Standalone Financial Performance (Half Year Ended September 30, 2026)

Income Statement:

  • Revenue from Operations: ₹5,108.55 lakh (vs. ₹4,704.61 lakh in H1 FY26)
  • Other Income: ₹3.68 lakh (vs. ₹18.76 lakh in H1 FY26)
  • Total Income: ₹5,112.23 lakh (vs. ₹4,723.37 lakh in H1 FY26)
  • Operating Expenses: ₹4,317.39 lakh
  • Employee Benefits Expense: ₹324.67 lakh
  • Finance Costs: ₹129.16 lakh
  • Depreciation and Amortization: ₹67.63 lakh
  • Other Expense: ₹206.45 lakh
  • Total Expense: ₹5,045.29 lakh
  • Profit before tax: ₹66.94 lakh (vs. ₹45.08 lakh in H1 FY26)
  • Tax Expense: ₹9.92 lakh (Deferred Tax only)
  • Net Profit: ₹57.01 lakh (vs. ₹36.44 lakh in H1 FY26)
  • Earnings per Share (Basic and Diluted): ₹0.56 (vs. ₹0.36 in H1 FY26)

Balance Sheet (Standalone as at September 30, 2026):

  • Share Capital: ₹1,020.00 lakh (unchanged)
  • Reserves and Surplus: ₹1,099.55 lakh (vs. ₹1,021.22 lakh in H1 FY26)
  • Total Equity: ₹2,119.55 lakh
  • Long-Term Borrowings: ₹1,063.52 lakh
  • Total Non-Current Liabilities: ₹1,134.40 lakh
  • Short-Term Borrowings: ₹2,312.72 lakh
  • Total Current Liabilities: ₹2,829.45 lakh
  • Total Liabilities: ₹6,083.40 lakh
  • Property Plant and Equipment: ₹1,362.37 lakh
  • Intangible Assets: ₹2.85 lakh
  • Total Non-Current Assets: ₹1,789.71 lakh
  • Trade Receivables: ₹3,575.03 lakh
  • Cash and Cash Equivalents: ₹73.66 lakh
  • Total Current Assets: ₹4,293.69 lakh
  • Total Assets: ₹6,083.40 lakh

Cash Flow Statement (Standalone H1 FY27):

  • Net Cash from Operating Activities: (₹482.36) lakh
  • Net Cash from Investing Activities: ₹4.65 lakh
  • Net Cash from Financing Activities: ₹544.61 lakh
  • Net Increase in Cash: ₹66.90 lakh
  • Cash at beginning: ₹6.77 lakh
  • Cash at end: ₹73.66 lakh

Consolidated Financial Performance (Half Year Ended September 30, 2026)

Income Statement:

  • Revenue from Operations: ₹5,108.55 lakh
  • Other Income: ₹3.68 lakh
  • Total Income: ₹5,112.23 lakh
  • Total Expense: ₹5,045.29 lakh
  • Profit before tax: ₹66.94 lakh
  • Tax Expense: ₹9.92 lakh (Deferred Tax only)
  • Profit after tax before Minority Interest: ₹57.01 lakh
  • Minority Interest/Share of Profit in Associate: (₹43.25) lakh
  • Net Profit: ₹13.77 lakh (vs. ₹20.38 lakh in H1 FY26)
  • Earnings per Share (Basic and Diluted): ₹0.13 (vs. ₹0.20 in H1 FY26)

Balance Sheet (Consolidated as at September 30, 2026):

  • Share Capital: ₹1,020.00 lakh
  • Reserves and Surplus: ₹1,221.71 lakh
  • Total Equity: ₹2,241.71 lakh
  • Long-Term Borrowings: ₹1,108.38 lakh
  • Total Non-Current Liabilities: ₹1,179.26 lakh
  • Total Current Liabilities: ₹2,829.83 lakh
  • Total Liabilities: ₹6,250.79 lakh
  • Property Plant and Equipment: ₹1,362.37 lakh
  • Goodwill on consolidation: ₹35.51 lakh
  • Total Non-Current Assets: ₹1,956.41 lakh
  • Total Current Assets: ₹4,294.38 lakh
  • Total Assets: ₹6,250.79 lakh

Cash Flow Statement (Consolidated H1 FY27):

  • Net Cash from Operating Activities: (₹482.34) lakh
  • Net Cash from Investing Activities: ₹4.65 lakh
  • Net Cash from Financing Activities: ₹544.56 lakh
  • Net Increase in Cash: ₹66.87 lakh
  • Cash at beginning: ₹7.48 lakh
  • Cash at end: ₹74.35 lakh

Key Disclosures and Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 13, 2026.

2. Statutory Auditors TMR & Associates LLP carried out a limited review of the standalone unaudited financial results pursuant to Regulation 33 of SEBI LODR Regulations 2015.

3. The company is exempt from adopting IND AS as per MCA notification dated 16th February 2015 for companies listed on SME exchanges.

4. The company operates in one reportable business segment: "Logistics and Freight Forwarding."

5. The consolidated results include:

  • Holding Company: Cargosol Logistics Limited
  • Subsidiary: Cargosol Shipping Agency Private Limited
  • Associate: Cargosol LLC
  • Excluded: Cargosol Logistics (Thailand) Co. Ltd. (financials not available during review)

6. The limited review report for consolidated results contains an "Other Matter" paragraph noting that the consolidated net profit of ₹13.77 lakh includes the Group's share of net loss of ₹43.25 lakh from its associate company, whose financials were not reviewed and were furnished by management.