Summary of Key Information:

Reporting Period (Quarter/Year): Fourth Quarter and Financial Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting comprising approval of audited financial results, dividend recommendation, management appointment, and ESOP grant

Date of Board Meeting / Approval: May 26, 2026 (commenced at 12:00 PM IST, concluded at 03:30 PM IST)

Audit Opinion: Unmodified opinion (clean)

Auditor's Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern

Key Financial Highlights [₹ in millions]

Standalone Results:

Revenue from Operations:

  • Q4 FY26: ₹11,277 (vs. Q4 FY25: ₹10,045 | +12.3% YoY)
  • FY26: ₹42,248 (vs. FY25: ₹39,359 | +7.3% YoY)

Total Income:

  • Q4 FY26: ₹11,404
  • FY26: ₹43,526

Net Profit:

  • Q4 FY26: ₹1,015 (vs. Q4 FY25: ₹905 | +12.2% YoY)
  • FY26: ₹4,440 (vs. FY25: ₹3,959 | +12.2% YoY)

EPS (not annualized):

  • Basic EPS Q4 FY26: ₹13.23 (vs. Q4 FY25: ₹11.73)
  • Diluted EPS Q4 FY26: ₹13.21 (vs. Q4 FY25: ₹11.70)
  • Basic EPS FY26: ₹57.89 (vs. FY25: ₹51.30)
  • Diluted EPS FY26: ₹57.78 (vs. FY25: ₹51.19)

Other Equity: ₹23,655 (FY25: ₹19,662)

Cash and Cash Equivalents: ₹883 (FY25: ₹327)

Debt: Not specifically disclosed in summary format

Consolidated Results:

Revenue from Operations:

  • Q4 FY26: ₹13,238 (vs. Q4 FY25: ₹11,788 | +12.3% YoY)
  • FY26: ₹49,168 (vs. FY25: ₹44,918 | +9.5% YoY)

Total Income:

  • Q4 FY26: ₹13,361
  • FY26: ₹49,650

Net Profit attributable to owners:

  • Q4 FY26: ₹1,236 (vs. Q4 FY25: ₹1,142 | +8.2% YoY)
  • FY26: ₹4,563 (vs. FY25: ₹4,125 | +10.6% YoY)

EPS (not annualized):

  • Basic EPS Q4 FY26: ₹16.12 (vs. Q4 FY25: ₹14.80)
  • Diluted EPS Q4 FY26: ₹16.09 (vs. Q4 FY25: ₹14.77)
  • Basic EPS FY26: ₹59.49 (vs. FY25: ₹53.43)
  • Diluted EPS FY26: ₹59.38 (vs. FY25: ₹53.32)

Other Equity: ₹25,506 (FY25: ₹21,394)

Cash and Cash Equivalents: ₹932 (FY25: ₹510)

Segment-wise Performance [₹ in millions]:

The company operates through four main segments:

1. Freight Division:

  • Q4 FY26 Revenue: ₹11,574
  • Q4 FY26 Segment Profit: ₹279

2. Supply Chain Solutions Division:

  • Q4 FY26 Revenue: Not separately quantified in summary
  • Q4 FY26 Segment Profit: ₹685

3. Seaways Division:

  • Q4 FY26 Revenue: Not separately quantified in summary
  • Q4 FY26 Segment Profit: ₹723

4. Energy Division:

  • Q4 FY26 Revenue: Not separately quantified in summary
  • Q4 FY26 Segment Profit: ₹18

Corporate Actions:

Dividend:

  • Recommended final dividend of ₹1 per equity share (50%) on face value of ₹2 each for FY26
  • Total dividend for FY26: ₹10 per share (500%) including interim dividend of ₹9 per share (450%) paid previously
  • Dividend will be paid within 30 days from conclusion of AGM

ESOP Grant:

  • Approved grant of 120,000 Employee Stock Options under Employee Stock Option Plan-2017 (9th Tranche)
  • Exercise price: ₹500 per equity share
  • Vesting schedule: Period 1 - 30%, Period 2 - 30%, Period 3 - 40%

Capital Changes:

  • Paid-up equity share capital increased by 16,810 equity shares (₹33,620) on exercise of stock options under ESOP 2017 Tranche V, VI, VII

Other Significant Information:

Exceptional Items:

  • FY25 Standalone Results included impairment allowance of investments amounting to ₹18 million

Audit Scope Limitations:

  • Financial results of three subsidiaries (representing Group's share of total assets ₹45.78 million) and one associate were unaudited but considered not material to the Group
  • Financial results of four subsidiaries and one joint venture were audited by their respective independent auditors

Cash Flow Highlights [FY26, ₹ in millions]:

  • Net cash from operating activities: Standalone ₹4,324; Consolidated ₹4,444
  • Net cash used in investing activities: Standalone ₹(3,446); Consolidated ₹(3,671)
  • Net cash used in financing activities: Standalone ₹(322); Consolidated ₹(351)
  • Net increase in cash & cash equivalents: Standalone ₹556; Consolidated ₹422