Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 we wish to inform that the Board of Directors of the company at their meeting held today i,e. Wednesday 11/02/2026 considered ....
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Awaiting price reaction for this filing.
The Board approved unaudited financial results for Q3 and nine months ended 31 December 2025. Net sales surged to ₹2,590.44 lakhs in Q3 FY26, more than doubling from ₹1,160.22 lakhs in Q3 FY25, while nine-month revenue rose nearly 192% to ₹6,504.81 lakhs from ₹2,229.09 lakhs. Profit after tax jumped to ₹81.19 lakhs in Q3 (from ₹33.15 lakhs) and to ₹142.67 lakhs for nine months (from ₹61.49 lakhs). The Board also appointed Mr. Hardik Dilipbhai Naygandhi as an Additional Independent Director for a five-year term and approved a vehicle lease agreement with Rajvi Cargo Movers Pvt Ltd and Mr. Bhupendrasinh Dalpatsinh Rana, which appears to be a related-party transaction. Limited review by statutory auditors was clean, with no modifications.
Very strong revenue and profit growth indicate a sharp ramp-up in the logistics business, likely positive for the stock. However, the vehicle lease deal with a related entity should be watched closely to ensure it is on arm's-length terms, and the recent increase in paid-up equity capital suggests a capital raise occurred during the year.