Revised outcome of Board Meeting alongwith financial result for the Quarter and Year end 31/03/2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
East West Freight Carriers Ltd reported a significant turnaround from profit to loss for FY 2025-26. Standalone revenue declined by 33% to Rs 18,173 lakhs from Rs 27,048 lakhs in the prior year. The company posted a standalone loss before tax of Rs 580 lakhs versus a profit of Rs 114 lakhs in FY 2024-25. Consolidated figures show revenue of Rs 20,163 lakhs (down from Rs 28,532 lakhs) and net loss of Rs 398 lakhs (versus profit of Rs 129 lakhs). The auditor issued an unmodified (clean) opinion on both standalone and consolidated results. The filing is a revision to include the CFO's declaration of the unmodified audit report which was inadvertently omitted from the initial submission.
The company swung from profit to loss with a sharp 33% revenue decline. The clean audit opinion provides some comfort, but the deteriorating financial performance is concerning for shareholders.