Flomic Global Logistics Limited has reported a significant downturn in its financial performance for the quarter ended September 30, 2025, alongside announcing a key addition to its board of directors.

Financial Performance

The company disclosed a net loss of Rs. 45.57 lakhs for the second quarter of the fiscal year 2025-26, marking a stark contrast to the profit of Rs. 307.83 lakhs recorded in the same period last year. This represents a substantial decline in the company's bottom line.

Revenue for the quarter also saw a significant decrease:

All figures in Rs. lakhs

The sharp decline in revenue, amounting to a 67.7% year-over-year decrease, indicates substantial challenges in the company's core business operations during the quarter.

Board Appointment

In a separate development, Flomic Global Logistics has announced the appointment of Mr. Anthonypaul Kennedy Chettiar as an Additional Non-Executive Independent Director. The appointment, effective from November 14, 2025, is for a term of five years, subject to shareholder approval at the upcoming General Meeting.

Key Details of the New Director

Mr. Chettiar brings a wealth of experience to the board, with a strong background in advising Boards and CXOs, building governance frameworks, ensuring regulatory compliance, and managing complex litigations.

The appointment of Mr. Chettiar may be seen as a strategic move to strengthen the company's governance and legal expertise, potentially aiding in navigating the current challenging business environment.

Flomic Global Logistics Limited's board meeting, which concluded these decisions, was held on November 14, 2025, lasting from 6:40 PM to 8:00 PM.

Flomic Global Logistics Limited , a player in the logistics sector, announced a significant change in its leadership team. Mr. Satyaprakash Satyanarayan Pathak has resigned from his positions as Whole-Time Director, Chief Financial Officer (CFO), and Key Managerial Personnel (KMP) of the company.

Resignation Details

According to the company's disclosure to the BSE, Mr. Pathak's resignation will take effect from the closing of business hours on September 25, 2025. Flomic Global Logistics, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has informed the stock exchange about this development.

Reasons for Departure

In his resignation letter, Mr. Pathak confirmed that there are no material reasons for his departure beyond those mentioned in the letter. The company has not disclosed any specific reasons for the resignation in its regulatory filing.

Impact on Directorships

The regulatory filing also noted that Mr. Pathak does not hold directorships in any other listed entities, limiting the impact of his resignation to Flomic Global Logistics Limited.

Company's Response

Flomic Global Logistics Limited has acknowledged Mr. Pathak's resignation and has submitted the necessary disclosures to the BSE. The company's Company Secretary cum Compliance Officer, Abhay Shah, signed off on the regulatory filing, ensuring transparency in the process.

Looking Ahead

As of now, Flomic Global Logistics Limited has not announced any immediate plans for Mr. Pathak's replacement. The company's board and management will likely be focusing on ensuring a smooth transition in the CFO role and maintaining continuity in its financial operations.

This development marks a significant change in Flomic Global Logistics' top management, and stakeholders will be watching closely to see how the company navigates this transition in its financial leadership.