United Leasing & Industries Swings to ₹2.19 Lakh Profit as Revenue Falls 21%

United Leasing & Industries reported a standalone net profit of ₹2.19 lakh for the quarter ended September 30, 2026, reversing a loss of ₹14.24 lakh in the preceding quarter. ScanX said the board approved the unaudited results at a meeting on November 13, 2026.

United Leasing & Industries Q2 Results Detail

Revenue from operations for the quarter stood at ₹134.37 lakh, a 21% decline from ₹170.81 lakh in the same quarter of the previous fiscal year. Total expenses were ₹132.56 lakh, against ₹175.47 lakh a year earlier. The company said the quarterly profit reflected lower operating expenses and the absence of exceptional items recorded in earlier periods.

For the half year, United Leasing & Industries recorded a loss before tax of ₹12.05 lakh, compared with a loss of ₹8.19 lakh in H1FY26. Basic earnings per share were ₹0.07 for Q2FY27, against a loss per share of ₹0.47 in Q1FY27 and ₹0.26 in Q2FY26.

The independent auditor, R K Bhalla & Co, noted that the company entered into agreements for loans and advances at 9.25% per annum but booked no interest income for the quarter ended September 30, 2026. No interest expense was booked on borrowings from related parties under similar terms. The auditor attributed the treatment to the demand nature of the instruments.

Cash flow from operations turned positive at ₹42.98 lakh for the half year, compared with ₹11.53 lakh in the same period last year. Trade receivables fell by ₹39.45 lakh. Total assets rose to ₹1,477.78 lakh as of September 30, 2026, from ₹1,316.45 lakh in March 2026, supported by property, plant and equipment of ₹721.85 lakh. Other equity increased to ₹527.59 lakh, largely on a revaluation gain on land recognised in the previous quarter.

United Leasing & Industries at a Glance

United Leasing & Industries is a New Delhi-headquartered company founded in 1983, with a headcount range of 1-10 and an estimated revenue under $1 million, according to akta.pro company records. The same records place its estimated valuation under $10 million.

What Comes Next for United Leasing & Industries

The company has not stated a date for converting the related-party loans and advances into term loans or settling them. Its 42nd Annual General Meeting on September 30, 2026 approved related party transactions for FY27 with SIPL Textile Private Limited and RLF Limited, with 43.28% of votes cast against.