In terms of Regulation 33 and Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like to inform to you ....
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Trade Wings Limited's board met on August 11, 2025 and approved Q1 FY26 (ended June 30, 2025) unaudited financial results. On a consolidated basis, revenue from operations rose to Rs 6,759.59 lakhs (from Rs 6,585.83 lakhs a year ago), and the company swung back to a profit after tax of Rs 15.78 lakhs versus a loss of Rs 108.08 lakhs in Q1 FY25. Standalone performance was still marginally in the red with a small loss of Rs 0.57 lakhs on revenue of Rs 6,055.66 lakhs. The board also appointed M/s A N Shah & Associates as statutory auditors for a five-year term (subject to shareholder approval) and finalised the directors' report and AGM for FY25. The auditor's limited review report was unqualified with no qualifications or emphasis-of-matter.
Q1 results show a turnaround from year-ago losses at the consolidated level, aided by the hotel subsidiary, though the standalone travel business remains barely profitable and reserves are negative, signalling past accumulated losses. The auditor change is routine pending AGM approval and is unlikely to move the stock on its own.