Patel Integrated Logistic Limited (PILL) has announced key dates for its proposed final dividend, signaling a move to reward its shareholders. The company has set September 1, 2025, as the record date for determining shareholder eligibility for a final dividend of ₹0.30 per equity share for the financial year ended March 31, 2025.

Dividend Details

Annual General Meeting

The proposed dividend is subject to shareholder approval at the company's upcoming 63rd Annual General Meeting (AGM). Key details of the AGM include:

Dividend Payment and Tax Implications

If approved by shareholders at the AGM, the dividend will be paid on or before October 7, 2025. Investors should note that the dividend payment will be subject to tax deduction at source, as per applicable regulations.

Regulatory Compliance

This announcement aligns with the regulatory requirements set forth by the Securities and Exchange Board of India (SEBI). Patel Integrated Logistics has duly informed the stock exchanges about the record date, in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders and potential investors are advised to mark these important dates on their calendars and take note of the tax implications associated with the dividend payment. As always, it is recommended to consult with a financial advisor for personalized advice regarding investment decisions and tax planning.

Patel Integrated Logistics Limited (PILL) reported a 5% year-on-year decline in operational income for the quarter ended June 30, amidst challenging global conditions and seasonal softness. Despite the revenue dip, the company saw improvements in profitability and is positioning itself for future growth.

Financial Performance

PILL's operational income for Q1 stood at INR 78.00 crores, down from the same quarter last year. The company's EBITDA decreased by 9% year-on-year to INR 1.90 crores, with an EBITDA margin of 2.44%. However, profit after tax increased by 6.7% to INR 1.60 crores, supported by reduced finance costs. The profit margin improved to 2.05%.

Operational Highlights

• Total sales volume decreased to 13,318 tons from 14,535 tons in the same quarter of the previous year
• Domestic segment contributed 11,636 tons
• International segment handled 1,682 tons
• Sales realization improved by 3.5% year-on-year to INR 57.04 per kg

Segment Performance

The company attributed the volume decline to seasonal softness and geopolitical uncertainties affecting international operations.

Strategic Developments

Mahesh Fogla, Executive Director of PILL, highlighted several positive developments during the earnings call:

1. New Rate Contract: PILL recently signed a new rate contract with a leading Middle Eastern airline, which is expected to drive international sales volume and reinforce the company's market position.

2. Infrastructure Opportunities: The company is well-positioned to benefit from upcoming infrastructure developments, including the Navi Mumbai International Airport. This aligns with the government's initiative to increase the number of airports from 140 to 220.

3. Digital Initiatives: PILL has introduced a system-driven approach, including the FreightPILL mobile app and a new receivables control system, aimed at improving operational efficiency and financial management.

Outlook

Despite the challenges in Q1, PILL remains optimistic about its future prospects. The company expects to recover from the recent decline in international segment performance and is focusing on leveraging new opportunities in the domestic market.

Fogla stated, "We are very confident that things are getting settled down. In the coming quarter, we are hopeful to recover all this, whatever the decrease happened in the earlier quarter of June quarter."

The management emphasized that India's strong domestic demand and the company's established brand recall position PILL well for future growth, despite global economic uncertainties.

As the logistics sector continues to evolve with the 'Make in India' initiative and increasing manufacturing activities, PILL is exploring new growth avenues, including potential expansion in warehousing and other logistics services.

With its strategic initiatives and focus on long-term value creation, Patel Integrated Logistics Limited aims to capitalize on the growing logistics market in India while navigating the current economic challenges.