Shree Vasu Logistics Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
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Shree Vasu Logistics' Board met on August 13, 2025 and approved the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose about 47% year-on-year to ₹4,974.67 lakhs (vs ₹3,372.95 lakhs in Q1 FY25), driven by new business with quick commerce and e-commerce companies. Profit after tax jumped to ₹186.67 lakhs from ₹74.57 lakhs last year, with EPS rising to ₹1.62 from ₹0.65. Total expenses and finance costs also climbed sharply alongside the growth. The Board also approved the notice for the 19th AGM on September 25, 2025 (e-voting cut-off September 18, 2025) and appointed M/s. Krishna Veni & Associates as Secretarial Auditor for a 5-year term (FY26–FY30), subject to shareholder approval.
Strong YoY revenue and profit growth, led by the new quick commerce / e-commerce vertical, is a positive for shareholders, though rising finance costs and depreciation suggest higher leverage and capex. Watch the AGM on September 25 for shareholder approval of the new secretarial auditor.