Rajvi Logitrade reported a net profit of ₹46.13 lakh for the quarter ended June 30, 2026, marking a 4.3% decline from the ₹48.22 lakh earned in the corresponding period of FY25. Revenue from operations contracted by 3.4% to ₹2,151.62 lakh, down from ₹2,228.43 lakh in Q1FY25. The company’s Board of Directors approved the unaudited standalone financial results during a meeting held on August 11, 2026, at its registered office in Gandhidham, Gujarat. The decline in profitability reflects broader margin pressure as total expenses decreased at a slower rate than revenue.

The filing was submitted pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditor, Prakash Tekwani & Associates, issued a limited review report on the standalone financial results. The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34). Managing Director and CEO Jagdish Dodia signed off on the results, which were also published in The Indian Express and The Financial Express on August 12, 2026.

Financial Performance

Total income from operations stood at ₹2,173.92 lakh, compared to ₹2,228.43 lakh in the prior year period. Total expenses amounted to ₹2,112.28 lakh, a slight decrease from ₹2,163.99 lakh in Q1FY25. This resulted in a profit before tax of ₹61.64 lakh, down from ₹64.44 lakh. After accounting for current tax of ₹17.25 lakh and a deferred tax benefit of ₹1.74 lakh, the profit after tax settled at ₹46.13 lakh. Earnings per share (basic and diluted) dropped significantly to ₹0.73, compared to ₹4.82 in the same quarter last year.

Corporate Actions and Related Party Transactions

The Board approved the notice for the 39th Annual General Meeting (AGM), scheduled to be held on Tuesday, September 15, 2026, at 12:00 P.M. at Rajvi House, Gandhidham. Shareholders will vote on several key resolutions, including related party transactions recommended by the Audit Committee. These transactions include leasing commercial vehicles and logistics services with Mr. Bhupendrasinh Dalpatsinh Rana, valued at up to ₹15 crore, effective from the AGM date until the next AGM in calendar year 2027. Additionally, logistics and allied business services with RCC Limited are valued at up to ₹60 crore for April 1, 2027, to March 31, 2028, alongside a fleet transfer valued at up to ₹20 crore.

Committee Reconstitution and MOA Alteration

Effective August 11, 2026, the Board reconstituted two key committees. Narendrasinh Dalpatsinh Rana was appointed as Chairman of the Nomination & Remuneration Committee, replacing Rajvi Maulin Acharya. Maulin Bhavesh Acharya was appointed as Chairman of the Stakeholders Relationship Committee, also replacing Rajvi Maulin Acharya. Furthermore, the Board approved an alteration to Clause III(A) of the Memorandum of Association to insert additional objects regarding the trading of raw salt and petrochemical by-products, subject to shareholder approval at the AGM.

Rajvi Logitrade Limited has entered into new lease agreements for 47 commercial vehicles effective June 1, 2026, replacing existing contracts to optimize fleet management and operational efficiency. The company canceled prior agreements dated February 12, 2026, and executed new pacts to lease 44 vehicles from Bhupendrasinh Dalpatsinh Rana and 3 vehicles from Rajvi Cargo Movers Private Limited.

The transactions were disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing stated that the new agreements offer flexibility in fleet size management and help optimize costs during slower business periods while meeting increased customer demand.

Agreement Details

The lease with Bhupendrasinh Dalpatsinh Rana involves a monthly rental of ₹15,40,000 plus GST for 44 vehicles over 11 months. Rajvi Logitrade will also pay a refundable security deposit of ₹3,11,00,000, carrying interest at 9% per annum. The lessor is the brother of Promoter and Director Narendrasinh Dalpatsinh Rana, making this a related party transaction conducted at arm's length.

The agreement with Rajvi Cargo Movers Private Limited covers 3 vehicles for 11 months at a monthly rental of ₹1,00,000 plus GST. A refundable security deposit of ₹21,00,000, also carrying interest at 9% per annum, is required. This transaction is not with a related party.

The company confirmed that no special rights, such as director appointment or share subscription, are attached to these lease agreements. The disclosures were submitted in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and the SEBI Master Circular dated November 11, 2024.