Revision Details

The company submitted a revised press release on September 18, 2026, to correct an inadvertent clerical error in the "Revenue from Operations under Consolidated Q1 FY26 as mentioned in Q1 FY27 Financial Highlights" figure. The incorrect figure of ₹630.91 Crore has been corrected to ₹639.01 Crore. The company clarified that this was purely a typographical error and there are no changes to any other information in the press release.

Q1 FY27 Financial Performance (Consolidated)

  • Revenue from Operations: ₹1,216.53 Crore, up 92.9% YoY from ₹639.01 Crore in Q1 FY26
  • Total Income: ₹1,225.17 Crore, up 90.4% YoY from ₹643.50 Crore in Q1 FY26
  • EBITDA: ₹49.94 Crore, up 82.6% YoY from ₹27.35 Crore in Q1 FY26
  • Profit for the Period (PAT): ₹26.79 Crore, up 143.3% YoY from ₹11.01 Crore in Q1 FY26
  • Total Comprehensive Income: ₹27.17 Crore, up 146.8% YoY from ₹11.01 Crore in Q1 FY26
  • Basic EPS: ₹1.69, compared to ₹0.60 in Q1 FY26

Q1 FY27 Financial Performance (Standalone)

  • Revenue from Operations: ₹675.86 Crore, up 110.1% YoY from ₹321.78 Crore in Q1 FY26
  • Total Income: ₹681.68 Crore, up 109.2% YoY from ₹325.93 Crore in Q1 FY26
  • EBITDA: ₹27.61 Crore, up 86.9% YoY from ₹14.77 Crore in Q1 FY26
  • Profit for the Period (PAT): ₹14.05 Crore, up 112.0% YoY from ₹6.63 Crore in Q1 FY26
  • Total Comprehensive Income: ₹14.12 Crore, up 107.9% YoY from ₹6.79 Crore in Q1 FY26
  • Basic EPS: ₹1.21, compared to ₹0.59 in Q1 FY26

Operational Highlights

  • Maintained No. 1 position in Air Freight Forwarding in India
  • Advanced to number 44 globally in air cargo operations
  • Domestic market share increased from 5.9% last quarter to 6.2% this quarter

Corporate Action

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

Management Commentary

Mr. Yashpal Sharma, Chief Executive Officer & CMD, commented on strong GDP growth, rising consumption, manufacturing expansion, e-commerce penetration and infrastructure-led reforms driving India's logistics sector. He highlighted air cargo as critical for high-value and time-sensitive sectors including pharmaceuticals, electronics, e-commerce and exports.

Company Background

Skyways Air Services Ltd. (BSE: 544890 | NSE: SKYWAYS) 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. Key statistics include:

  • Partnerships across 56 airlines
  • Presence in 12 countries
  • Express coverage of over 1,200 pin codes in India
  • Serves more than 9,500 customers across 65 industries