Approval of the Unaudited Standalone & Consolidated financial result for the Quarter and Half year ended 30th September, 2025 alongwith the Limited Review Report, pursuant to Regulation ....
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Awaiting price reaction for this filing.
East West Freight Carriers Ltd reported a weak set of numbers for Q2 FY26 and H1 FY26. Standalone revenue from operations fell to Rs. 5,098 lakhs in Q2 FY26 from Rs. 6,490 lakhs in Q2 FY25, a drop of about 21%. For the half-year, revenue shrank to Rs. 10,445 lakhs from Rs. 15,436 lakhs, a 32% YoY decline. The company slipped into a loss, posting a standalone loss before tax of Rs. 317 lakhs in H1 FY26 versus a profit of Rs. 88 lakhs a year ago, with a net loss of Rs. 238 lakhs (vs. profit of Rs. 38 lakhs). Consolidated results also showed a loss of around Rs. 190 lakhs at the PBT level. The auditor (Mittal & Associates) issued a clean, unmodified limited review opinion. The board also promoted Mr. Jignesh Mistry to COO effective 1 November 2025.
Negative for shareholders — sharp revenue contraction and a swing to losses signal significant business slowdown, likely putting pressure on the stock price. Investors should watch for management commentary on the cause of the steep H1 decline and the path to recovery.