Om Freight Forwarders Announces Q3FY26 Results with ₹4.48 Crores Profit
Om Freight Forwarders Limited reported strong Q3FY26 performance with standalone net profit of ₹4.48 crores (202.70% growth) and revenue of ₹119.11 crores. The board approved Mr. Rahul J Joshi's reappointment as CMD for five years and accepted Company Secretary Hiren Bhanushali's resignation. IPO proceeds utilization shows ₹18.78 crores utilized out of ₹24.44 crores raised.

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Om Freight Forwarders Limited announced its Q3FY26 financial results on February 13, 2026, reporting strong performance with standalone net profit of ₹4.48 crores for the quarter ended December 31, 2025. The board meeting, held pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, approved both standalone and consolidated unaudited financial results.
Q3FY26 Financial Performance
The company demonstrated robust financial performance across key metrics during the quarter:
| Financial Metrics: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | ₹119.11 crores | ₹116.48 crores | +2.26% |
| Total Income: | ₹120.90 crores | ₹117.84 crores | +2.60% |
| Net Profit (Standalone): | ₹4.48 crores | ₹1.48 crores | +202.70% |
| Net Profit (Consolidated): | ₹4.64 crores | ₹1.65 crores | +181.21% |
| Basic EPS (Standalone): | ₹1.33 | ₹0.46 | +189.13% |
| Basic EPS (Consolidated): | ₹1.38 | ₹0.52 | +165.38% |
For the nine months ended December 31, 2025, the company achieved revenue from operations of ₹327.38 crores compared to ₹366.76 crores in the corresponding period, while maintaining profitability with standalone net profit of ₹11.34 crores.
Board Decisions and Leadership Changes
The board approved the reappointment of Mr. Rahul J Joshi (DIN: 00114172) as Chairman & Managing Director for a further period of five years commencing from April 1, 2026, subject to shareholder approval. Mr. Joshi, aged 63, brings over 40 years of experience in the freight forwarding industry as the founding member of the company.
| Leadership Update: | Details |
|---|---|
| Reappointment: | Mr. Rahul J Joshi as CMD |
| Term: | April 1, 2026 to March 31, 2031 |
| Experience: | 40+ years in freight forwarding |
| Relationship: | Father of Executive Directors Harmesh and Kamesh Joshi |
Key Personnel Changes
Mr. Hiren Bhanushali resigned from his position as Company Secretary and Compliance Officer, effective February 16, 2026. His resignation, dated November 28, 2025, was submitted to pursue other professional opportunities outside the organization.
IPO Proceeds Utilization
The company provided an update on the utilization of its IPO proceeds of ₹24.44 crores raised through fresh issue of 18,10,042 equity shares at ₹135 per share:
| IPO Utilization: | Allocated | Utilized | Remaining |
|---|---|---|---|
| Capital Expenditure: | ₹17.15 crores | ₹11.49 crores | ₹5.66 crores |
| General Corporate Purposes: | ₹4.52 crores | ₹4.52 crores | - |
| Offer Expenses: | ₹2.77 crores | ₹2.77 crores | - |
| Total: | ₹24.44 crores | ₹18.78 crores | ₹5.66 crores |
Regulatory Compliance
The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and reviewed by statutory auditors Viren Gandhi & Co. The company maintains compliance with SEBI regulations and has implemented trading window restrictions from January 1, 2026, which will reopen 48 hours after the results declaration.
Historical Stock Returns for Om Freight Forwarders
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.61% | -9.83% | -12.83% | -7.05% | -7.05% | -7.05% |



























