Shree Vasu Logistics Limited reported a net profit of ₹57.78 crore for the financial year ended March 31, 2026, a significant increase from ₹21.88 crore in the previous year. Revenue from operations rose to ₹2,239.87 crore from ₹1,461.13 crore in FY25, driven primarily by the company's 3PL business segment. The company's Board approved the annual audited financial results for both standalone and consolidated bases at a meeting held on May 29, 2026. Following the meeting, the company resubmitted the audited revised standalone financial results on May 30, 2026, to correct an inadvertent Excel linking error in the Statement of Assets and Liabilities, which had no impact on the Statement of Profit and Loss or the audit opinion.

Financial Performance

The standalone financial results for FY26 show a total income of ₹2,275.64 crore, up from ₹1,474.46 crore in the previous year. Profit before tax for the year stood at ₹69.95 crore, compared to ₹28.06 crore in FY25. For the quarter ended March 31, 2026, the company reported a net profit of ₹33.73 crore on a total income of ₹634.63 crore.

Segment Performance

The company identified two reportable operating segments: Logistics, Warehousing and allied services (3PL Business) and Retail Trading Business. The 3PL Business generated revenue of ₹2,063.90 crore for the year, while the Retail Trading Business contributed ₹175.97 crore. The 3PL segment reported a profit before tax of ₹125.25 crore, whereas the Retail Trading segment reported a profit of ₹4.33 crore.

Board Approvals and Auditor Report

The Board approved the appointment of M/s G C K & Associates, Chartered Accountants, as internal auditors for the financial year 2026-27, effective May 29, 2026. M/s. APAS & Co LLP, the Statutory Auditors, issued an audit report with an unmodified opinion on the annual audited financial results for the year ended March 31, 2026. The CFO declaration confirming the unmodified opinion was submitted to the exchanges.

Shree Vasu Logistics Limited has announced the appointment of Mr. Anil Kumar Jhingan as an Additional Director in the category of Non-Executive Independent Director. The decision was taken during the company's Board meeting held on May 21, 2026. The appointment is effective immediately and will span a term of five consecutive years, ending on May 20, 2031.

The appointment was made on the recommendation of the Nomination and Remuneration Committee. However, the appointment is subject to the approval of the shareholders within three months from the date of appointment. Once approved, Mr. Jhingan shall not be liable to retire by rotation.

Director Profile

Mr. Anil Kumar Jhingan brings extensive experience in sales and training functions to the role. He holds an M.Sc. in Chemistry from Sagar University, Madhya Pradesh, and an MBA from NMIMS. He has been holding an LMI License since 2005.

Previously, Mr. Jhingan worked with Pfizer at various positions in the areas of sales and training. Through his association with reputed organizations, he has gained valuable professional expertise relevant to his new role.

Key Appointment Details

The following table outlines the key details regarding the new appointment:

Board Meeting Outcomes

In addition to the director's appointment, the Board approved the Revised Postal Ballot Notice. This notice seeks the approval of the shareholders for the matters listed therein. The company has requested the stock exchanges to take the above information on record.