Leo Dryfruits & Spices FY26 Results: Revenue Near ₹175 Crore, Profit Rises

Revenue from operations ₹174.24 crore | Net Profit ₹10.54 crore

Reader Takeaway: Strong revenue and profit growth, with a clean audit, offset by a minor reporting error correction.

What just happened

Leo Dryfruits & Spices Trading Limited announced its audited financial results for the year ended March 31, 2026. The company reported revenue from operations of ₹174.24 crore, a substantial increase of 99.56% from ₹87.31 crore in the previous fiscal year. Net profit grew by 29.17% to ₹10.54 crore, up from ₹8.16 crore in the prior year. The company also received an unqualified audit opinion, indicating no significant issues with its financial statements.

Why this matters

This performance signifies robust growth for Leo Dryfruits & Spices. The near doubling of revenue suggests successful expansion of business operations and market reach. The consistent profit growth, outpacing revenue growth proportionally in some aspects, indicates improving operational efficiency and profitability. An unqualified audit opinion provides investors with confidence in the accuracy and reliability of the reported financial figures.

The backstory

In the previous financial year (ended March 31, 2025), Leo Dryfruits & Spices had reported revenue of ₹87.31 crore and a net profit of ₹8.16 crore. The latest results show a significant acceleration in growth compared to that period.

What changes now

The company has issued a corrigendum to correct a clerical error in a previous filing dated May 30, 2026. The error involved mislabeling figures for the half-year ended March 31, 2025, as full-year figures for the same period. Management clarified that this was a typographical mistake and does not alter the reported financial results, profitability, assets, liabilities, or cash flows. The new subsidiary, Vandu Food Processing Private Limited, incorporated on February 19, 2026, was not included in the consolidated financial statements as subscription amounts are pending.

Risks to watch

While the financial performance is strong, investors will want to monitor the future consolidation of the newly incorporated subsidiary, Vandu Food Processing Private Limited, into the company's financial reporting. The timely receipt of subscription amounts and subsequent integration are key to understanding the full scope of the company's operations.

Peer comparison

(No specific peer data available in the filing.)

Context metrics (time-bound)

• Revenue (FY26): ₹174.24 crore (₹17,424.10 lakh)
• Revenue (FY25): ₹87.31 crore (₹8,731.11 lakh)
• Revenue Growth: +99.56%
• Net Profit (FY26): ₹10.54 crore (₹1,053.87 lakh)
• Net Profit (FY25): ₹8.16 crore (₹816.40 lakh)
• Net Profit Growth: +29.17%
• Basic EPS (FY26): ₹5.89
• Basic EPS (FY25): ₹4.56

What to track next

Investors should watch for updates on the consolidation of Vandu Food Processing Private Limited and its contribution to future financial results. Continued revenue and profit growth will also be key indicators of the company's sustained performance.