Jet Freight Logistics Limited — Quarter and year ended March 31, 2026 (Published May 13, 2026)
| Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| 31st Mar 2026 (Audited) | 31st Dec 2025 (Unaudited) | 31st Mar 2025 (Audited) | 31st Mar 2026 (Audited) | 31st Mar 2025 (Audited) | |
| 1. Income | |||||
| a. Revenue from operations | 12,800.89 | 11,309.96 | 11,340.79 | 44,409.84 | 43,663.51 |
| b. Other income | 111.90 | 77.12 | 17.02 | 392.96 | 111.33 |
| Total income | 12,912.79 | 11,387.08 | 11,357.81 | 44,802.80 | 43,774.84 |
| 2. Expenses | |||||
| a. Operational expenses | 11,400.07 | 10,219.75 | 10,337.92 | 39,921.89 | 39,566.19 |
| b. Employee benefits expense | 496.43 | 499.68 | 507.97 | 2,050.43 | 2,000.74 |
| c. Finance costs | 188.47 | 198.39 | 209.59 | 700.04 | 690.16 |
| d. Depreciation, amortisation and impairment expense | 46.00 | 47.05 | 50.05 | 191.28 | 208.38 |
| e. Other expenses | 223.70 | 191.82 | 179.79 | 780.82 | 679.25 |
| Total expenses | 12,354.67 | 11,156.69 | 11,285.32 | 43,644.46 | 43,144.72 |
| 3. Profit before exceptional items and tax (1-2) | 558.12 | 230.39 | 72.49 | 1,158.34 | 630.12 |
| 4. Exceptional items (net) | – | – | – | – | – |
| 5. Profit/(loss) before tax (3 + 4) | 558.12 | 230.39 | 72.49 | 1,158.34 | 630.12 |
| 6. Tax expense | |||||
| a. Current tax | (22.54) | 67.21 | 37.54 | 139.75 | 230.27 |
| b. Deferred tax | 204.34 | 55.38 | 18.12 | 269.85 | 12.93 |
| c. Income tax paid for earlier years | 68.49 | – | – | 68.49 | 14.32 |
| 7. Profit/(loss) after tax (5 – 6) | 307.83 | 107.80 | 16.83 | 680.25 | 372.60 |
| 8. Other comprehensive income/(loss) | |||||
| a. (i) Items that will not be reclassified to profit or loss | 6.54 | 1.18 | (12.85) | 9.96 | (1.09) |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (1.55) | (0.33) | 3.58 | (2.51) | 0.30 |
| b. (i) Items that will be reclassified to profit or loss | – | – | – | – | – |
| (ii) Income tax relating to items that will be reclassified to profit or loss | – | – | – | – | – |
| 9. Total comprehensive income/(loss) for the period (7 + 8) | 312.82 | 108.65 | 7.56 | 687.70 | 371.81 |
| 10. Earnings per share: | |||||
| a. Basic earnings per share (Rs.) | 0.66 | 0.23 | 0.04 | 1.47 | 0.80 |
| b. Diluted earnings per share (Rs.) | 0.66 | 0.23 | 0.04 | 1.47 | 0.80 |
| 11. Paid-up equity share capital (face value Rs.5 per share) | 2,320.19 | 2,320.19 | 2,320.19 | 2,320.19 | 2,320.19 |
| 12. Reserves and surplus | – | – | – | 4,959.32 | 4,286.97 |
| Sr. No | Name of the Entity | Relationship with the Holding Company | % of share hold by Holding Company |
|---|---|---|---|
| 1 | Jet Freight Express Private Limited | Subsidiary company | 100% |
| 2 | Jet Freight Logistics BV | Subsidiary company | 100% |
| 3 | Jet Freight Logistics Inc | Subsidiary company | 100% |
| 4 | Vank Global Services Private Limited | Subsidiary company | 51% |
| Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| 31st Mar 2026 (Audited) | 31st Dec 2025 (Unaudited) | 31st Mar 2025 (Audited) | 31st Mar 2026 (Audited) | 31st Mar 2025 (Audited) | |
| 1. Income | |||||
| a. Revenue from operations | 12,759.93 | 11,319.88 | 11,453.44 | 44,429.87 | 44,375.57 |
| b. Other income | 108.50 | 74.75 | 28.99 | 381.22 | 157.32 |
| Total income | 12,868.43 | 11,394.63 | 11,482.44 | 44,811.09 | 44,532.89 |
| 2. Expenses | |||||
| a. Operational expenses | 11,347.49 | 10,222.44 | 10,396.08 | 39,908.51 | 40,175.47 |
| b. Employee benefits expense | 498.88 | 502.81 | 517.09 | 2,060.84 | 2,045.18 |
| c. Finance costs | 188.47 | 198.44 | 234.61 | 700.39 | 715.62 |
| d. Depreciation, amortisation and impairment expense | 47.78 | 47.21 | 52.96 | 193.58 | 218.86 |
| e. Other expenses | 227.25 | 192.97 | 192.21 | 788.24 | 745.17 |
| Total expenses | 12,309.87 | 11,163.87 | 11,392.96 | 43,651.56 | 43,900.30 |
| 3. Profit/(loss) before exceptional items, share of profit/(loss) of associates, joint ventures and tax (1-2) | 558.56 | 230.76 | 89.48 | 1,159.53 | 632.59 |
| 4. Exceptional items (net) | – | – | – | – | – |
| 5. Profit/(loss) before share of profit/(loss) of associates, joint ventures and tax (3 + 4) | 558.56 | 230.76 | 89.48 | 1,159.53 | 632.59 |
| 6. Share of profit of associates and joint ventures (net) | – | – | – | – | – |
| 7. Profit/(loss) before tax (5+6) | 558.56 | 230.76 | 89.48 | 1,159.53 | 632.59 |
| 8. Tax expense | |||||
| a. Current tax | (22.22) | 67.29 | 37.50 | 140.26 | 230.29 |
| b. Deferred tax | 204.41 | 55.38 | 18.12 | 269.92 | 12.93 |
| c. Income tax paid for earlier years | 68.49 | – | – | 68.49 | 14.32 |
| 9. Profit/(loss) after tax from continuing operations (7 – 8) | 307.88 | 108.09 | 33.86 | 680.86 | 375.05 |
| 10. Other comprehensive income/(loss) | |||||
| a. (i) Items that will not be reclassified to profit or loss | 6.55 | 1.14 | (12.85) | 9.94 | (1.09) |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (1.55) | (0.33) | 3.64 | (2.51) | 0.30 |
| b. (i) Items that will be reclassified to profit or loss | – | – | – | – | – |
| (ii) Income tax relating to items that will be reclassified to profit or loss | – | – | – | – | – |
| c. Other comprehensive income/(loss) from discontinued operations (net of tax) | – | – | – | – | – |
| 11. Total comprehensive income/(loss) for the period (9+10) | 312.88 | 108.90 | 24.64 | 688.29 | 374.26 |
| 12. Profit/(loss) for the period attributable to: | |||||
| a) Owners of the company | 312.88 | 108.90 | 16.48 | 688.29 | 373.32 |
| b) Non-controlling interest | – | – | 8.16 | – | 0.94 |
| 20. Earnings per share | |||||
| a. Basic earnings per share (Rs.) | 0.66 | 0.23 | 0.07 | 1.47 | 0.80 |
| b. Diluted earnings per share (Rs.) | 0.66 | 0.23 | 0.07 | 1.47 | 0.80 |
| 23. Paid-up equity share capital (Face value Rs. 5 per share) | 2,320.19 | 2,320.19 | 2,320.19 | 2,320.19 | 2,320.19 |
| 24. Reserves and surplus | 4,798.29 | 4,125.29 |
| Particulars | Standalone As at March 31, 2026 (Audited) | Standalone As at March 31, 2025 (Audited) | Consolidated As at March 31, 2026 (Audited) | Consolidated As at March 31, 2025 (Audited) |
|---|---|---|---|---|
| ASSETS | ||||
| Non-Current Assets | ||||
| Fixed Assets: | ||||
| Tangible Assets | 1,153.98 | 1,211.89 | 1,154.89 | 1,212.99 |
| Intangible Assets | 1,227.25 | 1,316.16 | 1,235.16 | 1,326.17 |
| Right-of-use assets | 54.91 | 109.15 | 72.37 | 126.60 |
| Non-Current Investment | 25.51 | 25.51 | – | – |
| Long-Term Loans and Advances | 152.21 | 168.56 | – | – |
| Other financial assets | 69.34 | 57.98 | 69.34 | 57.98 |
| Deferred tax assets (net) | 66.77 | 339.13 | 66.77 | 339.13 |
| Income tax assets (net) | 398.77 | 413.81 | 399.86 | 414.18 |
| Other Non-Current Assets | 2,700.24 | 2,763.51 | 2,700.25 | 2,763.52 |
| Non-Current Assets – Total | 5,848.98 | 6,405.70 | 5,698.64 | 6,240.57 |
| Current Assets | ||||
| Trade Receivables | 9,710.61 | 7,804.50 | 9,662.21 | 7,789.42 |
| Cash and Cash Equivalents | 90.10 | 56.01 | 95.83 | 65.43 |
| Bank balances other than cash and cash equivalents | 1,367.16 | 1,187.10 | 1,367.16 | 1,187.10 |
| Other financial assets | 429.85 | 336.66 | 430.50 | 337.39 |
| Other Current Assets | 1,961.14 | 2,452.75 | 1,990.96 | 2,514.42 |
| Current Assets – Total | 13,558.86 | 11,837.02 | 13,546.66 | 11,893.76 |
| TOTAL ASSETS | 19,407.84 | 18,242.72 | 19,245.30 | 18,134.33 |
| EQUITY AND LIABILITIES | ||||
| Shareholders’ Fund | ||||
| Share Capital | 2,320.19 | 2,320.19 | 2,320.19 | 2,320.19 |
| Reserves and Surplus | 4,959.32 | 4,286.97 | 4,798.29 | 4,125.29 |
| Equity attributable to the owners | 7,279.51 | 6,607.16 | 7,118.48 | 6,445.48 |
| Non-controlling Interests | – | – | (21.17) | (21.17) |
| Total Equity | 7,279.51 | 6,607.16 | 7,097.31 | 6,424.31 |
| Non-Current Liabilities | ||||
| Long-Term Borrowings | 1,492.08 | 1,491.97 | 1,493.08 | 1,491.96 |
| Lease liabilities | 24.30 | 73.27 | 24.30 | 57.58 |
| Deferred Tax Liabilities (net) | – | – | 0.07 | 0.01 |
| Long-Term Provisions | 113.40 | 83.49 | 114.71 | 84.57 |
| Non-Current Liabilities – Total | 1,629.78 | 1,648.73 | 1,632.16 | 1,634.12 |
| Current Liabilities | ||||
| Short-Term Borrowings | 5,856.20 | 4,827.80 | 5,856.20 | 4,828.80 |
| Lease liabilities | 33.85 | 41.20 | 50.23 | 73.27 |
| Trade Payables | 3,800.22 | 4,383.13 | 3,796.20 | 4,408.79 |
| Other financial liabilities | 124.54 | 184.73 | 126.17 | 187.84 |
| Other Current Liabilities | 671.15 | 534.42 | 673.74 | 561.51 |
| Short-Term Provisions | 12.60 | 15.55 | 13.29 | 15.69 |
| Current Liabilities – Total | 10,498.56 | 9,986.83 | 10,515.83 | 10,075.90 |
| TOTAL EQUITY AND LIABILITIES | 19,407.84 | 18,242.72 | 19,245.30 | 18,134.33 |
| Particulars | Standalone Period ended March 31, 2026 (Audited) | Standalone Period ended March 31, 2025 (Audited) | Consolidated Period ended March 31, 2026 (Audited) | Consolidated Period ended March 31, 2025 (Audited) |
|---|---|---|---|---|
| Cash Flows From Operating Activities: |
