Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting comprising reviewed financial results and buyback approval

Date of Board Meeting / Approval: August 4, 2026

Audit Opinion: Clean (Unmodified conclusion in the limited review report)

Auditor's Comment: Walker Chandiok & Co LLP stated that nothing has come to their attention that causes them to believe the statement contains any material misstatement.

Key Financial Highlights (₹ in lakhs)

Standalone Results:

Revenue from Operations: ₹87,884 (Q1 FY27) vs ₹74,434 (Q1 FY26) - 18.1% YoY increase

Total Income: ₹88,482 (Q1 FY27) vs ₹75,083 (Q1 FY26)

Net Profit: ₹8,053 (Q1 FY27) vs ₹5,004 (Q1 FY26) - 60.9% YoY increase

EPS: ₹4.60 (Basic and diluted, not annualized)

Other Equity: Not specified for current quarter

Cash and Cash Equivaleents: Not specified

Debt: Not specified

Expense Breakdown:

  • Freight, handling and servicing cost: ₹52,199
  • Employee benefits expense: ₹15,364
  • Finance costs: ₹2,269
  • Depreciation and amortisation expense: ₹6,235
  • Other expenses: ₹1,663

Tax Expense: ₹2,699 (Current tax: ₹2,730, Deferred tax: ₹31, Tax relating to earlier years: ₹-)

Consolidated Results:

Not applicable - The Company does not have any subsidiary/associate/joint venture as at 30 June 2026.

Segment-wise Performance:

The Company operates as a single segment in goods transport and courier services. The Chief Operating Decision Maker (CODM) reviews the Company's performance as a single segment. The entire operations of the Company in terms of location of assets are within India.

Corporate Actions:

Buyback Approval: The Board approved a proposal to buy back not exceeding 87,50,000 fully paid-up equity shares (5.00% of total equity shares) through tender offer route at ₹320 per share for an aggregate amount not exceeding ₹28,000 lakhs (₹280 crore).

Buyback Details:

  • Price: ₹320 per equity share
  • Maximum shares: 87,50,000 (5.00% of paid-up capital)
  • Maximum amount: ₹28,000 lakhs
  • Represents 24.51% of aggregate paid-up capital and free reserves as per audited financial statements as at March 31, 2026
  • 15% of shares reserved for small shareholders
  • Promoters and promoter group will NOT participate
  • Subject to shareholder approval via special resolution through postal ballot

Bonus Issue History: The Board had approved and implemented a 1:1 bonus issue in August 2025, increasing paid-up capital from 87,468,495 shares to 174,936,990 shares of ₹10 each.

Other Significant Information:

  • The Board constituted a Buy Back Committee with delegated powers
  • Pre-Buy Back shareholding as on July 31, 2026 was provided as Annexure 2
  • The Board meeting commenced at 10:30 AM and concluded at 12:45 PM