FlySbs Aviation net profit rises 114% to ₹6,077.34 lakh in FY26

FlySbs Aviation reported a net profit of ₹6,077.34 lakh for the financial year ended March 31, 2026, marking a 114% increase from ₹2,840.61 lakh in the previous year. The company's revenue from operations rose 64% to ₹31,853.23 lakh from ₹19,389.56 lakh in FY25. Total income for the year stood at ₹33,412.14 lakh, compared to ₹19,538.38 lakh in the prior year, driven by operational growth and other income.

The Board of Directors approved the audited financial statements and the Independent Auditors' Report for FY26 during a meeting held on May 26, 2026. The financial results were reviewed by the Audit Committee and are in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. A. John Moris & Co., Chartered Accountants, served as the Statutory Auditors for the review.

Financial Performance

The company's profit before tax for FY26 increased to ₹8,091.51 lakh from ₹3,899.78 lakh in the previous year. Total expenses for the period were ₹25,320.63 lakh, up from ₹15,638.60 lakh in FY25. Earnings per share (EPS) for the year improved to ₹38.76 from ₹24.65 in the corresponding previous year.

Particulars	Year ended 31st March 2026 (Audited)	Year ended 31st March 2025 (Audited)
Revenue from operations	31,853.23	19,389.56
Other income	1,558.91	148.82
Total Income	33,412.14	19,538.38
Total expenses	25,320.63	15,638.60
Profit before tax	8,091.51	3,899.78
Net profit	6,077.34	2,840.61
Basic EPS	38.76	24.65

Key Disclosures

The financial statements were prepared using Accounting Standards prescribed under Section 133 of the Companies Act, 2013, as the company is exempt from adopting Ind AS due to its listing on the SME Exchange. During the year, the company raised ₹10,253.25 lakhs through an Initial Public Offer (IPO), with shares listed on the NSE Emerge platform on August 8, 2025. Proceeds were utilized primarily for capital expenditure towards the acquisition of pre-owned aircraft and repayment of borrowings.

Other income for the year included ₹1,171.70 lakhs from gains on foreign exchange fluctuations, which had a material impact on net profit and EPS. The company also inducted a new aircraft type, the Embraer Legacy 650, during the year. The auditors emphasized notes regarding the amortization of IPO-related expenses and the material impact of foreign exchange gains in their report.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.43%	-6.68%	-3.63%	-26.86%	-8.08%	-8.08%

FlySBS Aviation has announced the addition of a new aircraft to its fleet, marking a significant milestone in the company's operational expansion. The aviation company has welcomed a 13-seater Embraer Legacy 650 aircraft, designed to strengthen its service capabilities and international reach.

Fleet Enhancement Details

The newly acquired aircraft brings enhanced capacity and operational flexibility to FlySBS Aviation's existing fleet. The Embraer Legacy 650 is configured with a 13-seater capacity, positioning it as a mid-size business jet suitable for various operational requirements.

Aircraft Details:	Specifications
Aircraft Model:	Embraer Legacy 650
Seating Capacity:	13 passengers
Operational Focus:	International operations

Strategic Operational Impact

The addition of this aircraft is specifically aimed at boosting the company's international operations. This strategic move demonstrates FlySBS Aviation's commitment to expanding its geographical reach and service network. The enhanced fleet capacity is expected to provide greater operational flexibility and improved service delivery capabilities.

Service Enhancement Initiative

The new aircraft acquisition forms part of the company's broader strategy to enhance services offered to passengers. The Embraer Legacy 650's inclusion in the fleet represents an investment in improving overall passenger experience and operational efficiency. This development aligns with the company's focus on strengthening its position in the aviation services sector.