1. The unaudited financial results of the Company for the quarter and half year ended September 30, 2026.

2. The Limited Review Report issued by the Statutory Auditor (Uttam Abuwala Ghosh & Associates) on these unaudited financial results.

The financial results together with the Limited Review Report were enclosed with the filing and are available on the Company's website at www.navkarcorp.com. An extract of the results will be published in newspapers in accordance with Regulation 47 of the Listing Regulations.

Financial Performance Highlights (Quarter Ended September 30, 2026)

Income:

  • Revenue from Operations: ₹22,320.11 lakhs (₹223.20 crore)
  • Other Income: ₹448.52 lakhs (₹4.49 crore)
  • Total Income: ₹22,768.63 lakhs (₹227.69 crore)

Expenses:

  • Operating Expenses: ₹16,700.49 lakhs (₹167.00 crore)
  • Employee Benefits Expenses: ₹1,260.53 lakhs (₹12.61 crore)
  • Finance Costs: ₹486.27 lakhs (₹4.86 crore)
  • Depreciation and Amortisation: ₹1,721.61 lakhs (₹17.22 crore)
  • Other Expenses: ₹1,032.79 lakhs (₹10.33 crore)
  • Total Expenses: ₹21,201.69 lakhs (₹212.02 crore)

Profitability:

  • Profit Before Tax: ₹1,566.94 lakhs (₹15.67 crore)
  • Tax Expense: ₹390.18 lakhs (₹3.90 crore) - Entirely deferred tax (Current Tax: ₹0)
  • Profit for the Period: ₹1,176.76 lakhs (₹11.77 crore)
  • Other Comprehensive Income (net of tax): ₹13.90 lakhs (₹0.14 crore)
  • Total Comprehensive Income: ₹1,190.66 lakhs (₹11.91 crore)

Earnings Per Share (Face value ₹10 each, not annualized):

  • Basic EPS: ₹0.78
  • Diluted EPS: ₹0.78

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

Income:

  • Revenue from Operations: ₹41,394.62 lakhs (₹413.95 crore)
  • Other Income: ₹603.83 lakhs (₹6.04 crore)
  • Total Income: ₹41,998.45 lakhs (₹419.98 crore)

Expenses:

  • Operating Expenses: ₹30,475.15 lakhs (₹304.75 crore)
  • Employee Benefits Expenses: ₹2,614.05 lakhs (₹26.14 crore)
  • Finance Costs: ₹809.08 lakhs (₹8.09 crore)
  • Depreciation and Amortisation: ₹3,225.83 lakhs (₹32.26 crore)
  • Other Expenses: ₹1,665.52 lakhs (₹16.66 crore)
  • Total Expenses: ₹38,789.63 lakhs (₹387.90 crore)

Profitability:

  • Profit Before Tax: ₹3,208.82 lakhs (₹32.09 crore)
  • Tax Expense: ₹803.93 lakhs (₹8.04 crore) - Entirely deferred tax (Current Tax: ₹0)
  • Profit for the Period: ₹2,404.89 lakhs (₹24.05 crore)
  • Other Comprehensive Income (net of tax): ₹13.90 lakhs (₹0.14 crore)
  • Total Comprehensive Income: ₹2,418.79 lakhs (₹24.19 crore)

Earnings Per Share:

  • Basic EPS: ₹1.60
  • Diluted EPS: ₹1.60

Comparative Performance

Quarter Comparison (Q2 FY27 vs Q2 FY26):

  • Revenue from Operations increased by 37.45% (from ₹16,238.76 lakhs to ₹22,320.11 lakhs)
  • Profit Before Tax increased by 138.11% (from ₹658.09 lakhs to ₹1,566.94 lakhs)
  • Profit for the Period increased by 170.24% (from ₹435.47 lakhs to ₹1,176.76 lakhs)

Half Year Comparison (H1 FY27 vs H1 FY26):

  • Revenue from Operations increased by 37.59% (from ₹30,084.54 lakhs to ₹41,394.62 lakhs)
  • Profit Before Tax increased by 209.11% (from ₹1,038.17 lakhs to ₹3,208.82 lakhs)
  • Profit for the Period increased by 253.54% (from ₹680.18 lakhs to ₹2,404.89 lakhs)

Balance Sheet Position as at September 30, 2026

Assets:

  • Total Assets: ₹2,40,503.58 lakhs (₹2,405.04 crore)
  • Non-Current Assets: ₹2,14,796.23 lakhs (₹2,147.96 crore)
  • Current Assets: ₹25,707.35 lakhs (₹257.07 crore)

Equity and Liabilities:

  • Equity Share Capital: ₹15,051.92 lakhs (₹150.52 crore) - unchanged
  • Other Equity: ₹1,83,162.37 lakhs (₹1,831.62 crore)
  • Total Equity: ₹1,98,214.29 lakhs (₹1,982.14 crore)
  • Total Liabilities: ₹42,289.29 lakhs (₹422.89 crore)

Cash Flow Statement for Half Year Ended September 30, 2026

  • Net cash generated from operating activities: ₹5,752.32 lakhs (₹57.52 crore)
  • Net cash from investing activities: ₹210.06 lakhs (₹2.10 crore)
  • Net cash used in financing activities: ₹(6,361.53) lakhs (₹63.62 crore)
  • Net decrease in cash and cash equivalents: ₹(399.15) lakhs (₹3.99 crore)
  • Cash and Cash Equivalents at end of period: ₹1,075.56 lakhs (₹10.76 crore)

Additional Information

1. The Company is engaged in Container Freight Station (CFS) and Inland Container Depot (ICD) Operations as a single operating segment.

2. The Company does not have any subsidiary, associate, or joint venture as of September 30, 2026.

3. The figures are prepared in compliance with Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013.

4. The statutory auditors (Uttam Abuwala Ghosh & Associates) conducted a review in accordance with Standard on Review Engagements (SRE) 2410 and expressed an unmodified conclusion, noting nothing came to their attention suggesting material misstatement.

5. The results were reviewed by the Audit Committee before Board approval.