Euro Leder Fashion Ltd (526468)

Euro Leder Fashion reported standalone net sales of ₹795.08 lakh (₹7.95 crore) for the quarter ended September 30, 2026, down 8.0% YoY from ₹864.06 lakh. Net profit after tax rose 31.8% YoY to ₹4.39 lakh compared to ₹3.33 lakh in Q2 FY26 (ended Sep 2025), supported by higher other income of ₹95.25 lakh. For H1 ended September 30, 2026, revenue stood at ₹1,485.81 lakh with net profit of ₹5.66 lakh versus ₹8.55 lakh in H1 FY26. Basic and diluted EPS for the quarter stood at ₹0.11.

• Revenue from operations down 8.0% YoY to ₹795.08 lakh in Q2 ended Sep 30, 2026 vs ₹864.06 lakh
• Net profit after tax increased 31.8% YoY to ₹4.39 lakh vs ₹3.33 lakh
• Other income stood at ₹95.25 lakh, contributing significantly to pre-tax profit of ₹7.09 lakh
• H1 revenue reached ₹1,485.81 lakh with net profit declining to ₹5.66 lakh vs ₹8.55 lakh in H1 FY26
• Basic and diluted EPS reported at ₹0.11 for Q2 and ₹0.14 for H1

Euro Leder Fashion Ltd has scheduled its Board of Directors meeting for Wednesday, November 11, 2026, at 4:00 PM IST. The board will inter alia consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2026. In the prior quarter (Q1 FY27 ended June 2026), the company generated revenue of Rs 6.91 crore and a net profit of Rs 0.0125 crore. As a micro-cap with a market cap of approximately Rs 9 crore, the operational results will offer visibility on operating margins and profitability.

• Board meeting date: November 11, 2026 at 4:00 PM IST
• Agenda: Approval of unaudited financial results for Q2 and H1 ended September 30, 2026
• Meeting venue: Registered office of the company in Chennai

Euro Leder Fashion Ltd has announced that its 34th Annual General Meeting (AGM) will be held virtually on September 24, 2026. The company has fixed September 17, 2026, as the cut-off date to determine shareholder voting entitlement. The register of members and share transfer books will remain closed from September 18 to September 24, 2026. Remote e-voting is scheduled to run from September 21 to September 23, 2026.

• 34th Annual General Meeting scheduled for September 24, 2026, at 11:00 AM via VC/OAVM
• Cut-off date for e-voting entitlement fixed as September 17, 2026
• Book closure period set from September 18, 2026, to September 24, 2026
• Remote e-voting window runs from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)

Euro Leder Fashion Ltd has issued notice for its 34th Annual General Meeting (AGM) scheduled for September 24, 2026, via Video Conferencing. Key agenda items include the formal appointment of Mr. RM Lakshmanan as Managing Director for a 5-year term from June 27, 2026 to June 26, 2031, and the re-appointment of Mr. Ravindran Varadarajan as an Independent Director for 5 years. The company's Register of Members and Share Transfer Books will remain closed from September 18, 2026 to September 24, 2026 for the purpose of the AGM.

• 34th AGM scheduled to be held virtually on September 24, 2026 at 11:00 AM IST
• Proposed appointment of Mr. RM Lakshmanan as MD for 5 years effective June 27, 2026 to June 26, 2031
• Proposed re-appointment of Independent Director Mr. Ravindran Varadarajan for a 5-year term from November 9, 2026
• Book closure period fixed from September 18, 2026 to September 24, 2026 (both days inclusive)

Euro Leder Fashion Ltd has confirmed that there were no deviations or variations in the use of proceeds from its Initial Public Offer (IPO) for the quarter ended June 30, 2026. The company stated that the funds were utilized strictly for the purposes mentioned in the prospectus. This filing is a mandatory regulatory requirement under SEBI (LODR) Regulation 32. With a small market capitalization of Rs 11 Cr and a TTM revenue of Rs 27 Cr, such filings are routine administrative procedures to ensure transparency.

• Reporting period: Quarter ended June 30, 2026
• Deviation or variation in fund usage: Nil
• Compliance with SEBI (LODR) Regulation 32 confirmed
• Proceeds utilized as per the original IPO prospectus

Mrs. Ashitha K has resigned from her position as an Independent Director of Euro Leder Fashion Ltd effective August 7, 2026, citing personal commitments. Consequently, she has also stepped down from her roles in the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The company, a micro-cap with a market capitalization of Rs 11 Cr, reported a TTM revenue of Rs 27 Cr and near-zero profitability (TTM PAT Rs 0.02 Cr). The director has confirmed there are no other material reasons for her departure.

• Resignation of Independent Director effective from August 7, 2026
• Vacated positions in 3 key board committees: Audit, NRC, and Stakeholders Relationship
• Company maintains a small market capitalization of Rs 11 Cr
• TTM Revenue stands at Rs 27.34 Cr with a marginal net profit of Rs 0.02 Cr in FY26

Euro Leder Fashion Ltd has scheduled a board meeting for August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap entity with a market capitalization of only Rs 8 Cr and has been struggling with profitability, reporting a net loss of Rs 0.12 Cr in the most recent March 2026 quarter. With a TTM operating margin of -0.2% and debt of Rs 12 Cr, the upcoming results are critical for assessing the company's ability to service its obligations.

• Board meeting scheduled for August 12, 2026, at 4:00 p.m. in Chennai
• Review of unaudited financial results for the quarter ended June 30, 2026
• Company reported a marginal TTM PAT of Rs 0.02 Cr on revenue of Rs 27.34 Cr in FY26
• Debt-to-equity ratio stands at 0.80 with total debt of Rs 12 Cr
• Promoter holding has remained stagnant at 40.97% as of June 2026