Coastal Roadways Limited, a company operating in the freight and supply chain solutions sectors, has announced its unaudited financial results for the second quarter and first half of the fiscal year 2026. The results, approved by the Board of Directors on November 13, 2025, reveal a mixed performance with revenue growth but a decline in quarterly profits.

Q2 FY26 Performance Highlights

The company's revenue from operations for Q2 FY26 stood at ₹1,035.00 lakhs, showing a modest increase of 2.68% compared to the previous quarter's ₹1,008.00 lakhs. However, the net profit for the quarter decreased to ₹74.00 lakhs, down 15.91% from ₹88.00 lakhs in Q1 FY26.

H1 FY26 Performance

For the first half of FY26, Coastal Roadways reported improved year-on-year results. The revenue from operations increased by 3.88% to ₹2,060.00 lakhs, up from ₹1,983.00 lakhs in the corresponding period of the previous fiscal year. More notably, the net profit for H1 FY26 rose to ₹133.00 lakhs, marking a 13.68% increase from ₹117.00 lakhs in H1 FY25.

Business Segments

Coastal Roadways Limited operates through two primary business segments:

1. Freight Division
2. Supply Chain Solutions Division

Accounting Adjustment

The company disclosed a prior period error correction related to the accounting treatment of mutual fund investments classified under Fair Value through Profit or Loss. This adjustment has resulted in the restatement of comparative figures for the impacted periods, ensuring more accurate financial reporting.

While the company has shown resilience with overall revenue growth, the quarterly profit decline suggests potential challenges in maintaining profit margins. Investors and stakeholders may want to keep a close eye on how Coastal Roadways manages its operational costs and leverages its two business segments to drive future growth and profitability.

Coastal Roadways has reported a significant improvement in its financial performance for the first quarter. The company's unaudited financial results show a remarkable increase in profitability and steady growth in revenue.

Financial Highlights

• Net Profit: Rs 86.00 lakhs, up from Rs 5.00 lakhs in the same quarter last year (17-fold increase)
• Revenue from Operations: Rs 1,035.00 lakhs, compared to Rs 975.00 lakhs in the corresponding quarter (6.15% growth)
• Earnings per Share (EPS): Rs 0.07, improved from Rs 0.01 in the same period last year

Segment-wise Performance

Coastal Roadways operates through two primary business segments:

1. Freight Division
2. Supply Chain Solutions Division

The company's segment-wise results are as follows:

Operational Performance

• Total Expenses: Rs 998.00 lakhs
• Cost of Operations: Rs 842.00 lakhs (largest expense component)
• Staff Cost: Rs 53.00 lakhs
• Finance Costs: Rs 2.00 lakhs
• Depreciation and Amortisation: Rs 34.00 lakhs

Management Commentary

Kanhaiya Kumar Todi, Chairman, MD & CEO of Coastal Roadways, stated, "We are pleased with the strong start to the fiscal year. The significant improvement in our net profit demonstrates the effectiveness of our operational strategies and cost management initiatives. While our Freight Division faced some challenges, the robust performance of our Supply Chain Solutions Division has been a key driver of our overall growth."

Balance Sheet Highlights

As of the end of the quarter:

• Total Segment Assets: Rs 2,647.00 lakhs
• Total Segment Liabilities: Rs 299.00 lakhs

Outlook

The company's management remains optimistic about maintaining this growth trajectory, focusing on enhancing operational efficiencies and expanding its service offerings in the logistics and supply chain solutions sector.

Additional Information

The company held its 57th Annual General Meeting on August 8, through video conferencing, where shareholders discussed and approved the financial statements for the previous financial year, among other agenda items.

Coastal Roadways continues to adapt to the evolving market conditions and remains committed to delivering value to its stakeholders through its integrated logistics and supply chain solutions.

Note: The financial results are subject to limited review by the company's statutory auditors.