27.
- The company incurred ₹6 Cr in additional tax expenses in Q2 FY27.
Profit surges 62% year-over-year but dips sequentially
LEAP India reported a net profit of ₹17.8 Cr for Q2 FY27, a 62% increase from ₹11 Cr in the same period last year, according to Inc42. The net profit, however, declined 28% sequentially from ₹24.7 Cr in Q1 FY27.
Revenue growth and rising costs
Revenue from operations grew 18.2% year-over-year to ₹211.2 Cr in Q2 FY27, up from ₹178.7 Cr in Q2 FY26. Quarter-on-quarter, revenue rose 3.8% from ₹203.4 Cr in Q1 FY27. Total income for the quarter, including other income, stood at ₹215.9 Cr.
Total expenses increased 14.7% year-over-year to ₹185.2 Cr, up from ₹161.5 Cr in Q2 FY26. The company also incurred ₹6 Cr in additional tax expenses during the quarter.
Business model and sectors served
LEAP India, founded in 2013 by Sunu Mathew, specializes in supply chain solutions such as equipment pooling, inventory management, transportation, and repair and maintenance. The company serves sectors including FMCG, beverages, ecommerce, automotive, and retail.
What this means
Lazyfounder analysis — our interpretation, not reported fact.
LEAP India’s results highlight the opportunities and pressures in India’s logistics and supply chain sector. The 62% year-over-year jump in net profit reflects strong demand for its services, particularly in FMCG, ecommerce, and retail—sectors where scalable and cost-efficient logistics solutions are critical. However, the 28% sequential drop in net profit, alongside rising expenses and additional tax outlays, signals margin pressures. For founders and operators, this mixed performance underscores the challenge of sustaining profitability amid growth, especially in a capital-intensive industry like logistics. It also serves as a reminder to monitor cost structures closely, even in high-growth markets.
Related on Lazyfounder
Sources
- Inc42 · 2026-10-26
LEAP India Q2: Profit Zooms 62% YoY To ₹18 Cr
This story is an original summary drafted with AI by Lazyfounder from the reporting listed above and checked by automated validation. Facts are attributed to their original publishers; sections marked as analysis are Lazyfounder's. Where a source is in another language, facts were machine-translated and quotations are reported, not reproduced. Read the original coverage via the links, and see our AI policy and corrections policy.
About the author
Editor, Lazyfounder
Tarun Mottlia edits LazyFounders, covering Indian startups, funding rounds, AI and product launches. Every story on the site is AI-assisted and checked against its cited sources before publication.
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