Standalone Financial Results (Rs. in Lakhs)

Income Statement Highlights

  • Total Gross Income from operations: ₹13,375.03 lakhs for Q1 FY27 (Q4 FY26: ₹11,389.50 lakhs; Q1 FY26: ₹9,201.74 lakhs)
  • Less GST: ₹2,028.45 lakhs for Q1 FY27 (Q4 FY26: ₹1,726.43 lakhs; Q1 FY26: ₹1,403.62 lakhs)
  • Total Income from operations: ₹11,346.58 lakhs for Q1 FY27 (Q4 FY26: ₹9,663.07 lakhs; Q1 FY26: ₹7,798.12 lakhs)
  • Other Income: ₹74.12 lakhs for Q1 FY27 (Q4 FY26: ₹68.62 lakhs; Q1 FY26: ₹44.23 lakhs)
  • Total Income: ₹11,420.70 lakhs for Q1 FY27 (Q4 FY26: ₹9,731.69 lakhs; Q1 FY26: ₹7,842.35 lakhs)

Expense Breakdown

  • Operation cost: ₹10,498.52 lakhs for Q1 FY27 (Q4 FY26: ₹8,723.68 lakhs; Q1 FY26: ₹7,063.80 lakhs)
  • Employees benefits Expenses: ₹408.13 lakhs for Q1 FY27 (Q4 FY26: ₹376.58 lakhs; Q1 FY26: ₹364.79 lakhs)
  • Finance Costs: ₹6.45 lakhs for Q1 FY27 (Q4 FY26: ₹5.51 lakhs; Q1 FY26: ₹10.29 lakhs)
  • Depreciation and amortization: ₹63.44 lakhs for Q1 FY27 (Q4 FY26: ₹61.31 lakhs; Q1 FY26: ₹64.08 lakhs)
  • Administrative & Other Expenses: ₹191.89 lakhs for Q1 FY27 (Q4 FY26: ₹193.64 lakhs; Q1 FY26: ₹175.44 lakhs)
  • Total Expenses: ₹11,168.43 lakhs for Q1 FY27 (Q4 FY26: ₹9,360.72 lakhs; Q1 FY26: ₹7,678.40 lakhs)

Profitability Metrics

  • Profit before tax: ₹252.27 lakhs for Q1 FY27 (Q4 FY26: ₹370.97 lakhs; Q1 FY26: ₹163.95 lakhs)
  • Tax Expense: ₹1.71 lakhs (excess/short provision for taxation of earlier years) for Q1 FY27
  • Net Profit for the period: ₹250.56 lakhs for Q1 FY27 (Q4 FY26: ₹299.21 lakhs; Q1 FY26: ₹163.95 lakhs)
  • Other Comprehensive Income: ₹(4.39) lakhs for Q1 FY27 (Q4 FY26: ₹17.33 lakhs; Q1 FY26: ₹(3.90) lakhs)
  • Total Comprehensive Income: ₹246.17 lakhs for Q1 FY27 (Q4 FY26: ₹316.54 lakhs; Q1 FY26: ₹160.05 lakhs)

Capital Structure

  • Paid-up Equity Share Capital: ₹6,958.57 lakhs (Face Value: ₹10 per share)
  • Other Equity excluding Revaluation Reserve: ₹5,392.67 lakhs as of March 31, 2026

Earnings Per Share

  • Basic EPS: ₹0.36 for Q1 FY27 (Q1 FY26: ₹0.24; FY26: ₹1.38)
  • Diluted EPS: ₹0.36 for Q1 FY27 (Q1 FY26: ₹0.24; FY26: ₹1.38)

Standalone Segment Information (Rs. in Lakhs)

Revenue by Segment

  • Co-loading of Air Freight Division: ₹13,245.91 lakhs for Q1 FY27 (Q4 FY26: ₹11,268.71 lakhs; Q1 FY26: ₹9,110.30 lakhs)
  • Others: ₹129.12 lakhs for Q1 FY27 (Q4 FY26: ₹120.79 lakhs; Q1 FY26: ₹91.44 lakhs)
  • Total Segment Revenue: ₹13,375.03 lakhs for Q1 FY27

Segment Performance

  • Co-loading of Air Freight Division Profit: ₹260.90 lakhs for Q1 FY27 (Q4 FY26: ₹393.68 lakhs; Q1 FY26: ₹194.01 lakhs)
  • Others Segment Loss: ₹(26.68) lakhs for Q1 FY27 (Q4 FY26: ₹(59.67) lakhs; Q1 FY26: ₹(30.25) lakhs)
  • Total Segment Results: ₹234.22 lakhs for Q1 FY27

Segment Assets & Liabilities

  • Total Segment Assets: ₹16,853.99 lakhs as of June 30, 2026 (March 31, 2026: ₹16,331.80 lakhs; June 30, 2025: ₹15,820.82 lakhs)
  • Total Segment Liabilities: ₹4,267.06 lakhs as of June 30, 2026 (March 31, 2026: ₹3,980.56 lakhs; June 30, 2025: ₹3,534.75 lakhs)
  • Total Capital Employed: ₹12,586.93 lakhs as of June 30, 2026 (March 31, 2026: ₹12,351.24 lakhs)

Consolidated Financial Results (Rs. in Lakhs)

Income Statement Highlights

  • Total Gross Income from operations: ₹13,420.46 lakhs for Q1 FY27 (Q4 FY26: ₹11,402.34 lakhs; Q1 FY26: ₹9,201.74 lakhs)
  • Less GST: ₹2,035.38 lakhs for Q1 FY27 (Q4 FY26: ₹1,728.39 lakhs; Q1 FY26: ₹1,403.62 lakhs)
  • Total Income from operations: ₹11,385.08 lakhs for Q1 FY27 (Q4 FY26: ₹9,673.95 lakhs; Q1 FY26: ₹7,798.12 lakhs)
  • Other Income: ₹73.44 lakhs for Q1 FY27 (Q4 FY26: ₹68.18 lakhs; Q1 FY26: ₹44.23 lakhs)
  • Total Income: ₹11,458.52 lakhs for Q1 FY27 (Q4 FY26: ₹9,742.13 lakhs; Q1 FY26: ₹7,842.35 lakhs)

Consolidated Profitability

  • Profit before tax: ₹253.65 lakhs for Q1 FY27 (Q4 FY26: ₹369.52 lakhs; Q1 FY26: ₹163.95 lakhs)
  • Net Profit for the period: ₹251.94 lakhs for Q1 FY27 (Q4 FY26: ₹297.76 lakhs; Q1 FY26: ₹163.95 lakhs)
  • Total Comprehensive Income: ₹247.55 lakhs for Q1 FY27 (Q4 FY26: ₹315.20 lakhs; Q1 FY26: ₹160.05 lakhs)
  • Net Profit attributable to Owners: ₹251.39 lakhs for Q1 FY27 (Q4 FY26: ₹298.36 lakhs; Q1 FY26: ₹163.95 lakhs)

Subsidiary Performance

  • Rajpat Logistics Pvt. Ltd.: Revenue ₹38.50 lakhs, Net Profit ₹1.38 lakhs for Q1 FY27
  • House of Patels Ltd.: Revenue ₹Nil, Net Profit ₹0.00 lakhs for Q1 FY27

Important Notes

1. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 03, 2026.

2. The company completed buyback of 54,00,000 Equity Shares @ ₹20 per share for ₹10,80,00,000/- in July 2026.

3. Financial statements prepared in accordance with Indian Accounting Standards (Ind AS).

4. The company emphasizes maintaining high standards of Corporate Governance.