Summary of Key Information:

Reporting Period: Quarter & Half Year ended 30th September 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Limited Review Report - Clean opinion without qualifications or modifications. The auditors, CARE DATA & CO. INDIA CHARTERED ACCOUNTANTS, conducted review in accordance with Standard on Review Engagement (SRE) 2400 and found no material misstatements.

Auditor's Comment: No adverse comments affecting earnings quality, internal controls, or going concern. Review provides moderate assurance that financial statements are free of material misstatement.

Key Financial Highlights [Rs. in millions]:

Standalone Results:

Quarter Ended 30-Sep-2026:

  • Revenue from Operations: ₹1,700.02 (vs ₹1,887.49 in Q2 FY26 - down 10% YoY; vs ₹1,370.70 in Q1 FY27 - up 24% QoQ)
  • Total Income: ₹1,701.25
  • Net Profit: ₹3.39 (vs ₹8.02 in Q2 FY26 - down 58% YoY; vs ₹5.60 in Q1 FY27 - down 39% QoQ)
  • EPS: ₹0.02 (Basic & Diluted)

Half Year Ended 30-Sep-2026:

  • Revenue from Operations: ₹3,070.72 (vs ₹3,494.72 in H1 FY26 - down 12% YoY)
  • Total Income: ₹3,074.80
  • Net Profit: ₹8.99 (vs ₹11.70 in H1 FY26 - down 23% YoY)
  • EPS: ₹0.06 (Basic & Diluted)

Balance Sheet Position (Standalone as at 30-Sep-2026):

  • Cash and Cash Equivalents: ₹27.57
  • Other Equity: ₹1,088.96
  • Total Debt: ₹1,369.00 (Borrowings: Current ₹1,059.68 + Non-current ₹309.32)
  • Paid-up Equity Share Capital: ₹150.56

Consolidated Results:

Quarter Ended 30-Sep-2026:

  • Revenue from Operations: ₹1,804.37
  • Net Profit: ₹11.01
  • EPS: ₹0.07 (Basic & Diluted)
  • Profit attributable to: Owners ₹11.01, Minority Shareholders ₹0.00

Half Year Ended 30-Sep-2026:

  • Revenue from Operations: ₹3,212.42
  • Net Profit: ₹14.44
  • EPS: ₹0.08 (Basic & Diluted)
  • Profit attributable to: Owners ₹12.09, Minority Shareholders ₹2.35

Consolidated Balance Sheet Position as at 30-Sep-2026:

  • Cash and Cash Equivalents: ₹32.37
  • Other Equity: ₹1,108.61
  • Total Debt: ₹1,664.60 (Borrowings: Current ₹1,148.82 + Non-current ₹515.78)
  • Paid-up Equity Share Capital: ₹150.56

Segment-wise Performance [Rs. in millions]:

The company operates in three business segments: Logistics Service Provider, Sale of Petroleum and Petroleum Products, and Sale of Motor Vehicles.

Standalone Segment Revenue Q2 FY27:

  • Logistics Services: ₹1,170.71 (up 15% QoQ from ₹970.69)
  • Sale of Commercial Vehicle: ₹511.44 (up 29% QoQ from ₹396.67)
  • Sale of Petrol & Petroleum Products: ₹45.69 (up 104% QoQ from ₹22.44)
  • Others: ₹1.23

Standalone Segment EBITDA Q2 FY27:

  • Logistics Services: ₹60.35 (up 12% QoQ from ₹53.90)
  • Sale of Commercial Vehicle: ₹6.42 (up 3% QoQ from ₹6.26)
  • Sale of Petrol & Petroleum Products: ₹0.04 (down 56% QoQ from ₹0.09)

Consolidated Segment Revenue Q2 FY27:

  • Logistics Services: ₹1,704.41
  • Sale of Commercial Vehicle: ₹511.44
  • Sale of Petrol & Petroleum Products: ₹45.69
  • Others: ₹1.49

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.

Other Significant Information:

  • Entities included in consolidation: Jayant Logistics Private Limited (wholly owned subsidiary), A.R.S. Liners (India) Private Limited (partially owned subsidiary), A.R.S. Terminals (India) Private Limited (partially owned subsidiary)
  • No exceptional items or extraordinary items reported
  • No change in accounting policy disclosed
  • No forward-looking guidance or management outlook provided