Trade Wings Limited has notified BSE Limited of a Board of Directors meeting scheduled for Wednesday, 27th May, 2026, at 2:00 PM, to be held at the company's Corporate Office located at A-2 Kaveri CHS, Plot No. 63, Sector 17, Vashi, Navi Mumbai – 400705. The intimation has been filed pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items

The board meeting has been convened to transact several significant items of business. The following table outlines the primary agenda points scheduled for deliberation:

Approval of FY26 Audited Financial Results

A primary item on the agenda is the consideration and approval of the audited financial results of Trade Wings Limited — both on a standalone and consolidated basis — for the financial year ended 31st March, 2026. The board will also take up the Auditor's Report pertaining to the same financial year for consideration.

Appointment of Ms. Paridhi Somani as President

The board will also consider the appointment of Ms. Paridhi Somani in the capacity of President of the company. If approved, the appointment will be effective from the date of the meeting, i.e., 27th May, 2026.

Filing Details

The intimation was submitted to BSE Limited on 8th May, 2026, from Mumbai, and was signed by Zurica Kevin Pinto, Company Secretary and Compliance Officer (Membership Number: A27623), on behalf of Trade Wings Limited.

Trade Wings , a company operating in travel-related services and cargo segments, has reported mixed financial results for the second quarter ended September 30, 2025. The company's performance shows a stark contrast between its standalone and consolidated operations.

Standalone Performance

Trade Wings has shown a remarkable turnaround in its standalone operations. The company posted a net profit of Rs 2.09 lakh for Q2 2025, reversing the loss of Rs 32.58 lakh reported in the same quarter of the previous year. This shift from loss to profit indicates a significant improvement in the company's core operations.

The standalone revenue from operations stood at Rs 589.70 lakh for the quarter, reflecting the company's performance in its primary business segments.

Consolidated Results

While the standalone results paint a positive picture, the consolidated operations tell a different story. Trade Wings reported a consolidated net loss of Rs 194.17 lakh for Q2 2025. This substantial loss at the group level suggests challenges in the company's subsidiary operations.

The consolidated revenue from operations was reported at Rs 6,097.70 lakh, significantly higher than the standalone figure. This indicates that the subsidiary contributes substantially to the group's overall revenue.

Segment-wise Performance

Trade Wings operates in two main segments:

1. Travel-related services
2. Cargo

While specific segment-wise breakdowns were not provided, the disparity between standalone and consolidated results suggests varying performances across these segments and the company's subsidiary.

Additional Insights from LODR Data

The Limited Review Report, as part of the LODR filing, provides further context to the financial results:

1. The company's subsidiary, Trade Wings Hotels Limited, is included in the consolidated results.
2. The subsidiary's interim financial statements reflect:
   • Total assets of Rs 2,190.64 lakh as of September 30, 2025
   • Total revenues of Rs 1,308.89 lakh for the period from April 1, 2025, to September 30, 2025
   • A net loss after tax of Rs 179.90 lakh for the same period

This subsidiary performance largely explains the consolidated loss reported by Trade Wings, despite the standalone profit.

Conclusion

Trade Wings' Q2 2025 results present a mixed picture. While the company has successfully turned around its standalone operations to profitability, the consolidated results are weighed down by losses in its subsidiary. Investors and stakeholders may need to closely monitor the performance of both the parent company and its subsidiary, Trade Wings Hotels Limited, in the coming quarters to gauge the overall health and direction of the group.