LEEL Electricals Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting a significant turnaround in profitability. For the quarter ended March 31, 2026, the company recorded a revenue of ₹16.96 Crores, marking a massive increase of 196.2% compared to the previous quarter’s ₹5.73 Crores and an extraordinary jump of 135,580% from the ₹0.01 Crores reported in the corresponding quarter of the previous year. The net profit for the quarter stood at ₹1.28 Crores, representing an 85.9% increase from the ₹0.69 Crores profit in the previous quarter and a recovery from a net loss of ₹0.70 Crores in the same quarter last year.

LEEL Electricals Limited, formerly known as Lloyd Electric & Engineering Limited, is primarily engaged in the manufacturing of parts for air conditioning machines. The company operates within a single business segment and is currently undergoing a transition following liquidation proceedings initiated in 2021. As of mid-2024, Krishna Ventures Limited was identified as the successful auction purchaser to take over the company as a going concern, with the transition process continuing into 2026. The board recently approved moving the location where books of accounts are kept to its plant address in Rudrapur, Uttarakhand.