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Awaiting price reaction for this filing.
Flomic Global Logistics' board, meeting on 14th November 2025, approved the unaudited financial results for Q2 and H1 FY26 (ended 30 September 2025) along with the auditor's limited review report. Revenue from operations for Q2 stood at ₹11,372.46 lakhs, down from ₹13,650.91 lakhs in the same quarter last year. The company swung to a net loss of ₹101.36 lakhs in Q2 FY26, compared to a profit of ₹119.41 lakhs in Q2 FY25, with H1 FY26 loss at ₹399.15 lakhs versus a profit of ₹62.67 lakhs last year. Basic EPS for the quarter was ₹(0.56) versus ₹0.66 earlier. The board also appointed Mr. Anthonypaul Kennedy Chettiar as an Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval. Total assets declined to ₹19,266.17 lakhs from ₹20,934.71 lakhs as on 31 March 2025.
The year-on-year revenue decline and the swing from profit to loss in both Q2 and H1 FY26 are negative signals for shareholders, indicating weakening operating performance. The independent director appointment is routine governance and is unlikely to move the stock on its own.