Please find enclosed copies of newspaper publication of the Audited Standalone and Consolidated results for the quarter and year ended 31st March, 2026
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Awaiting price reaction for this filing.
Velox Shipping and Logistics Ltd (formerly Velox Industries Limited) has published its audited standalone and consolidated financial results for Q4 and FY26 in Financial Express and Pratahkal newspapers on May 31, 2026, under SEBI LODR Regulation 47. On a consolidated basis, full-year revenue jumped sharply to ₹2,089.53 lakhs in FY26 from just ₹25.00 lakhs in FY25, reflecting a major business shift tied to the company's renaming. Despite the revenue surge, the company slipped into a consolidated loss of ₹73.28 lakhs for FY26 versus a profit of ₹43.94 lakhs in FY25, with Q4 alone posting a loss of ₹165.83 lakhs. On a standalone basis, FY26 net profit stood at ₹34.25 lakhs (down from ₹43.94 lakhs). Results were approved by the Board on May 29, 2026, with an unmodified audit opinion.
Investors should note the dramatic business transformation—revenue has grown dramatically on consolidation, but profitability has deteriorated, signaling the company is in an investment or transition phase. The quarterly loss of ₹165.83 lakhs and negative consolidated EPS of ₹(0.89) may weigh on short-term sentiment, though the earlier pivot to shipping and logistics is now starting to show meaningful top-line scale.