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Leather & Tanneries

LEUL Leather Up Limited

Latest results: FY2025 · Jun 2025 Q4 FY2026 · Apr – Jun 2026

Watch LEUL · free results alerts

Last close · 16 Oct 2026

Rs 70.56 +1.32%

Quarterly · Q1 FY2022 – Q4 FY2026

Leather Up Limited (LEUL) quarterly income statement

The loss attributable to shareholders was Rs 3.8 mn, or Rs -0.63 per share.

LEUL income statement (quarterly) (Rs mn)
Rs mn TTM to Jun 2026 Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue — — 2.8 0.0 25.5 0.4 5.5 2.2 4.0
Cost of revenue (25.6) (1.2) (2.5) 0.0 (21.9) (0.5) (4.2) (3.0) (3.2)
Gross profit — — 0.3 0.0 3.6 (0.1) 1.3 (0.8) 0.8
Selling, general & administrative expenses (5.9) (2.3) (0.7) (0.3) (2.5) (2.7) (0.9) (1.4) (1.2)
Operating profit (3.4) (3.7) (0.4) (0.3) 1.1 (2.8) 0.3 (2.2) (0.4)
Finance cost — — — — — 0.0 — — —
Profit before tax (3.5) (3.8) (0.4) (0.3) 1.1 (3.0) 0.7 (2.1) (0.1)
Taxation (0.3) 0.0 0.0 0.0 (0.3) 0.1 (0.0) (0.0) (0.0)
Profit after tax (3.8) (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Profit attributable to shareholders (3.8) (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Per share & other
EPS – basic (Rs) Rs (0.63) (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS – diluted (Rs) Rs (0.63) (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBITDA (3.3) (3.7) (0.4) (0.3) 1.2 (2.7) 0.3 (2.1) (0.3)
Depreciation & amortisation — 0.0 — 0.0 0.0 0.1 0.0 0.0 0.1
Weighted average shares mn 6.0 6.0 6.0 5.8 6.0 6.0 6.0 6.1 6.0
LEUL income statement — year-on-year change (Rs mn)
Rs mn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue — -48.0% -100.0% +535.5% -84.2% +88.8% -34.4% -78.6%
Cost of revenue +138.2% -40.5% -100.0% +583.7% -2.5% +54.9% +120.2% -80.8%
Gross profit — -73.1% — +344.7% -106.1% +601.4% -137.5% -61.8%
Selling, general & administrative expenses -11.9% -19.5% -75.4% +106.2% +9.7% -1.6% +727.9% -60.2%
Operating profit — -218.3% — — — — -216.9% —
Finance cost — — — — — — — —
Profit before tax — -166.4% — — — — -176.6% -130.9%
Taxation — -100.0% -100.0% +660.3% -514.2% +51.6% +767.3% -79.2%
Profit after tax — -171.3% — — — — -178.2% -229.4%
Profit attributable to shareholders — -171.3% — — — — -178.2% -229.4%
Per share & other
EPS – basic (Rs) — -171.3% — — — — -177.8% -229.3%
EPS – diluted (Rs) — -171.3% — — — — -177.8% -229.3%
Dividend per share (Rs) — — — — — — — —
EBITDA — -218.3% — — — — -213.1% —
Depreciation & amortisation -55.1% — +59.2% -41.1% +79.6% -100.0% -44.7% +24.2%
Weighted average shares — — — — — — — —

Change against the same quarter a year earlier; shown when the earlier figure is positive.

LEUL income statement — common size (Rs mn)
Rs mn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue — 100.0% — 100.0% 100.0% 100.0% 100.0% 100.0%
Cost of revenue — (88.0%) — (85.9%) (130.6%) (76.9%) (134.3%) (79.8%)
Gross profit — 12.0% — 14.1% (30.6%) 23.1% (34.3%) 20.2%
Selling, general & administrative expenses — (26.1%) — (9.7%) (676.8%) (16.9%) (63.7%) (29.9%)
Operating profit — (14.2%) — 4.4% (707.4%) 6.2% (97.9%) (9.7%)
Finance cost — — — — 0.0% — — —
Profit before tax — (15.3%) — 4.4% (759.5%) 12.0% (94.9%) (2.2%)
Taxation — 0.0% — (1.2%) 24.1% (0.8%) (1.8%) (1.0%)
Profit after tax — (15.3%) — 3.2% (735.4%) 11.1% (96.7%) (3.2%)
Profit attributable to shareholders — (15.3%) — 3.2% (735.4%) 11.1% (96.7%) (3.2%)
Per share & other
EBITDA — (14.2%) — 4.5% (688.5%) 6.2% (96.9%) (8.5%)
Depreciation & amortisation — — — 0.1% 18.9% 0.0% 1.0% 1.3%

Each line as a percentage of revenue.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 16 Oct 2026.

All reported line items 76
LEUL income statement — all reported line items (Rs mn)
Rs mn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue from Goods & Services — 2.8 0.0 25.5 0.4 5.5 2.2 4.0
Sales of Goods & Services - Net - Unclassified — 2.8 0.0 25.5 0.4 5.5 2.2 4.0
Revenue from Business Activities - Total — 2.8 0.0 25.5 0.4 5.5 2.2 4.0
Cost of Operating Revenue 1.2 2.5 0.0 21.9 0.5 4.2 3.0 3.2
Cost of Revenues - Total 1.2 2.5 0.0 21.9 0.5 4.2 3.0 3.2
Selling, General & Administrative Expenses - Total 2.3 0.7 0.3 2.5 2.7 0.9 1.4 1.2
Other Operating Expense/(Income) - Net 0.2 — — — — 0.0 0.0 —
Gross Profit - Industrials/Property - Total — 0.3 0.0 3.6 (0.1) 1.3 (0.8) 0.8
Operating Expenses - Total 3.7 3.2 0.3 24.4 3.2 5.1 4.4 4.4
Operating Profit before Non-Recurring Income/(Expense) (3.7) (0.4) (0.3) 1.1 (2.8) 0.3 (2.2) (0.4)
Financing Income/(Expense) - Net - Total — — — — 0.0 — — —
Interest Expense - Net of (Interest Income) — — — — 0.0 — — —
Other Operating Expense — — — — — 0.0 0.0 —
Interest Expense - Net of Capitalized Interest — — — — 0.0 — — —
Other Non-Operating Income/(Expense) - Total (0.1) (0.0) 0.0 0.0 (0.2) 0.3 0.1 0.3
Normalized Pre-tax Profit (3.8) (0.4) (0.3) 1.1 (3.0) 0.7 (2.1) (0.1)
Provision for Income Tax Expense- Unclassified 0.0 0.0 0.0 0.3 (0.1) 0.0 0.0 0.0
Income before Taxes (3.8) (0.4) (0.3) 1.1 (3.0) 0.7 (2.1) (0.1)
Income Taxes 0.0 0.0 0.0 0.3 (0.1) 0.0 0.0 0.0
Net Income after Tax (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Income before Discontinued Operations & Extraordinary Items (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Net Income before Minority Interest (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Net Income after Minority Interest (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Income Available to Common Shares (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Earnings Adjustments to Net Income - Other Expense/(Income) — — — — — 0.0 — —
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Income available to Common excluding Extraordinary Items (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Shares used to calculate Basic EPS - Total mn 6.0 6.0 5.8 6.0 6.0 6.0 6.1 6.0
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 6.0 6.0 5.8 6.0 6.0 6.0 6.1 6.0
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Diluted Income available to Common excluding Extraordinary Items (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Shares used to calculate Diluted EPS - Total mn 6.0 6.0 5.8 6.0 6.0 6.0 6.1 6.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 6.0 6.0 5.8 6.0 6.0 6.0 6.1 6.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs (0.63) (0.07) (0.06) 0.14 (0.48) 0.10 (0.35) (0.02)
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) (3.7) (0.4) (0.3) 1.1 (2.8) 0.3 (2.2) (0.4)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) (3.7) (0.4) (0.3) 1.2 (2.7) 0.3 (2.1) (0.3)
Depreciation, Depletion & Amortization - Total 0.0 — 0.0 0.0 0.1 0.0 0.0 0.1
Depreciation - Total 0.0 — 0.0 0.0 0.1 0.0 0.0 0.1
Normalized after Tax Profit (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Normalized Net Income from Continuing Operations (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Normalized Net Income - Bottom Line (3.8) (0.4) (0.3) 0.8 (2.9) 0.6 (2.1) (0.1)
Earnings before Interest & Taxes (EBIT) - Normalized (3.8) (0.4) (0.3) 1.1 (3.0) 0.7 (2.1) (0.1)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized (3.8) — (0.3) 1.2 (2.9) 0.7 (2.1) (0.0)
Interest Expense — — — — 0.0 — — —
Operating Expenses — 3.2 0.3 24.4 3.2 5.1 4.4 4.4
Selling, General & Administrative Expenses excluding Research & Development Expenses 2.3 0.7 0.3 2.5 2.7 0.9 1.4 1.2
Income before Taxes & Provision for Loan Losses (3.8) (0.4) (0.3) 1.1 (3.0) 0.7 (2.1) (0.1)
Cost of Revenue including Operation & Maintenance (Utility) - Total 1.2 2.5 0.0 21.9 0.5 4.2 3.0 3.2
Cost of Revenues excluding Depreciation 1.2 2.5 0.0 21.9 0.5 4.2 3.0 3.2
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tax Adjusted Operating Income — — — 0.8 — 0.6 — —
Operating Expenses excluding Non-Cash Charges - Total 3.7 — 0.3 24.4 3.1 5.1 4.3 4.4
Income Available to Common Shares before Depreciation & Amortization (3.8) — (0.3) 0.9 (2.8) 0.6 (2.1) (0.1)
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed.