Om Freight FY26 net profit falls to ₹15.38 crore

Om Freight Forwarders reported a net profit of ₹15.38 crore for the financial year ended March 31, 2026, a decline from ₹21.65 crore in the previous year. Revenue from operations for FY26 stood at ₹476.92 crore, compared to ₹490.14 crore in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹4.05 crore on revenue of ₹149.54 crore. The company published its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in newspapers on May 29, 2026, pursuant to Regulation 30 and 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026. The statutory auditors, Viren Gandhi & Co, issued an unmodified opinion on the financial results. The board also re-appointed M/s. Gala & Associates as the Internal Auditor for the financial year 2026-27.

The company recognized a loss of ₹3.63 crore in Other Comprehensive Income during the quarter. This loss relates to an investment in a Norway-based entity that divested its assets and remitted the first tranche of sale proceeds, which has been classified as an asset held for sale. The balance consideration is expected to be received in the forthcoming months.

Financial Performance (Standalone)

Metric	FY26 (₹ crore)	FY25 (₹ crore)	Q4FY26 (₹ crore)	Q4FY25 (₹ crore)
Revenue from Operations	476.92	490.14	149.54	123.38
Total Income	482.46	494.06	151.27	124.30
Total Expenses	461.74	464.89	145.81	115.14
Profit Before Tax	20.72	29.17	5.46	9.16
Net Profit	15.38	21.65	4.05	7.10
Basic EPS (INR)	4.70	6.79	1.20	2.23

The company's cash and cash equivalents increased to ₹35.82 crore as of March 31, 2026, from ₹17.86 crore in the previous year. This rise was primarily driven by net proceeds from the Initial Public Offering (IPO) of ₹21.67 crore. The IPO proceeds of ₹24.44 crore were raised through a fresh issue of 18,10,042 equity shares at a premium of ₹125 per share.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.06%	-1.52%	-5.56%	-9.11%	-4.00%	-4.00%

Om Freight Forwarders announced the resignation of Independent Director Mr. Ravi Patwa, effective from the close of business hours on May 31, 2026. The resignation was submitted due to the director's pre-occupation with other commitments, which prevents him from devoting sufficient time to the company's affairs. This development necessitates the reconstitution of key board committees.

Mr. Ravi Patwa confirmed that there are no other material reasons for his resignation beyond those stated in his letter. Consequently, he will cease to be a member of the Audit Committee and the Nomination and Remuneration Committee of the Board. The company confirmed that the resignation does not involve any claims for loss of office or compensation.

The disclosure was made to the National Stock Exchange of India and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has enclosed the resignation letter and the detailed disclosure as required under Para A(7B) of Part A of Schedule III of the SEBI Listing Regulations.

Details of Resignation

Particulars	Details
Director Name	Mr. Ravi Patwa
DIN	03397635
Reason for Resignation	Pre-occupation with other commitments
Date of Cessation	Closure of business hours on May 31, 2026
Committee Memberships Ceased	Audit Committee, Nomination and Remuneration Committee

Mr. Ravi Patwa clarified that he does not hold any properties or assets of the company in his possession. The company has acknowledged the receipt of the resignation and will undertake the necessary filings with the Registrar of Companies and the stock exchanges.