Cargosol Logistics Reports Profit Turnaround in H1 FY2026 Amid Revenue Decline

Cargosol Logistics , a company operating in the logistics and freight forwarding business segment, has reported a significant turnaround in its financial performance for the half year ended September 30, 2025. The company's standalone results show a notable improvement in profitability despite a decrease in revenue.

Financial Highlights

Profit Turnaround

Cargosol Logistics has successfully transformed its financial position, reporting a net profit of ₹36.44 lakh for the half year ended September 30, 2025. This marks a significant improvement from the loss of ₹107.88 lakh recorded in the same period last year. The turnaround in profitability is particularly noteworthy given the challenging market conditions and reduced revenue.

Revenue and Cost Management

While the company experienced a decline in revenue from operations, decreasing to ₹4,704.61 lakh from ₹7,119.75 lakh in the previous year, it has managed to significantly reduce its operating expenses. The operating costs decreased to ₹3,962.40 lakh from ₹6,368.78 lakh year-on-year, representing a reduction of 37.8%. This effective cost management has played a crucial role in achieving profitability despite lower revenue.

Consolidated Performance

On a consolidated basis, which includes the results of its subsidiary and associates, Cargosol Logistics reported a net profit of ₹20.38 lakh, compared to a loss of ₹84.88 lakh in the corresponding period of the previous year. This consolidated figure includes the performance of Cargosol Shipping Agency Private Limited (subsidiary) and associates Cargosol LLC and Cargosol Logistics (Thailand) Co. Ltd.

Earnings Per Share

The company's improved performance is reflected in its earnings per share (EPS). For the standalone results, both basic and diluted EPS stood at ₹0.36 for the half year.

Management's Review

The financial results were reviewed and approved by the company's Board of Directors at a meeting held on November 13, 2025. The meeting, which commenced at 11:30 AM and concluded at 4:00 PM, also saw the approval of the limited review report on the unaudited financial results.

Auditor's Statement

T M R & Associates LLP, the company's chartered accountants, conducted a limited review of the financial results. In their report, they stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices.

While Cargosol Logistics has shown a remarkable turnaround in profitability, the decline in revenue suggests that the company may be facing challenges in its operating environment. The significant reduction in operating expenses indicates that the management has implemented effective cost-cutting measures. Investors and stakeholders will likely be watching closely to see if the company can maintain this profitability while working towards revenue growth in the coming quarters.