Date: 24th September, 2026
Financial Results (Standalone & Consolidated)
Income from Operations increased to ₹357.14 crore in FY 2025–26 from ₹342.69 crore in FY 2024–25.
Profit After Tax (PAT) increased to ₹9.60 crore, compared with ₹7.60 crore in the previous year.
Total Comprehensive Income increased to ₹9.85 crore, compared with ₹6.77 crore in FY 2024–25.
Profit Before Tax increased to ₹10.31 crore from ₹7.67 crore.
Net Worth stood at ₹123.51 crore, compared with ₹121.66 crore in the previous year.
Basic EPS increased to ₹1.38, compared with the earlier reported ₹1.13, and Diluted EPS stood at ₹1.38.
The Company's Debt-Equity Ratio improved to 0.05 from 0.11, reflecting the reduction in borrowings through internal accruals.
Dividend Declaration or Non-Declaration
The Board of Directors has recommended a final dividend of ₹0.20 per equity share of ₹10 each, representing 2% of the equity share capital, subject to approval by the Members at the ensuing Annual General Meeting.
The Board had initially recommended a dividend of ₹0.40 per share (4%) on 12 May 2026, which was subsequently revised to ₹0.20 per share (2%) on 24 August 2026.
The dividend recommendation was made after considering the Company's long-term growth objectives and the need for conservation of resources.
Other Operational / Legal / Strategic Disclosures
Business Performance and Strategy:
The air cargo business registered satisfactory growth during FY 2025–26 despite challenges in the business environment.
The Company ventured into surface transportation business through its newly formed subsidiary, Rajpat Logistics Private Limited.
The Company continues to focus on operational efficiency, technology, customer service and prudent cost management.
The Company is evaluating appropriate utilisation of its properties to create further opportunities.
Debt Management:
The Company has reduced finance costs by repaying loans from various banks and continuing discussions with lenders for further reduction in interest costs.
The Company has maintained regular repayment of its banking facilities, with no overdue instalments as at the reporting date.
Industry Context:
India's air-cargo traffic reached 3.96 million tonnes in FY 2025–26, growing 6.2% year-on-year.
Domestic air freight grew 7.4%, while international freight grew 5.4%.
E-commerce, pharmaceuticals, electronics and perishables continue to drive air-cargo demand.
Government initiatives such as PM GatiShakti, National Logistics Policy and UDAN are strengthening logistics infrastructure.
India's Logistics Performance Index ranking improved to 38th in 2023, from 54th in 2014.
KMP / Board / Auditor Changes
Not Specified
Board Meeting Outcomes
Not Specified
Disinvestment / Strategic Actions
Not Specified