In terms of Regulation 30 read with part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ("the Listing Regulations"), we wish to inform ....
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The Board of Directors of Flomic Global Logistics Ltd approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025) at its meeting held on 12 August 2025. Revenue from Operations stood at Rs. 10,137.76 lakhs, down about 8.5% from Rs. 11,082.26 lakhs in the same quarter last year. Total expenses rose to Rs. 10,520.20 lakhs against Rs. 11,183.46 lakhs in Q1 FY25, but costs did not decline in line with revenue. The company reported a loss before tax of Rs. 329.84 lakhs, much wider than the Rs. 73.13 lakh loss in Q1 FY25. Net loss for the quarter stood at Rs. 297.79 lakhs (vs Rs. 56.73 lakhs loss YoY), translating to a loss per share of Rs. 1.64 (vs Rs. 0.31). The statutory auditor Doogar & Associates conducted a limited review of the results.
The results are negative for shareholders — revenue declined and losses widened sharply compared to the same quarter last year, indicating margin pressure and weak operating performance. This may weigh on short-term investor sentiment, though full-year trends will be more telling.