East West Freight Carriers Ltd (540006)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, East West's revenue was ₹45.6 Cr (-19.4% year on year, +2.8% on the previous quarter), and net profit ₹0.2 Cr (against a loss a year earlier); the operating margin was 7.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹45.6 | -19.4% | +2.8% |
| Operating profit | ₹3.3 | +23.5% | +506.1% |
| Net profit | ₹0.2 | from loss | -57.6% |
| EPS (₹) | 0.02 | from loss | -33.3% |
| Operating margin | 7.2% | — | — |
📢 Recent Corporate Announcements
East West Freight Carriers Ltd has approved the incorporation of a wholly-owned subsidiary named 'East West Advance Systems Private Limited'. The company will subscribe to 100% of the initial paid-up equity capital of Rs 1,00,000 (10,000 shares of Rs 10 each in cash). The new subsidiary marks a diversification from core logistics into IT, SaaS, AI/ML, electronics manufacturing, and turnkey systems integration. Given the initial equity is nominal compared to the firm's Rs 29 Cr market cap, immediate financial impact is negligible.
- Board approved 100% subscription to proposed subsidiary 'East West Advance Systems Private Limited'
- Initial cash consideration of Rs 1,00,000 for 10,000 equity shares at face value of Rs 10 each
- Authorized share capital of the new entity is Rs 5,00,000 divided into 50,000 equity shares
- Target business covers IT, SaaS, AI/ML, IoT, electronics manufacturing, and turnkey systems integration
East West Freight Carriers has re-submitted its Annual Report for FY25-26 under Regulation 34 of SEBI LODR. The re-submission was executed solely to correct a typographical error in page numbering, with no revisions to the financial statements, auditor reports, or core content. In the MD's message, the company noted consolidated FY26 revenue of approximately ₹201.63 crore versus ₹285.32 crore in FY25, accompanied by a consolidated net loss of approximately ₹3.98 crore. Management highlighted a turnaround in Q1 FY27, recording revenue of ₹45.56 crore and a return to positive bottom-line performance.
- Re-submission strictly to correct non-chronological page numbering; no financial or audit alterations made
- Reported FY26 consolidated revenue of approximately ₹201.63 crore vs ₹285.32 crore in FY25
- Consolidated net loss for FY26 stood at approximately ₹3.98 crore
- Q1 FY27 consolidated revenue recorded at approximately ₹45.56 crore with positive net earnings
- 45th Annual General Meeting convened for 30th September, 2026 via Video Conferencing
East West Freight Carriers Limited submitted its Annual Report for FY25-26 along with the Notice for its 45th AGM scheduled for September 30, 2026. The Managing Director noted that FY26 consolidated revenue fell to approximately ₹201.63 crore from ₹285.32 crore in FY25, resulting in a net loss of ₹3.98 crore due to supply chain disruptions and higher financing costs. For Q1 FY27, operations rebounded to ₹45.56 crore in revenue with a return to net profitability. The company also announced plans to explore merchant and international trading alongside logistics operations.
- Annual Report filed along with AGM notice scheduled for September 30, 2026
- FY26 consolidated revenue dropped to ₹201.63 crore vs ₹285.32 crore in FY25
- FY26 consolidated net loss reported at approximately ₹3.98 crore
- Q1 FY27 recorded revenue of ₹45.56 crore with positive consolidated net profit
- Proposed re-appointment of M/s. Mittal & Associates as Statutory Auditors for a 5-year term until 2031
East West Freight Carriers Ltd has announced a Board of Directors meeting scheduled for Monday, September 7, 2026. The board will consider and approve the date, time, and venue for the 45th Annual General Meeting (AGM) for FY 2025-2026. Additionally, the agenda includes approval of the AGM Notice and the Directors' Report for the financial year ended March 31, 2026. This is a routine statutory intimation ahead of the company's upcoming AGM.
- Board meeting scheduled for Monday, September 7, 2026
- To approve date, time, and venue for the 45th Annual General Meeting
- To approve Notice and Board Report for FY 2025-2026 ended March 31, 2026
East West Freight Carriers Limited announced that its equity shares have been admitted for dealing on the National Stock Exchange (NSE) under the 'Permitted to Trade' category effective August 17, 2026. Trading will take place under the symbol 'EASTWEST' with a market lot size of 1. A total of 12,75,75,000 equity shares of face value Rs 2 each (ISIN: INE595R01023) are covered under the circular. This development provides additional trading access for investors across both primary exchanges without altering the company's capital structure or business operations.
- Admitted to trade on NSE under 'Permitted to Trade' category with effect from August 17, 2026
- Trading symbol assigned as 'EASTWEST' with market lot size of 1
- Total of 127,575,000 equity shares (Face Value Rs 2) admitted to dealings (ISIN: INE595R01023)
- Action initiated pursuant to NSE Circular Ref No. 1355/2026 dated August 14, 2026
East West Freight Carriers reported a consolidated net profit of ₹0.22 Cr for Q1 FY27, marking a turnaround from a loss of ₹0.32 Cr in the same quarter last year. This profitability was primarily driven by its subsidiary, Unique Air Freight, which contributed ₹0.30 Cr in PAT, offsetting a marginal standalone loss. However, consolidated revenue from operations saw a significant decline of 19.4% YoY, falling to ₹45.56 Cr from ₹56.56 Cr. High finance costs of ₹2.37 Cr continue to weigh on the company, representing over 5% of the quarterly revenue.
- Consolidated Net Profit of ₹0.22 Cr in Q1 FY27 vs a loss of ₹0.32 Cr in Q1 FY26.
- Revenue from operations declined 19.4% YoY to ₹45.56 Cr.
- Finance costs remained high at ₹2.37 Cr, nearly 11x the reported net profit.
- Subsidiary Unique Air Freight contributed ₹4.97 Cr to consolidated revenue and ₹0.30 Cr to PAT.
- Total expenses decreased to ₹45.10 Cr from ₹56.95 Cr YoY, primarily due to lower material costs.
East West Freight Carriers reported a consolidated net profit of Rs 0.22 Cr for the quarter ended June 30, 2026, recovering from a loss of Rs 0.32 Cr in the year-ago period. However, consolidated revenue from operations declined by 19.4% year-on-year to Rs 45.56 Cr compared to Rs 56.56 Cr in Q1 FY26. The company's subsidiary, Unique Air Freight Express & Logistics, contributed Rs 4.97 Cr to the total revenue. Despite the turnaround, the company continues to operate on thin margins with a profit before tax of just Rs 0.46 Cr.
- Consolidated Net Profit of Rs 0.22 Cr in Q1 FY27 vs a loss of Rs 0.32 Cr in Q1 FY26
- Revenue from operations decreased 19.4% YoY to Rs 45.56 Cr from Rs 56.56 Cr
- Finance costs remained significant at Rs 2.37 Cr, consuming 5.2% of total revenue
- Subsidiary Unique Air Freight contributed Rs 4.97 Cr in revenue and Rs 0.30 Cr in PAT
- Standalone operations remained marginally loss-making at -Rs 0.002 Cr
East West Freight Carriers has scheduled a board meeting on August 12, 2026, to approve standalone and consolidated financial results for the quarter ended June 30, 2026. The company is currently navigating a difficult financial period, having reported a TTM net loss of ‡4 Cr and a significant revenue drop from ‡285 Cr in FY25 to ‡202 Cr in FY26. With a market cap of only ‡31 Cr and a high debt-to-equity ratio of 1.14, the upcoming results are critical for assessing liquidity and margin recovery.
- Board meeting set for August 12, 2026, to consider Q1 FY27 results.
- Trading window has been closed since July 1, 2026, per SEBI regulations.
- Company reported a TTM revenue of ‡202 Cr against a small market cap of ‡31 Cr.
- Operating profit margins (OPM) stood at a thin 0.9% for the trailing twelve months.
- Net worth of the company is ‡63 Cr compared to a total debt of ‡72 Cr.
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