According to scanx.trade, Chartered Logistics Limited reported a standalone net profit of ₹2.02 crore for the quarter ended June 30, 2026, unchanged from ₹2.02 crore in the same period last year.
Financial Performance
Consolidated net profit stood at ₹1.97 crore, a slight decline from ₹2.02 crore a year earlier. Revenue from operations fell by approximately 9% year-on-year to ₹17.27 crore in Q1FY26, down from ₹19.07 crore in Q1FY25. Operating expenses decreased to ₹15.37 crore from ₹17.17 crore, reflecting cost discipline amid lower top-line growth.
Profitability Drivers and Income Composition
Total income for the standalone entity totaled ₹19.20 crore, compared to ₹21.10 crore in Q1FY25. Other income contributed ₹1.94 crore — nearly 10% of total income — while operating revenue accounted for ₹17.27 crore. This underscores the material role non-operating items play in sustaining profitability despite pressure on core logistics revenues.
Corporate Governance and Strategic Moves
The Board of Directors approved the unaudited financial results during its meeting held on August 12, 2026. Statutory auditors Prakash Tekwani & Associates issued an unqualified review report on both standalone and consolidated financial statements prepared under Ind AS. The Board also noted the resignation of Mr. Harsh Gandhi as Whole Time Director and approved the notice for the 31st Annual General Meeting scheduled for September 25, 2026.
ESG and Operational Evolution
In alignment with sustainability goals, the Board considered and noted ongoing discussions to purchase electric vehicle (EV) trucks for its logistics business operations. The register of members will remain closed from September 19 to September 25, 2026, with September 14, 2026 fixed as the cut-off date for determining voting eligibility. For the consolidated entity, total expenses were recorded at ₹17.13 crore, marginally higher than the standalone figure of ₹17.08 crore; consolidated net profit before tax was ₹2.07 crore, versus ₹2.12 crore on a standalone basis.
Source: scanx.trade
Compiled from international media by the SCI.AI editorial team.
