Financial Performance Summary

Consolidated Results (Q1 FY27 vs Q1 FY26):

  • Revenue from Operations: INR 1,216.53 crore (up 92.9% from INR 630.91 crore)
  • Total Income: INR 1,225.17 crore (up 90.4% from INR 643.50 crore)
  • EBITDA: INR 49.94 crore (up 82.6% from INR 27.35 crore)
  • Profit After Tax (PAT): INR 26.79 crore (up 143.3% from INR 11.01 crore)
  • Total Comprehensive Income: INR 27.17 crore (up 146.8% from INR 11.01 crore)
  • Basic EPS: INR 1.69 (compared to INR 0.60 in same quarter previous year)

Standalone Results (Q1 FY27 vs Q1 FY26):

  • Revenue from Operations: INR 675.86 crore (up 110.1% from INR 321.78 crore)
  • Total Income: INR 681.68 crore (up 109.2% from INR 325.93 crore)
  • EBITDA: INR 27.61 crore (up 86.9% from INR 14.77 crore)
  • Profit After Tax (PAT): INR 14.05 crore (up 112.0% from INR 6.63 crore)
  • Total Comprehensive Income: INR 14.12 crore (up 107.9% from INR 6.79 crore)
  • Basic EPS: INR 1.21 (compared to INR 0.59 in same quarter previous year)

Operational Highlights

Skyways maintained its No. 1 position in Air Freight Forwarding in India. The company advanced to number 44 globally in air cargo operations (from an unspecified previous ranking). Domestic market share increased from 5.9% last quarter to 6.2% this quarter.

Dividend Declaration

The Board of Directors declared the Company's first interim dividend since its listing of INR 0.25 per equity share (2.5%) of face value INR 10 each for FY 2026-27. The record date is fixed as Friday, October 9, 2026. The dividend will be paid within 30 days from the date of declaration.

Management Commentary

Mr. Yashpal Sharma, Chief Executive Officer & CMD, commented that India's logistics sector is at an exciting inflection point, backed by strong GDP growth, rising consumption, manufacturing expansion, e-commerce penetration and continued infrastructure-led reforms. He noted that air cargo remains a critical enabler for high-value and time-sensitive sectors such as pharmaceuticals, electronics, e-commerce and exports.

Business Overview

Skyways Air Services Ltd. is an integrated logistics company headquartered in New Delhi, founded in 1984. The company offers air and ocean freight forwarding, customs brokerage, trucking, warehousing and technology-led express delivery. The company has partnerships across 56 airlines, presence in 12 countries, and express coverage of over 1,200 pin codes in India. Skyways serves more than 9,500 customers across 65 industries.