Logistics: Q1 FY27 results (April-June 2026)

7 companies have declared Logistics Q1 FY27 results so far, the latest on 17 Sep 2026.

Across the 3 non-financial companies with a year-ago quarter to compare, sales grew +19.4% and net profit +54.6% year on year, and the combined operating margin widened 95 bps to 13.7%.

33% of companies grew net profit; 50% beat their own profit trend and 50% fell short of it.

Updated 12 Oct 2026, 12:14 IST 7 declared 111 due in the next 3 days →

Logistics Q1 FY27 scoreboard

Sales growth
+19.4%
YoY, 3 companies combined; median +39.6%
Net profit growth
+54.6%
YoY combined; median -10.9%
Operating margin
13.7%
+95 bps YoY
Grew profit
33%
0 turnarounds, 0 into loss
Vs own profit trend
50% / 50%
above / below, 0% in line
Price since results
-11.3%
median; 14% of 7 stocks up
Other-income heavy
2
25%+ of pre-tax profit from other income & one-offs

Latest Logistics Q1 FY27 results 7

Skyways Air Services Limited

SKYWAYS · Logistics · Q1 FY27 · Consolidated · Filed
M Cap
₹1,591 Cr
P/E
—
PEG
—
Since results
-6.1%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 1,217——
Operating profit —— 49.9——
OPM % —— 4.1%——
Other income —— 8.6——
Net profit —— 26.8——
PAT margin % —— 2.2%——
EPS (₹) —— 1.69——

Quality of profit

Core 76%Other income & one-offs 24%

Pre-tax profit ₹37.3 Cr: core business ₹28.5 Cr, other income ₹8.6 Cr.

Core profit YoY: —

AI read of the filing Skyways Declares ₹0.25 Interim Dividend; Approves ₹50 Cr Overseas Expansion & Investment Positive
  • First interim dividend declared at ₹0.25 (2.5%) per equity share of face value ₹10, record date fixed as October 9, 2026
  • Approved up to ₹30 crore investment to establish overseas offices/subsidiaries/JVs in China, Malaysia, Indonesia, Singapore, and the Philippines
  • Approved up to ₹20 crore incremental capital infusion into existing overseas subsidiaries
Full analysis →

LEAP India Limited

LEAPIND · Logistics · Q1 FY27 · Consolidated · Filed
M Cap
₹6,164 Cr
P/E
—
PEG
—
Since results
-14.3%
  • 30% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 203——
Operating profit —— 104——
OPM % —— 51.2%——
Other income —— 10.0——
Net profit —— 24.7——
PAT margin % —— 12.2%——
EPS (₹) —— 0.60——

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹33.0 Cr: core business ₹23.0 Cr, other income ₹10.0 Cr.

Core profit YoY: —

AI read of the filing LEAP India Q1 Standalone Net Profit Up 24.3% YoY to ₹24.47 Cr; Revenue at ₹168.81 Cr Positive
  • Standalone revenue from operations increased 17.1% YoY to ₹1,688.13 million.
  • Net profit grew 24.3% YoY to ₹244.70 million with basic EPS of ₹0.60 (up from ₹0.39).
  • Profit before tax expanded 24.1% YoY to ₹326.41 million from ₹263.09 million.
Full analysis →

Allcargo Global Limited

AGL · Logistics · Q1 FY27 · Consolidated · Filed
M Cap
₹1,203 Cr
P/E
—
PEG
—
Since results
-17.4%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 3,522——
Operating profit —— 28.0——
OPM % —— 0.8%——
Other income —— 14.0——
Net profit —— -28.0——
PAT margin % —— -0.8%——
EPS (₹) —— -0.35——

Quality of profit

Pre-tax profit −₹24.0 Cr: core business −₹42.0 Cr, other income ₹14.0 Cr, exceptional & other items ₹4.0 Cr.

Core profit YoY: —

AI read of the filing Allcargo Global Reports Q1 Standalone Operations Revenue of ₹521 Cr; PAT at Breakeven Neutral
  • Standalone revenue from operations reached ₹521 crore in Q1 ended June 30, 2026 (up from ₹442 crore in the previous quarter).
  • Standalone PAT was approximately breakeven at ₹(0) crore (less than ₹1 crore loss) vs ₹(14) crore loss in Q4 FY26.
  • Subsidiary Ecu Global NV acquired an additional 10% stake in Ecunordicon AB for ₹17.35 crore (1.76 crore SEK), taking total holding to 99.99%.
Full analysis →

Om Freight Forwarders Limited

OMFREIGHT · Logistics · Q1 FY27 · Consolidated · Filed
M Cap
₹362 Cr
P/E
—
PEG
—
Since results
+7.1%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 193——
Operating profit —— 11.3——
OPM % —— 5.8%——
Other income —— 2.2——
Net profit —— 7.3——
PAT margin % —— 3.8%——
EPS (₹) —— 2.17——

Quality of profit

Core 78%Other income & one-offs 22%

Pre-tax profit ₹9.8 Cr: core business ₹7.7 Cr, other income ₹2.2 Cr.

Core profit YoY: —

AI read of the filing OMFREIGHT Approves Q1 Results; Utilizes 90% of Rs 24.44 Cr IPO Proceeds Neutral
  • Utilized Rs 22.16 crore out of Rs 24.44 crore total IPO proceeds as of June 30, 2026
  • Remaining unutilized IPO funds of Rs 2.28 crore are earmarked for capital expenditure
  • Re-appointed Secretarial Auditor for a 5-year term from FY 2026-27 to FY 2030-31
Full analysis →

Tiger Logistics (India) Limited

TIGERLOGS · Logistics · Q1 FY27 · Standalone · Filed
M Cap
₹249 Cr
P/E
13.2
PEG
—
Since results
-8.2%
  • Profit -55% below its own trend
  • Operating margin contracted 392 bps YoY
  • 55% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +48.8%-6.2% 153163103
Operating profit -52.8%+66.4% 2.81.75.9
OPM % -392 bps+79 bps 1.8%1.0%5.7%
Other income +9.0%-44.9% 1.62.91.5
Net profit -53.9%-2.3% 2.22.24.7
PAT margin % -317 bps+6 bps 1.4%1.4%4.6%
EPS (₹) -48.9%+9.5% 0.230.210.45

Quality of profit

Core 45%Other income & one-offs 55%

Pre-tax profit ₹2.9 Cr: core business ₹1.3 Cr, other income ₹1.6 Cr.

Core profit YoY: -73.1% · reported profit -53.9%

Against its own trend ?

TrendActualGap
Sales₹108₹153 +41.2% above
Net profit₹4.8₹2.2 -54.8% below
AI read of the filing Rs 152.5 Cr Revenue in Q1 FY27; Net Profit drops 54% YoY despite 49% Revenue growth Watch
  • Revenue from operations grew 48.8% YoY to Rs 152.53 Cr in Q1 FY27
  • Net profit declined 54% YoY to Rs 2.17 Cr from Rs 4.71 Cr in the year-ago period
  • Operating expenses surged 60.3% YoY to Rs 141.65 Cr, outpacing revenue growth
Full analysis →

Glottis Limited

GLOTTIS · Logistics · Q1 FY27 · Standalone · Filed
M Cap
₹514 Cr
P/E
14.1
PEG
—
Since results
-19.1%
  • Operating margin contracted 317 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +39.6%+19.6% 235196168
Operating profit -4.2%+48.1% 16.311.017.0
OPM % -317 bps+133 bps 6.9%5.6%10.1%
Other income —-57.5% 2.15.00.0
Net profit -10.9%-2.8% 10.711.012.0
PAT margin % -258 bps-105 bps 4.6%5.6%7.1%
EPS (₹) -22.1%+0.0% 1.161.161.49

Quality of profit

Core 85%Other income & one-offs 15%

Pre-tax profit ₹14.6 Cr: core business ₹12.5 Cr, other income ₹2.1 Cr.

Core profit YoY: -22.1% · reported profit -10.9%

AI read of the filing Glottis Q1 Revenue Grows 39% YoY to ₹234.5 Cr; Operating Margins Improve to 6.94% Positive
  • Revenue from operations increased 39.5% YoY to ₹234.51 Cr from ₹168.16 Cr.
  • Operating margin improved to 6.94% in Q1 FY27, up from 5.37% in the preceding quarter (Q4 FY26).
  • Utilized ₹44.93 Cr out of ₹132.54 Cr allocated for Capital Expenditure from IPO proceeds.
Full analysis →

Blue Dart Express Limited

BLUEDART · Logistics · Q1 FY27 · Consolidated · Filed
M Cap
₹10,821 Cr
P/E
37.8
PEG
—
Since results
-11.3%
  • Profit +101% above its own trend
  • Operating margin expanded 219 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +15.0%+8.1% 1,6581,5331,442
Operating profit +33.5%+17.7% 261222196
OPM % +219 bps+128 bps 15.8%14.5%13.6%
Other income +56.3%+28.4% 15.412.09.9
Net profit +81.2%+80.6% 88.549.048.8
PAT margin % +195 bps+214 bps 5.3%3.2%3.4%
EPS (₹) +81.2%+81.1% 37.2920.5920.58

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹119 Cr: core business ₹104 Cr, other income ₹15.4 Cr.

Core profit YoY: +84.8% · reported profit +81.2%

Cash & debt

FY26 cash from operations ₹810 Cr: 328% of FY26 net profit of ₹247 Cr.

Borrowings ₹1,142 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,545₹1,658 +7.3% above
Net profit₹44.0₹88.5 +101.1% above
AI read of the filing 77.5% YoY Profit Growth in Q1 FY27; ₹25 Dividend Record Date Set Positive
  • Consolidated Revenue from Operations grew 14.96% YoY to ₹1,657.72 Cr.
  • Consolidated Net Profit increased by 77.51% YoY to ₹86.68 Cr from ₹48.83 Cr.
  • Earnings Per Share (EPS) rose to ₹36.53 from ₹20.58 in the year-ago period.
Full analysis →

Standouts so far

Biggest profit growth

  1. Blue Dart+81.2%

Biggest profit declines

  1. Blue Dart+81.2%

Best price reaction

  1. Skyways Air-6.1%
  2. Blue Dart-11.3%
  3. LEAP India-14.3%
  4. Allcargo Global-17.4%

Worst price reaction

  1. Allcargo Global-17.4%
  2. LEAP India-14.3%
  3. Blue Dart-11.3%
  4. Skyways Air-6.1%

Among companies with a market cap of ₹1,000 Cr or more, so a tiny base does not top the list. Price reaction: last close against the close before the filing.

Reporting in the next three days

HCL Technologies (Mon 12 Oct), ICICI Prudential (Mon 12 Oct), RBL Bank (Mon 12 Oct), Swan Defence (Mon 12 Oct), Gujarat State (Mon 12 Oct), Swaraj Engines (Mon 12 Oct), Plastiblends India (Mon 12 Oct), UMIYA BUILDCON (Mon 12 Oct), Alkali Metals (Mon 12 Oct), Gradiente Infotainment (Mon 12 Oct), Agri-Tech (India) (Mon 12 Oct), Abhishek Integrations (Mon 12 Oct), Rudra Ecovation (Mon 12 Oct), Newtrac Foods (Mon 12 Oct), Inani Securities (Mon 12 Oct), Neil Industries (Mon 12 Oct), Adroit Industries (Mon 12 Oct), TYPHOON (Mon 12 Oct), UNIVARTS (Mon 12 Oct), VERONICAPRO (Mon 12 Oct), ICICI Prudential (Tue 13 Oct), Tata Elxsi (Tue 13 Oct), Transformers And Rectifiers (Tue 13 Oct), Anand Rathi (Tue 13 Oct) and 87 more. Full results calendar →

How to read this page

The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, cash-flow statements with the March results.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI