Financial Results - Consolidated (Quarter Ended June 30, 2026)
- Revenue From Operations: ₹6,386.30 lakhs (compared to ₹5,694.15 lakhs in Q1 FY26)
- Other Income: ₹83.38 lakhs (compared to ₹124.63 lakhs in Q1 FY26)
- Total Income: ₹6,469.68 lakhs (compared to ₹5,818.78 lakhs in Q1 FY26)
- Total Expenses: ₹6,229.76 lakhs (including Employee Benefits: ₹321.33 lakhs, Financial Costs: ₹97.07 lakhs, Depreciation: ₹85.28 lakhs)
- Profit Before Tax: ₹239.92 lakhs (compared to ₹77.35 lakhs in Q1 FY26)
- Tax Expense: ₹84.34 lakhs (Current Tax: ₹58.68 lakhs, Deferred Tax: ₹25.66 lakhs)
- Profit for the Period: ₹155.58 lakhs (compared to ₹74.13 lakhs in Q1 FY26)
- Earnings Per Share (Basic & Diluted): ₹0.22 (Face Value ₹2 per share)
- Paid-up Equity Share Capital: ₹1,397.67 lakhs
Financial Results - Standalone (Quarter Ended June 30, 2026)
- Revenue From Operations: ₹6,020.12 lakhs (compared to ₹5,367.17 lakhs in Q1 FY26)
- Other Income: ₹81.12 lakhs (compared to ₹122.38 lakhs in Q1 FY26)
- Total Income: ₹6,101.24 lakhs (compared to ₹5,489.55 lakhs in Q1 FY26)
- Total Expenses: ₹5,875.76 lakhs (including Employee Benefits: ₹319.83 lakhs, Financial Costs: ₹97.07 lakhs, Depreciation: ₹85.28 lakhs)
- Profit Before Tax: ₹225.48 lakhs (compared to ₹54.80 lakhs in Q1 FY26)
- Tax Expense: ₹80.70 lakhs (Current Tax: ₹57.05 lakhs, Deferred Tax: ₹23.65 lakhs)
- Profit for the Period: ₹144.78 lakhs (compared to ₹57.88 lakhs in Q1 FY26)
- Earnings Per Share (Basic & Diluted): ₹0.21 (Face Value ₹2 per share)
- Paid-up Equity Share Capital: ₹1,397.67 lakhs
Director Appointments and Re-appointments
Re-appointments as Wholetime Directors (effective September 15, 2026, subject to AGM approval):
- Mr. Bipin C. Shah (DIN: 00280559) - 5 years, responsible for Fleet Management and Finance in Chennai
- Mr. Narendra C. Shah (DIN: 00268812) - 5 years, handles Fleet Maintenance, Marketing and Exim Divisions in Mumbai
- Mr. Rajnikant C. Shah (DIN: 00269109) - 5 years, responsible for finance control, accounts, due diligence and compliance in Mumbai
- Mr. Mukesh M. Shah (DIN: 00280536) - 5 years, handles administration, marketing, finance, customer accounts and compliance in Bangalore
- Mr. Mahendra C. Shah (DIN: 002689771) - 5 years, looks into Marketing and Operation departments in Mumbai
- Mr. Rupesh M. Shah (DIN: 00280547) - 5 years, responsible for customs trucking division, marketing, and Bangalore operations
New Appointment:
- Mr. Rajesh Manilal Joshi (DIN: 11770135) appointed as Additional Non-Executive Independent Director for 5 years effective August 12, 2026, subject to AGM approval. He is a Chartered Accountant with 31 years experience in auditing, taxation and financial consultancy.
Director Resignation
- Mr. Shailesh Surendra Kamdar (DIN: 07605986) resigned as Non-Executive Independent Director effective August 12, 2026 due to recent increase in other professional commitments.
- He confirmed no material reasons other than those provided in his resignation letter.
- He ceased to be Member of the Nomination and Remuneration Committee.
Board Meeting Details
- Meeting held on August 12, 2026
- Commenced at 4:00 PM and concluded at 5:35 PM
- Financial results reviewed by Audit Committee and approved by Board
Additional Information
- The company operates in single segment of Transport Service and Other Incidental Receipts
- No investor complaints received/pending as of June 30, 2026
- Other income includes ₹43.30 lakhs unrealised gains on investments, ₹3.14 lakhs realised loss from sale of securities, ₹14.42 lakhs interest income, and ₹11.26 lakhs profit on sale of asset
- All directors affirmed they are not debarred from holding director office by SEBI or any other authority