Key Decisions Approved

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

1. Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report issued by the statutory auditors

2. Re-designation of Mr. Mahesh Fogla from Executive Director and Chief Financial Officer (CFO) to Non-Executive Non-Independent Director effective from closing business hours of August 03, 2026

Management Change Details

  • Reason for change: Re-designation from Executive Director and CFO to Non-Executive Non-Independent Director
  • Effective date: Monday, August 03, 2026
  • Consequence: Mr. Mahesh Fogla ceased to hold the office of Chief Financial Officer (Key Managerial Personnel) and Whole Time Director (Key Managerial Personnel) from the aforesaid date
  • Continuing role: Will remain on the Board as Non-Executive Non-Independent Director, liable to retire by rotation if applicable
  • Relationship disclosure: Mr. Mahesh Fogla is not related to any Director of the Company

Financial Results - Standalone (Rs. in Lakhs)

For quarter ended June 30, 2026:

  • Total Income: ₹11,385.08
  • Total Expenses: ₹11,168.43
  • Profit before tax: ₹252.27
  • Tax Expense: ₹1.71
  • Net Profit for the period: ₹250.56
  • Other Comprehensive Income: (₹4.39)
  • Total Comprehensive Income: ₹246.17
  • Paid-up Equity Share Capital: ₹6,958.57 (Face Value: ₹10 per share)

Comparative Standalone Performance:

| Period | Net Profit | Profit before tax |

| Q1 FY27 (Jun 2026) | ₹250.56 | ₹252.27 |

| Q4 FY26 (Mar 2026) | ₹299.21 | ₹370.97 |

| Q1 FY26 (Jun 2025) | ₹163.95 | ₹163.95 |

Segment-wise Performance - Standalone (Rs. in Lakhs)

Air Freight Division (Co-loading):

  • Q1 FY27 Revenue: ₹13,245.91
  • Q1 FY27 Segment Results: ₹260.90
  • Segment Assets: ₹10,855.10
  • Segment Liabilities: ₹3,824.86

Other Segments:

  • Q1 FY27 Revenue: ₹129.12
  • Q1 FY27 Segment Results: (₹26.68)
  • Segment Assets: ₹5,998.89
  • Segment Liabilities: ₹442.20

Financial Results - Consolidated (Rs. in Lakhs)

For quarter ended June 30, 2026:

  • Total Income: ₹11,458.52
  • Total Expenses: ₹11,204.87
  • Profit before tax: ₹253.65
  • Net Profit for the period: ₹251.94
  • Other Comprehensive Income: (₹4.39)
  • Total Comprehensive Income: ₹247.55
  • Paid-up Equity Share Capital: ₹6,958.57
  • Basic EPS: ₹0.36
  • Diluted EPS: ₹0.36

Subsidiary Performance (Reviewed by other auditors):

  • Rajpat Logistics Pvt. Ltd.: Revenue ₹38.50 Lakhs, Net Profit ₹1.38 Lakhs
  • House of Patels Ltd.: Revenue ₹Nil, Net Profit ₹0.00 Lakhs

Corporate Action

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