September quarter profit rises; auditor modifies review conclusion

EBITDA margin expansionResults View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.0%Reaction day

₹17.34

prior close

₹17.05

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-3.4% vs market

Logistics Solution Provider peers, median of 42sector+0.2%-3.2% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 3.2 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.0+0.4-3.4+0.2-3.2

Next day

-3.1+2.1-5.2+0.2-3.3

-5.9+2.2-8.1+0.4-6.3

-5.8+2.9-8.6+2.0-7.8

-8.3+0.3-8.6+0.2-8.5

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+0.1+4.2-4.1+3.8-3.7

15d

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 42Pending

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AI summary

For the quarter and six months ended 30 September 2026, operating revenue was Rs 76.27 crore and Rs 151.86 crore, up 7.8% and 8.6% year on year. Net profit was Rs 2.15 crore and Rs 4.17 crore, up 18.5% and 15.8%. Operating cash flow for the six months was positive at Rs 0.91 crore. The auditor modified its review conclusion due to observations, but the full explanation is cut off. Utkarsh Jain changed to a non-executive, non-independent director.

Likely market impact

Profit growth supports sentiment, but the modified review conclusion may weigh on it; operating cash flow of Rs 0.91 crore is modest.

By the numbersStandalone · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹76.27 Cr	₹70.75 Cr	+7.8%
Operating profit	₹2.20 Cr	−₹0.23 Cr	turned positive
Profit after tax	₹2.15 Cr	₹1.82 Cr	+18.5%
EBITDA margin	6.9%	4.0%	+2.9 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.