Dhillon Freight Carrier Limited has completed its quarterly regulatory filing by submitting the compliance certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2026.

Regulatory Submission Details

The compliance certificate was submitted to BSE Limited (SME Platform) on April 14, 2026, by Sneha Agarwal, Company Secretary and Compliance Officer (Membership No. 46559). The submission fulfills the company's regulatory obligations under SEBI's depository regulations.

KFin Technologies Certification

KFin Technologies Limited, acting as Registrar to an Issue and Share Transfer Agent for Dhillon Freight Carrier Limited, issued certificates to both major depositories on April 1, 2026. The certificates were signed by Ganesh Chandra Patro, Deputy Vice President at KFin Technologies.

Depository Confirmations

The certification process involved submissions to both primary depositories:

• NSDL (National Securities Depository Limited): Certificate confirming compliance with dematerialization and rematerialization reporting requirements
• CDSL (Central Depository Services India Limited): Similar certification ensuring all regulatory requirements were met

Compliance Framework

The certificates confirm that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been properly furnished to all stock exchanges where the company's shares are listed. This ensures transparency in the depository system and maintains investor confidence in the securities market infrastructure.

Corporate Information

Dhillon Freight Carrier Limited operates from its registered office at 33A Jawaharlal Nehru Road, 20th Floor, Suite - A03, Kolkata - 700071. The company maintains its commitment to regulatory compliance through systematic quarterly filings and proper coordination with its registrar and transfer agent, KFin Technologies Limited.

Dhillon Freight Carrier Limited, a logistics company, has reported a significant decline in its financial performance for the half year ended September 30, 2025. The company's unaudited standalone financial results reveal a sharp drop in both revenue and profitability compared to the previous year.

Key Financial Highlights

Revenue and Profitability

Dhillon Freight Carrier Limited experienced a substantial decline in its revenue from operations, which fell by 43.05% to ₹1,368.00 lakhs for the half year ended September 30, 2025, compared to ₹2,402.00 lakhs in the same period last year. The total income, including other income, also decreased by 43.47% to ₹1,398.00 lakhs from ₹2,473.00 lakhs in the previous year.

The company's profitability was significantly impacted, with profit before tax dropping by 64.33% to ₹56.00 lakhs from ₹157.00 lakhs in the corresponding period of the previous year. The profit after tax saw a similar decline of 64.41%, reaching ₹42.00 lakhs compared to ₹118.00 lakhs in the previous year.

Earnings Per Share

The earnings per share (EPS) of Dhillon Freight Carrier Limited witnessed a sharp decline of 76.38%, falling to ₹1.67 from ₹7.07 in the previous year. This substantial decrease in EPS reflects the company's reduced profitability and its impact on shareholder returns.

Cost Management

Despite the decline in revenue, the company managed to reduce its total expenditure by 42.05% to ₹1,342.00 lakhs from ₹2,316.00 lakhs in the previous year. The cost of rendering services, which is the largest expense component, decreased by 40.04% to ₹1,189.00 lakhs from ₹1,983.00 lakhs.

Balance Sheet Position

As of September 30, 2025, Dhillon Freight Carrier Limited reported total assets of ₹931.00 lakhs, slightly lower than the ₹971.00 lakhs reported as of March 31, 2025. The company's shareholders' funds stood at ₹420.00 lakhs, compared to ₹523.00 lakhs at the end of the previous financial year.

Cash Flow and Liquidity

The company's cash and cash equivalents decreased to ₹260.00 lakhs as of September 30, 2025, from ₹333.00 lakhs at the end of March 2025. However, this still represents a significant improvement from the ₹179.00 lakhs reported at the end of March 2024.

The financial results were reviewed by the audit committee and approved by the Board of Directors at their meeting held on November 14, 2025. The independent auditor's review report, conducted by Ashok Kumar Duggar & Associates, Chartered Accountants, found no material misstatements in the financial results.

Dhillon Freight Carrier Limited, formerly known as Dhillon Freight Carrier Private Limited, operates in the logistics sector. The company's performance in the first half of the financial year 2025-26 reflects the challenges faced in the operating environment. Management's focus on cost reduction has partially mitigated the impact of reduced revenues, but the significant decline in profitability may require further strategic measures to improve the company's financial position in the coming quarters.