Patel Integrated Logistics Q1 FY27 Results and CFO Change

Date: August 12, 2026 and August 03, 2026

Mr. Mahesh Fogla was re-designated from Executive Director and Chief Financial Officer (CFO) to Non-Executive Non-Independent Director effective from closing business hours of Monday, August 03, 2026
Consequently, Mr. Mahesh Fogla ceased to hold the office of Chief Financial Officer (Key Managerial Personnel) and Whole Time Director (Key Management Personnel) of the Company
Mr. Mahesh Fogla shall continue as a Director on the Board in the capacity of Non-Executive Non-Independent Director, liable to retire by rotation if applicable
Mr. Mahesh Fogla is not related to any Director of the Company

The Board of Directors at its meeting held on Monday, August 03, 2026 (12:30 PM to 4:30 PM) approved:

Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ended on 30th June, 2026 along with the Limited Review Report issued by the Statutory Auditors
Re-designation of Mr. Mahesh Fogla from Executive Director and CFO to Non-Executive Non-Independent Director

Income from Operations: ₹113.47 crore (Previous quarter: ₹96.63 crore, Year-ago quarter: ₹77.98 crore)
Total Income: ₹114.21 crore
Total Expenses: ₹111.68 crore
Profit before tax: ₹2.52 crore (Previous quarter: ₹3.71 crore, Year-ago quarter: ₹1.64 crore)
Tax Expense: ₹0.52 crore (Current tax: ₹0.50 crore, Excess/short provision: ₹0.02 crore)
Net Profit for the period: ₹2.51 crore (Previous quarter: ₹2.99 crore, Year-ago quarter: ₹1.64 crore)
Total Comprehensive Income: ₹2.46 crore
Paid-up Equity Share Capital: ₹69.59 crore (Face Value: ₹10 per share)

Co-loading of Air Freight Division: Revenue ₹132.46 crore, Segment Results ₹2.61 crore
Others: Revenue ₹1.29 crore, Segment Results (₹0.27 crore)

Income from Operations: ₹113.85 crore (Previous quarter: ₹96.74 crore, Year-ago quarter: ₹77.98 crore)
Total Income: ₹114.59 crore
Total Expenses: ₹112.05 crore
Profit before tax: ₹2.54 crore (Previous quarter: ₹3.70 crore, Year-ago quarter: ₹1.64 crore)
Tax Expense: ₹0.17 crore
Net Profit for the period: ₹2.52 crore
Share of Profit of Subsidiary: ₹0.00 crore
Profit after Tax and Share of Subsidiary: ₹2.52 crore
Total Comprehensive Income: ₹2.48 crore
Net Profit attributable to Owners of the Company: ₹2.51 crore
Paid-up Equity Share Capital: ₹69.59 crore

Rajpat Logistics Pvt. Ltd.: Total revenue from operations of ₹38.50 lakh and net profit after tax of ₹1.38 lakh
House of Patels Ltd.: Total revenue from operations of ₹Nil and net profit after tax of ₹0.00 lakh

Co-loading of Air Freight Division: Revenue ₹132.46 crore, Segment Results ₹2.61 crore
Others: Revenue ₹1.75 crore, Segment Results (₹0.24 crore)

The company successfully completed buyback of 54,00,000 Equity Shares @ ₹20 per share for ₹10,80,00,000/- in July 2026
The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS)
The company states it follows the highest level of Corporate Governance