Board Meeting Details

The Board of Directors meeting was held on July 31, 2026, commencing at 10:35 a.m. (IST) and concluding at 11:59 a.m. (IST).

Key Financial Results (Consolidated)

Quarter Ended June 30, 2026 (Q1 FY27)

  • Revenue from operations: ₹1,358.12 crore
  • Other Income: ₹21.06 crore
  • Total Income: ₹1,379.18 crore
  • Employee benefits expense: ₹123.56 crore
  • Finance costs: ₹7.67 crore
  • Depreciation and amortization expense: ₹39.76 crore
  • Other expenses: ₹1,142.79 crore
  • Total Expenses: ₹1,313.78 crore
  • Profit before tax: ₹65.40 crore
  • Tax expense: ₹0.00 crore (Current tax: ₹0.00, Deferred tax: ₹0.00)
  • Profit for the period: ₹65.40 crore
  • Other comprehensive income: ₹0.03 crore (Actuarial gain on remeasurement of defined employee benefit plans)
  • Total comprehensive income: ₹65.43 crore
  • Paid up equity share capital: ₹585.08 crore (Face value of ₹10 each)
  • Basic EPS: ₹1.11
  • Diluted EPS: ₹1.10

Comparative Financials

Vs. Q1 FY26 (June 30, 2025):

  • Revenue growth: 65% (from ₹823.54 crore)
  • Net profit growth: 715% (from ₹8.02 crore)
  • EPS growth: 633% (Basic EPS from ₹0.16)

Vs. Q4 FY26 (March 31, 2026):

  • Revenue growth: 9.8% (from ₹1,237.09 crore)
  • Net profit growth: 17.1% (from ₹55.83 crore)

Key Financial Results (Standalone)

Quarter Ended June 30, 2026

  • Revenue from operations: ₹1,323.85 crore
  • Other Income: ₹21.03 crore
  • Total Income: ₹1,344.88 crore
  • Employee benefits expense: ₹114.41 crore
  • Finance costs: ₹7.26 crore
  • Depreciation and amortization expense: ₹37.43 crore
  • Other expenses: ₹1,119.58 crore
  • Total Expenses: ₹1,278.68 crore
  • Profit before tax: ₹66.20 crore
  • Tax expense: ₹0.00 crore
  • Profit for the period: ₹66.20 crore
  • Other comprehensive income: ₹0.03 crore
  • Total comprehensive income: ₹66.23 crore
  • Paid up equity share capital: ₹585.08 crore
  • Basic EPS: ₹1.13
  • Diluted EPS: ₹1.11

Management Changes

  • Mr. Nitesh Lohiya, Chief Product Officer (categorized as Senior Management Personnel), resigned effective from close of business hours on August 07, 2026.

Corporate Actions and Developments

IPO Completion (Previous Quarter)

  • Completed IPO of 153,812,014 equity shares (face value ₹10 each) at issue price of ₹124 per share
  • Issue comprised: Fresh issue of 80,645,160 shares + Offer for sale of 73,166,854 shares
  • Fresh issue included allotment of 126,960 equity shares to employees at ₹124 per share
  • Total offer size: ₹1,907.27 crores

Subsidiary Acquisition

  • During previous quarter (Q4 FY26): Acquired additional 10.41% stake in Criticalog India Private Limited for ₹5.69 crores
  • During current quarter (Q1 FY27): Acquired balance 10.42% stake for ₹7.61 crores
  • Criticalog India Private Limited is now a wholly-owned subsidiary

Segment Information

The Group operates in a single segment: 'logistics and delivery services'.

Entity Information

  • Company Secretary & Compliance Officer: Krishnakanth Venkata Gangavarapu (ICSI Membership No. A17291)
  • Chairman, Managing Director & CEO: Abhishek Bansal
  • Statutory Auditors: B S R & Co. LLP (Partner: Ashish Chadha, Membership No.: 500160)