The board meeting commenced at 01:30 p.m. and concluded at 02:20 p.m.

Standalone Financial Results (Rs. in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: 11,807.87
  • Other income: 30.12
  • Total income: 11,837.99
  • Operational expenses: 10,600.58
  • Employee benefits expense: 468.89
  • Finance costs: 275.09
  • Depreciation, amortisation and impairment expense: 46.97
  • Other expenses: 158.35
  • Total expenses: 11,549.88
  • Profit before tax: 288.11
  • Tax expense: 80.83 (Current tax: 82.28, Deferred tax: -1.45)
  • Profit after tax: 207.28
  • Total comprehensive income: 209.42
  • Basic EPS: Rs. 0.43
  • Diluted EPS: Rs. 0.43
  • Paid-up equity share capital: 2,546.17

Half Year Ended September 30, 2026:

  • Revenue from operations: 29,704.72
  • Other income: 56.46
  • Total income: 29,761.18
  • Total expenses: 29,106.53
  • Profit before tax: 654.65
  • Tax expense: 194.81 (Current tax: 193.10, Deferred tax: 1.71)
  • Profit after tax: 459.84
  • Total comprehensive income: 463.81
  • Basic EPS: Rs. 0.94
  • Diluted EPS: Rs. 0.94

Consolidated Financial Results (Rs. in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: 11,811.01
  • Other income: 32.49
  • Total income: 11,843.50
  • Total expenses: 11,555.04
  • Profit before tax: 288.46
  • Tax expense: 80.92 (Current tax: 82.37, Deferred tax: -1.45)
  • Profit after tax: 207.54
  • Total comprehensive income: 209.71
  • Basic EPS: Rs. 0.45
  • Diluted EPS: Rs. 0.45

Half Year Ended September 30, 2026:

  • Revenue from operations: 29,709.85
  • Other income: 56.40
  • Total income: 29,766.25
  • Total expenses: 29,110.82
  • Profit before tax: 655.43
  • Tax expense: 195.01 (Current tax: 193.30, Deferred tax: 1.71)
  • Profit after tax: 460.42
  • Total comprehensive income: 464.41
  • Basic EPS: Rs. 0.99
  • Diluted EPS: Rs. 0.99

Key Corporate Actions

During the period, the company allotted 45,19,663 equity shares pursuant to the conversion of warrants and received proceeds amounting to Rs. 610.15 lakhs. The proceeds have been utilized for working capital purposes in accordance with the objects of the issue.

The company had previously received approval through special resolution dated February 20, 2026, to create, issue, offer and allot 3,74,27,694 convertible warrants into equity shares on preferential basis at a price of Rs. 18 per warrant. The proceeds are proposed to be utilized for Working Capital requirements (Rs. 5,000 Lakhs), Repayment/prepayment of existing borrowings (Rs. 600.00 Lakhs), and General corporate purpose (Rs. 1,136.98 Lakhs).

Subsidiary Information

The consolidated results include 4 subsidiaries:

1. Jet Freight Express Private Limited (100% holding)

2. Jet Freight Logistics BV (100% holding)

3. Jet Freight Logistics Inc (100% holding)

4. Vank Global Services Private Limited (51% holding)

Subsidiaries contributed total assets of Rs. 317.62 lakhs, revenue from operations of Rs. 8.73 lakhs (quarter) and Rs. 16.33 lakhs (half year), and net profit after tax of Rs. 0.26 lakhs (quarter) and Rs. 6.59 lakhs (half year).

Auditor Review

M/s. Ajay Shobha & Co., Statutory Auditors of the Company, issued unmodified limited review reports for both standalone and consolidated financial results, confirming compliance with Ind AS 34 and SEBI LODR Regulations.

Additional Information

The company operates in a single line of business - Freight Forwarding. All information is also available on the company's website at https://www.jfll.com/.