Pursuant to Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the ....
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The Board of East West Freight Carriers Ltd, at its meeting on 13 August 2025, approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Standalone revenue from operations fell sharply to Rs 5,346.41 lakhs from Rs 8,945.74 lakhs in the same quarter last year, a drop of about 40%. The company swung to a standalone net loss of Rs 53.01 lakhs compared to a profit of Rs 37.56 lakhs in Q1 FY25. On a consolidated basis, revenue dropped to Rs 5,655.71 lakhs from Rs 9,273.32 lakhs (~39% decline), with a consolidated net loss of Rs 32.15 lakhs against a profit of Rs 61.54 lakhs a year ago. The subsidiary Unique Air Freight Express & Logistics Pvt Ltd contributed Rs 312.19 lakhs in revenue and Rs 27.81 lakhs in profit. The statutory auditor, Mittal & Associates, issued an unmodified (clean) limited review report on both sets of results.
Sharp revenue contraction and a swing to losses signal operational stress and are likely negative for short-term stock sentiment; however, the clean auditor opinion removes any immediate governance concerns, and the subsidiary remains profitable.