Key Decisions and Approvals

The Board of Directors at its meeting held on August 12, 2026, approved the following:

1. Unaudited Financial Results: Approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026. The results were recommended by the Audit Committee and accompanied by Limited Review Reports from the Statutory Auditors, Praneti Yadav & Co., which contained an unmodified opinion.

2. Registered Office Shift: Approved the shifting of the Registered Office of the Company from its current location at Mayuresh Chambers Premises, Co-Op. Society Ltd., Unit No. H02-2, H02-3 & H02-4, Plot No.60, Sector-11, CBD Belapur, Navi Mumbai, Maharashtra, India- 400614 to a new location at Ship Agents Premises Co-Operative Society Ltd., Office Nos. 210 & 212, Plot No. 2, Sector 11, Dronagiri Node, Navi Mumbai, Maharashtra, India-400702. This shift is outside the local limits of the same city but within the same State of Maharashtra and under the jurisdiction of the same Registrar of Companies (RoC), Mumbai II. The shift is subject to approval by the company's members through a Special Resolution.

Meeting Details

The Board Meeting commenced at 3:45 p.m. IST and concluded at 7:30 p.m. IST on August 12, 2026.

Financial Results Highlights (Consolidated - Q1 FY27)

The unaudited consolidated financial results for the quarter ended June 30, 2026 (Q1 FY27), are compared with the corresponding quarter of the previous year (Q1 FY26) and the previous quarter (Q4 FY26).

Q1 FY27 vs. Q1 FY26 (Year-on-Year)

  • Revenue from Operations: ₹ 13,188.25 lakhs (vs. ₹ 10,708.70 lakhs in Q1 FY26), an increase of 23.2%.
  • EBITDA: ₹ 1,129.23 lakhs (vs. ₹ 690.41 lakhs in Q1 FY26), an increase of 63.6%.
  • Profit Before Tax (PBT): ₹ 551.48 lakhs (vs. Loss of ₹ (396.77) lakhs in Q1 FY26).
  • Profit After Tax (PAT): ₹ 524.11 lakhs (vs. Loss of ₹ (461.56) lakhs in Q1 FY26).
  • Earnings Per Share (Basic/Diluted): ₹ 0.15 (vs. ₹ (0.13) in Q1 FY26).

Q1 FY27 vs. Q4 FY26 (Sequential)

  • Revenue from Operations: ₹ 13,188.25 lakhs (vs. ₹ 13,886.61 lakhs in Q4 FY26), a decrease of 5.0%.
  • EBITDA: ₹ 1,129.23 lakhs (vs. ₹ 867.75 lakhs in Q4 FY26), an increase of 30.1%.
  • Profit Before Tax (PBT): ₹ 551.48 lakhs (vs. ₹ 1,124.33 lakhs in Q4 FY26), a decrease of 51.0%.
  • Profit After Tax (PAT): ₹ 524.11 lakhs (vs. ₹ 1,090.45 lakhs in Q4 FY26), a decrease of 51.9%.
  • Earnings Per Share (Basic/Diluted): ₹ 0.15 (vs. ₹ 0.31 in Q4 FY26).

Detailed Consolidated Income Statement (₹ in Lakhs)

  • Total Income: ₹ 13,693.51 (Revenue ₹13,188.25 + Other Income ₹505.26)
  • Total Expenses: ₹ 13,142.03
  • Cost of Services, Materials Consumed: ₹ 11,859.20
  • Changes in inventories: (₹ 454.41)
  • Employee benefit expenses: ₹ 538.67
  • Finance Costs: ₹ 26.14
  • Depreciation and Amortization: ₹ 551.61
  • Other Expenses: ₹ 620.82
  • Profit Before Tax: ₹ 551.48
  • Tax Expense: ₹ 27.37 (Current Tax ₹15.81, Deferred Tax ₹11.57)
  • Profit for the period: ₹ 524.11
  • Other Comprehensive Income (net of tax): ₹ 91.49
  • Total Comprehensive Income for the period: ₹ 615.60
  • Paid-up equity share capital: ₹ 17,663.19 lakhs (Face value ₹5 per share)

Financial Results Highlights (Standalone - Q1 FY27)

The unaudited standalone financial results for the quarter ended June 30, 2026, are as follows:

Detailed Standalone Income Statement (₹ in Lakhs)

  • Total Income: ₹ 2,803.66 (Revenue ₹2,342.78 + Other Income ₹460.89)
  • Total Expenses: ₹ 2,716.57
  • Cost of Services, Materials Consumed: ₹ 2,082.05
  • Employee benefit expenses: ₹ 156.70
  • Finance Costs: ₹ 38.54
  • Depreciation and Amortization: ₹ 343.52
  • Other Expenses: ₹ 95.74
  • Profit Before Tax: ₹ 87.10
  • Tax Expense: ₹ 12.00 (Deferred Tax)
  • Profit for the period: ₹ 75.10
  • Other Comprehensive Income (net of tax): ₹ 7.55
  • Total Comprehensive Income for the period: ₹ 82.64
  • Paid-up equity share capital: ₹ 17,663.19 lakhs (Face value ₹5 per share)
  • Earnings Per Share (Basic/Diluted): ₹ 0.02

Subsidiaries and Consolidation

The consolidated results include the following subsidiaries, all classified as wholly owned unless specified otherwise:

  • CIS Connect Global Logistics Private Limited
  • Worldwide Container Trading Private Limited
  • LCM Projects Private Limited
  • KMS Maritime India Private Limited
  • Globepoint Freight Forwarders Private Limited
  • Bulkliner Logistics Limited
  • Lancia Shipping LLC, Dubai UAE
  • Argo Anchor Shipping Service LLC, Dubai UAE (Subsidiary of Lancia Shipping LLC)
  • P K M General Trading LLC
  • PT Map Trans Logistic (Subsidiary of P K M General Trading LLC)
  • Lancia Shipping SPC, Oman (Subsidiary of Lancia Shipping LLC)

Auditor Review

Praneti Yadav & Co., Chartered Accountants (ICAI Firm Registration Number: 137534W), issued limited review reports on both the unaudited consolidated and standalone financial results. Based on their review, nothing came to their attention that causes them to believe that the statements contain any material misstatement or have not disclosed information as required by Regulation 33 of SEBI LODR.

Additional Notes from Financial Statements

  • The company does not have different reportable segments.
  • The statements are prepared in accordance with Indian Accounting Standards (Ind AS).
  • Previous period figures have been regrouped/reclassified wherever necessary for comparability.

Disclosure and Publication

The results and this disclosure were uploaded on the websites of the BSE Limited (www.bseindia.com) and the Company (www.lancerline.com).