Date: 14.11.2026

Financial Performance Summary

Q2 FY27 Financial Highlights (Consolidated)

  • Revenue from Operations: ₹1,311.45 Cr, up 90.3% YoY (Q2 FY26: ₹689.19 Cr)
  • Total Income: ₹1,316.62 Cr, up 88.8% YoY (Q2 FY26: ₹697.21 Cr)
  • EBITDA: ₹58.47 Cr, up 96.0% YoY (Q2 FY26: ₹29.83 Cr)
  • EBITDA Margin: 4.46%, expanded by 13 bps YoY (Q2 FY26: 4.33%)
  • Profit After Tax (PAT): ₹33.18 Cr, up 129.6% YoY (Q2 FY26: ₹14.45 Cr)
  • PAT Margin: 2.53%, expanded by 43 bps YoY (Q2 FY26: 2.10%)
  • Total Comprehensive Income: ₹35.37 Cr, up 127.4% YoY (Q2 FY26: ₹15.56 Cr)
  • Basic EPS: ₹1.91, up 169.0% YoY (Q2 FY26: ₹0.71)

H1 FY27 Financial Highlights (Consolidated)

  • Revenue from Operations: ₹2,527.99 Cr, up 90.3% YoY (H1 FY26: ₹1,328.20 Cr)
  • Total Income: ₹2,541.79 Cr, up 89.6% YoY (H1 FY26: ₹1,340.72 Cr)
  • EBITDA: ₹108.60 Cr, up 90.0% YoY (H1 FY26: ₹57.15 Cr)
  • EBITDA Margin: 4.30% (flat YoY)
  • Profit After Tax (PAT): ₹59.97 Cr, up 135.5% YoY (H1 FY26: ₹25.46 Cr)
  • PAT Margin: 2.37%, expanded by 46 bps YoY (H1 FY26: 1.92%)
  • Basic EPS: ₹3.60, up 166.7% YoY (H1 FY26: ₹1.35)

Standalone Performance (Q2 FY27)

  • Revenue from Operations: ₹704.10 Cr (Q2 FY26: ₹342.97 Cr)
  • Profit for the Period: ₹22.59 Cr (Q2 FY26: ₹8.85 Cr)
  • Basic EPS: ₹1.81 (Q2 FY26: ₹0.73)

Operational and Business Highlights

Market Position and Performance

  • Maintains position as India's No. 1 Air Exports Logistics Solutions Provider (LSP) as per WorldACD
  • Market share in Indian air export market increased from 6.2% to 6.3% during the quarter
  • Global ranking improved to No. 42 worldwide in air cargo (up two places from No. 44 last quarter)
  • Handled 51,115 tons of air cargo across offices in India and 11 other countries in H1 FY27

Strategic Developments

  • Technology integration: Deeper integration of digital capabilities and technology-led processes across business verticals
  • Qatar Airways agreement renewal: Renewed Global Annual Agreement with Qatar Airways Group Q.C.S.C. as Agent, signed on 6th November 2026, effective from 1st January 2026 for one year term
  • Operational efficiencies: Wider technology adoption enhancing operational efficiencies and scalability

Dividend Declaration

  • Second interim dividend of ₹0.40 per equity share (4% of face value of ₹10 each) declared for FY 2026-27
  • Record date: Friday, 20th November 2026
  • Payment: Within 30 days of declaration

Management Commentary

Mr. Yashpal Sharma, Chairman, Managing Director & Chief Executive Officer, commented that India's logistics sector is at an exciting inflection point with rising exports, new airports and infrastructure-led reforms creating strong tailwinds. The company is using technology solutions to integrate air, ocean, express, cross border customs brokerage, and trucking customer needs, providing customers with speed, visibility and better inventory control. Management remains optimistic about short-term and long-term growth prospects.

Company Overview

Skyways Air Services Ltd. is an Integrated Logistics company headquartered in New Delhi, founded in 1984. The company offers logistics solutions across air, ocean, trucking, and technology-led express delivery, backed by proprietary digital platforms. Key statistics:

  • Partnerships across 56 airlines
  • Presence in 12 countries
  • Express coverage of over 12,000 pin codes in India (through own and partner network)
  • Serves over 9,500 customers across 65 industries
  • Performance-based agreements with several leading global airlines