Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chartered Logistics reported a loss of ₹102.72 lakhs in Q3 FY26 (quarter ended 31-Dec-2025), swinging from a profit of ₹74.40 lakhs in the same quarter last year. Revenue from operations fell about 14% year-on-year to ₹1,737.50 lakhs (from ₹2,024.18 lakhs), while total expenses rose to ₹1,908.83 lakhs largely due to a sharp jump in other expenses to ₹171.88 lakhs (vs just ₹16.75 lakhs a year ago). For the first nine months of FY26, net profit dropped to ₹137.21 lakhs from ₹235.20 lakhs in the comparable period. The board also approved conversion of 69,00,000 warrants into an equal number of equity shares of ₹1 face value, resulting in equity dilution. The statutory auditor (Prakash Tekwani & Associates) issued an unqualified limited review report on both standalone and consolidated results.
Negative near-term sentiment likely — the company slipped into a quarterly loss with shrinking revenue, and the warrant conversion is dilutive for existing shareholders; however, equity base expansion to ₹1,271.40 lakhs may support future fundraising flexibility.