Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting and Submission of Unaudited Financial Results

Audit Opinion:

Clean (Unqualified) - Limited Review Report states no material misstatement found

Auditor’s Comment:

Statutory auditors issued limited review report with no qualifications. Financial results of one foreign subsidiary (reflecting total revenue of Rs. Nil, net loss after tax of Rs. 0.01 million) were not reviewed by its auditors but were considered not material to the Group.

Key Financial Highlights [₹ in millions]:

Standalone Results:

For Quarter ended September 30, 2026:

  • Revenue from Operations: ₹2,194.29 (QoQ: +10.1% from ₹1,992.57 in Q1 FY27; YoY: +35.3% from ₹1,621.88 in Q2 FY26)
  • Total Income: ₹2,273.16
  • Net Profit: ₹364.39 (QoQ: -18.7% from ₹448.40 in Q1 FY27; YoY: -14.6% from ₹427.00 in Q2 FY26)
  • EPS: ₹2.24 (Basic and Diluted)
  • Other Equity: ₹7,165.07
  • Cash and Cash Equivalents: ₹17.21
  • Debt: Short-term borrowings ₹1,307.48; Long-term borrowings ₹1,004.53; Total ₹2,312.01

For Half Year ended September 30, 2026:

  • Revenue from Operations: ₹4,186.86 (YoY: +29.5% from ₹3,233.82 in H1 FY26)
  • Total Income: ₹4,350.67
  • Net Profit: ₹812.79 (YoY: +1.7% from ₹799.08 in H1 FY26)
  • EPS: ₹4.99 (Basic and Diluted)

Consolidated Results:

For Quarter ended September 30, 2026:

  • Revenue from Operations: ₹2,261.78 (QoQ: +8.3% from ₹2,088.49 in Q1 FY27; YoY: +39.4% from ₹1,621.88 in Q2 FY26)
  • Total Income: ₹2,339.43
  • Net Profit: ₹368.28 (QoQ: -16.8% from ₹442.86 in Q1 FY27; YoY: -13.8% from ₹427.00 in Q2 FY26)
  • EPS: ₹2.26 (Basic and Diluted)
  • Other Equity: ₹7,130.51
  • Cash and Cash Equivalents: ₹34.65
  • Debt: Short-term borrowings ₹1,307.48; Long-term borrowings ₹1,357.13; Total ₹2,664.61

For Half Year ended September 30, 2026:

  • Revenue from Operations: ₹4,350.27 (YoY: +34.5% from ₹3,233.82 in H1 FY26)
  • Total Income: ₹4,512.87
  • Net Profit: ₹811.14 (YoY: +1.5% from ₹799.06 in H1 FY26)
  • EPS: ₹4.98 (Basic and Diluted)

Segment-wise Performance [₹ in millions]:

The company operates in one business segment: Shipping & Logistics Services, with geographic segmentation:

For Quarter ended September 30, 2026:

  • Within India: ₹2,143.86
  • Outside India: ₹50.43
  • IFSC Unit in India: ₹67.49
  • Total: ₹2,261.78

For Half Year ended September 30, 2026:

  • Within India: ₹4,034.43
  • Outside India: ₹152.43
  • IFSC Unit in India: ₹163.41
  • Total: ₹4,350.27

Corporate Actions:

  • Approved sub-division/split of existing 1 equity share of face value ₹10 each into 5 equity shares of face value ₹2 each
  • Subject to approval of shareholders through Postal Ballot and regulatory/statutory approvals
  • Record date to be intimated later
  • Approved alteration of Capital Clause (Clause 5) of Memorandum of Association
  • Approved draft Postal Ballot Notice and calendar of events
  • Appointed M/s SCS and Co. LLP (LLPIN: AAV-1091) as Scrutinizer for postal ballot process
  • Appointed National Securities Depository Limited (NSDL) as Remote e-voting agency

Other Significant Information:

IPO Proceeds Utilization (as of September 30, 2026):

  • Total IPO proceeds: ₹3,698.80 million (net of provisional IPO expenses of ₹408.30 million)
  • Acquisition of Dry Bulk Carriers: ₹0 utilized out of ₹2,511.79 million allocated
  • Repayment/prepayment of loan: ₹230.00 million utilized out of ₹230.00 million allocated
  • General corporate purposes: ₹957.00 million utilized out of ₹957.01 million allocated
  • Unutilized amount: ₹2,511.80 million temporarily invested in deposits

Legal Contingencies:

  • Outstanding trade receivable of USD 1.03 million (₹96.01 million) from settlement agreement relating to charter hire services
  • Ongoing admiralty suit before Gujarat High Court regarding vessel charter-cum-sale agreements
  • Original claim: ₹1,182.09 million (sought to be revised to ₹6,289.27 million but not accepted by court)
  • Vessels arrested with security of ₹471.55 million in bank guarantees furnished for release of two vessels
  • No provision made based on legal advice and management assessment

Corporate Guarantee:

  • Corporate guarantee of ₹2,630 million provided on behalf of Shreeji Coke and Energy Private Limited ceased to exist during the quarter

Entities in Consolidation:

  • Parent: Shreeji Shipping Global Limited
  • Wholly owned subsidiaries: USL Lanka Logistics (Private) Limited, Shreeji Global IFSC Private Limited
  • Subsidiary: Shreeji Tisha Maritime Private Limited
  • Joint venture: Shreeji Nuravi Chuperbhita Simlong Mines Private Limited