Consolidated Financial Performance (₹ in lakhs)
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹7,796.18
- Other Income: ₹26.43
- Total Income: ₹7,822.61
- Total Expenses: ₹7,248.47
- Profit Before Tax: ₹573.14
- Tax Expense: ₹112.24 (Current Tax: ₹148.15, Deferred Tax Credit: ₹(35.91))
- Profit After Tax: ₹460.90
- Other Comprehensive Income: ₹220.75
- Total Comprehensive Income: ₹681.65
- EPS (Basic & Diluted): ₹1.47
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹14,558.95
- Other Income: ₹107.65
- Total Income: ₹14,666.60
- Total Expenses: ₹13,552.18
- Profit Before Tax: ₹1,114.42
- Tax Expense: ₹174.48 (Current Tax: ₹200.63, Deferred Tax Credit: ₹(35.15))
- Profit After Tax: ₹939.94
- Other Comprehensive Income: ₹208.16
- Total Comprehensive Income: ₹1,148.10
- EPS (Basic & Diluted): ₹3.47
Standalone Financial Performance (₹ in lakhs)
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹3,360.16
- Other Income: ₹50.67
- Total Income: ₹3,410.83
- Total Expenses: ₹3,398.42
- Profit Before Tax: ₹12.41
- Tax Expense: ₹(9.42) (Current Tax: ₹26.49, Deferred Tax Credit: ₹(35.91))
- Profit After Tax: ₹21.83
- Other Comprehensive Income: ₹5.42
- Total Comprehensive Income: ₹27.25
- EPS (Basic & Diluted): ₹0.09
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹6,044.67
- Other Income: ₹102.23
- Total Income: ₹6,146.90
- Total Expenses: ₹6,102.12
- Profit Before Tax: ₹44.78
- Tax Expense: ₹3.34 (Current Tax: ₹38.49, Deferred Tax Credit: ₹(35.15))
- Profit After Tax: ₹41.44
- Other Comprehensive Income: ₹14.98
- Total Comprehensive Income: ₹56.42
- EPS (Basic & Diluted): ₹0.17
Key Financial Position (Consolidated)
As at September 30, 2026:
- Total Assets: ₹40,402.98 lakhs
- Total Equity: ₹30,913.17 lakhs
- Non-Current Liabilities: ₹455.52 lakhs
- Current Liabilities: ₹9,034.29 lakhs
- Paid-up Equity Share Capital: ₹2,411.67 lakhs
- Other Equity: ₹28,384.96 lakhs
Cash Flow Statements
Consolidated Half Year Cash Flows:
- Net Cash from Operating Activities: ₹113.70 lakhs
- Net Cash Used in Investing Activities: ₹(486.55) lakhs
- Net Cash Used in Financing Activities: ₹(88.40) lakhs
- Net Decrease in Cash: ₹(461.25) lakhs
Standalone Half Year Cash Flows:
- Net Cash from Operating Activities: ₹889.63 lakhs
- Net Cash Used in Investing Activities: ₹(886.60) lakhs
- Net Cash Used in Financing Activities: ₹(87.21) lakhs
- Net Decrease in Cash: ₹(84.18) lakhs
Subsidiary Information
The consolidated results include six subsidiaries: Auroscient Outsourcing Ltd, G.S Marketing Associates Private Limited, Trejhara Pte Ltd, LP Logistics Plus LLC, and Trejhara Logistics Services LLC. Three subsidiaries with significant financial impact (total assets ₹14,338.89 lakhs) were reviewed by other auditors. Two subsidiaries with assets of ₹2,315.41 lakhs were neither reviewed by the main auditor nor other auditors.
Significant Notes
1. Foreign Exchange Impact: Other expenses include foreign exchange loss of ₹(52.83) lakhs for Q2 and ₹(22.01) lakhs for H1 FY27 (compared to gains of ₹328.05 lakhs and ₹322.43 lakhs in respective periods last year)
2. Employee Stock Purchase Scheme: The Nomination and Remuneration Committee and Board approved "Trejhara Solutions Limited - Employees Stock Purchase Scheme, 2026" on May 21, 2026, subsequently approved by shareholders on August 16, 2026. The company is obtaining requisite stock exchange approvals.
3. Labor Code Implementation: Effective April 1, 2026, the company restructured employee compensation framework pursuant to four new Labor Codes introduced by the Government of India on November 21, 2025.
4. Segment Reporting: The company has a single reportable segment - logistics services, including software services to logistics companies. Exhibition services revenue did not meet quantitative thresholds for separate reporting.
Auditor's Review
Chokshi & Chokshi LLP issued unmodified limited review reports for both standalone and consolidated financial results, noting that nothing came to their attention causing them to believe the statements contain material misstatements.
Approval Process
The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on November 6, 2026.