Key Financial Figures - Standalone (₹ in Lakhs)
Quarter Ended June 30, 2026 (Q1 FY27)
- Total Income: ₹12,933
- Total Expenses: ₹10,096
- Profit before exceptional items and tax: ₹2,837
- Exceptional Items: Recovery from Insurance Company/(Reversal of accrual): (₹117)
- Profit/(loss) before tax: ₹2,752
- Tax Expense: ₹91 (Current tax: ₹78, Current tax of earlier years: ₹24, Deferred tax: ₹13)
- Profit for the period: ₹2,746
- Other Comprehensive Income/(loss): (₹1,115)
- Total Comprehensive Income: ₹2,372
Comparative Performance
- Previous Quarter (Mar 31, 2026): Loss of ₹2,774
- Year-ago Quarter (Jun 30, 2025): Loss of ₹777
Key Financial Figures - Consolidated (₹ in Lakhs)
Quarter Ended June 30, 2026 (Q1 FY27)
- Revenue from operations: ₹10,245
- Other Income: ₹10,796
- Total Income: ₹21,041
- Total Expenses: ₹18,000
- Profit before exceptional items and tax: ₹3,041
- Exceptional Items: Recovery from Insurance Company/(Reversal of accrual): (₹117)
- Profit/(loss) after exceptional items: ₹3,041
- Share of profit/(loss) of joint venture: ₹0
- Profit before tax: ₹3,041
- Tax Expense: ₹77 (Current tax: ₹78, Current tax of earlier years: ₹24, Deferred tax: ₹23)
- Profit for the period: ₹2,951
- Other Comprehensive Income/(loss): (₹374)
- Total Comprehensive Income: ₹2,577
- Basic and diluted EPS: ₹13.44
Segment Reporting (Q1 FY27)
- Shipping Revenue: ₹2,119 | Operating Results: (₹3,332)
- Freight Forwarding Revenue: ₹8,053 | Operating Results: ₹1,226
- Others Revenue: ₹266 | Operating Results: ₹61
Operational Highlights
Fleet Renewal Plan Execution
Assets Held for Sale:
- Vessels 'SSL MUMBAI' and 'SSL THAMIRABARANI' approved for sale on 15th May 2026 and 25th May 2026 respectively
- Carrying amount: ₹8,780 lakhs (including related dry dock expenditure)
- Impairment loss recognized: ₹1,557 lakhs (difference between agreed sale consideration and carrying value)
- Delivery not completed as of June 30, 2026
Vessels Sold During Quarter:
- 'SSL KRISHNA': Sold/delivered on 8th April 2026
- 'SSL GODAVARI': Sold/delivered on 2nd June 2026
- 'SSL GUJARAT': Sold/delivered on 10th June 2026
- 'SSL BHARAT': Sold/delivered on 10th June 2026
- Net gain on sale of vessels: ₹10,512 lakhs (disclosed in Other Income)
Post-Balance Sheet Events:
- 26th July 2026: MOU for sale of 'SSL VISHAKHAPATTNAM' for US$ 3.1 million (approx. ₹2,952 lakhs) - sale not completed
- 4th August 2026: MOU for sale of 'SSL SABARIMALAI' for US$ 4.1 million (approx. ₹3,929 lakhs) - sale not completed
Corporate Structure Update
During previous year, acquired 100% equity ownership in:
- Transworld Integrated Logistek Private Limited (TILPL)
- Transworld Logistics Private Limited (TLPL)
Both became wholly owned subsidiaries effective 11 December 2025, accounted using pooling of interests method.
Additional Information
- Company has only one operating segment (shipping) for standalone financials
- Group operates in three business segments: Shipping, freight forwarding, and others
- Paid-up equity share capital: ₹2,196 lakhs (face value ₹10 per share)
- Results available on BSE, NSE, and company website