Enclosed along are the Standalone and Consolidated unaudited quarterly results for the quarter ended 31/12/2025 along with the limited review report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Velox Shipping & Logistics filed its Q3 FY26 and 9M FY26 results, both standalone and consolidated. On a standalone basis, the company earned Rs 25.53 lakh profit in Q3 (up from Rs 6.55 lakh a year ago) and Rs 62.55 lakh for the 9-month period (up from Rs 14.02 lakh last year). Standalone revenue from operations remains nil — all income is from 'other income' such as interest or investments. On a consolidated basis, after acquiring a 98% stake in Anchorage Shipping effective December 1, 2025, the company reported its first-ever operating revenue of Rs 344.27 lakh in Q3, with consolidated PAT of Rs 55.54 lakh for the quarter and Rs 92.56 lakh for 9M. The company also signed an agreement to acquire 98% in International Logistics Associates LLC and CCSL Dubai, and shareholders approved raising the authorised share capital from Rs 13 crore to Rs 40 crore, along with the issue of up to 2.83 crore convertible warrants to non-promoter entities on a preferential basis.
The results mark a major business transformation from a shell-like entity to an operating shipping and logistics business via acquisitions, but shareholders should watch for equity dilution from the large convertible warrant issuance and the fact that the standalone business is still not generating operating revenue.