Jujhar Logistics Limited reported a significant turnaround in its financial performance for the first quarter of FY27, with consolidated net profit rising 33% year-on-year to ₹524.37 lakh. The company, formerly known as CDG Petchem Limited, saw its revenue from operations surge to ₹4,548.82 lakh for the quarter ended June 30, 2026, compared to just ₹25.76 lakh in the corresponding period of FY26. This substantial top-line growth was accompanied by improved profitability metrics across both standalone and consolidated structures.

The Board of Directors approved the unaudited standalone and consolidated financial results during its meeting held on August 12, 2026. The statutory auditors, M/s Rajesh Mehru & Co., issued a limited review report on the financial statements, confirming compliance with applicable accounting standards and SEBI Listing Regulations. The results reflect the inclusion of the subsidiary, Jujhar Logistic and Travels Limited, in which the parent company holds a 51% stake.

Financial Performance Overview

The consolidated statement of profit and loss reveals robust operational efficiency. While revenue jumped significantly, total expenses stood at ₹4,093.68 lakh, down from ₹77.40 lakh in the previous year’s quarter, though this comparison is skewed by the scale difference in operations. Operational expenses accounted for ₹3,633.20 lakh, while finance costs were recorded at ₹86.23 lakh. Depreciation expense increased to ₹211.26 lakh from negligible levels in the prior year, reflecting expanded asset bases.

On a standalone basis, Jujhar Logistics reported revenue from operations of ₹208.36 lakh, a decline from ₹283.18 lakh in the preceding quarter but a massive increase from ₹25.76 lakh in Q1FY26. The standalone entity achieved a net profit of ₹21.00 lakh, reversing a net loss of ₹52.18 lakh recorded in the same quarter last year. Total expenses on a standalone basis were ₹203.53 lakh, with operational expenses constituting the bulk at ₹192.42 lakh.

What the Numbers Show

A critical observation from the consolidated cash flow statement is the divergence between operating profit and cash generation. While the company reported an operating profit before working capital changes of ₹877.62 lakh, cash generation from operations turned negative at ₹(14.05) lakh. This indicates significant working capital adjustments, primarily driven by an increase in trade receivables of ₹187.33 lakh and other current assets of ₹144.86 lakh. Despite these outflows, the company maintained a healthy cash position, closing with ₹517.84 lakh in cash and bank balances as of June 30, 2026, compared to ₹1,039.64 lakh at the end of FY26. The decrease in cash reserves was partly offset by financing activities, which included financial costs incurred of ₹86.23 lakh.

The balance sheet reflects a solid equity base, with total equity standing at ₹9,339.53 lakh, including non-controlling interests of ₹3,914.85 lakh. Non-current liabilities increased to include borrowings of ₹2,541.06 lakh, up from ₹1,093.31 lakh at the end of the previous fiscal year. This rise in debt levels aligns with the capital expenditure seen in the investing activities, where purchases of fixed assets amounted to ₹1,214.04 lakh during the quarter.

CDG Petchem Limited returned to profitability in FY26, reporting a consolidated net profit of ₹7.67 crore compared to a net loss of ₹1.15 crore in the previous year. The turnaround was driven by a strategic pivot into the logistics business and the acquisition of a 51% stake in Jujhar Logistic and Travels Limited (JLTL) on November 18, 2025. The company's Board of Directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026.

The company underwent a significant strategic transformation during the year, including acquisition by the Jujhar Group. CDG Petchem believes the logistics sector presents significant opportunities driven by India's expanding automotive industry and increasing supply chain formalization. The consolidated financial statements include the performance of JLTL from the date of acquisition.

Consolidated Financial Performance

For the full year, revenue from operations rose to ₹74.88 crore from ₹23.10 crore in FY25. EBITDA surged to ₹18.24 crore from a negative EBITDA of ₹26.46 crore in the prior year. Total income for the year reached ₹76.37 crore, while total expenses were recorded at ₹62.37 crore. The profit before tax for the year was ₹14.00 crore, a sharp increase from the loss before tax of ₹1.06 crore in FY25.

Key Consolidated Metrics (₹ in Crore)

Subsidiary Performance

Jujhar Logistic and Travels Limited, which became a subsidiary in November 2025, reported a standalone net profit of ₹24.76 crore for FY26. The logistics firm recorded revenue from operations of ₹210.98 crore and an EBITDA of ₹46.35 crore for the year. The company specializes in vehicle logistics for OEMs such as Maruti, Mahindra, Tata, and Hyundai, operating a fleet of over 400 car carriers across a distribution network spanning more than 600 cities.

Standalone Results and Capital Structure

On a standalone basis, CDG Petchem reported a net profit of ₹0.99 crore for FY26, recovering from a net loss of ₹1.06 crore in FY25. Revenue from operations for the standalone entity was ₹4.02 crore. The company's equity share capital increased to ₹9.24 crore as of March 31, 2026, up from ₹3.08 crore in the previous year, following the issuance of equity shares and share warrants. The statutory auditors, M/s Rajesh Mehru & Co., issued an audit report with an unmodified opinion on the financial results.