Om Freight Forwarders Announces Q3FY26 Results with ₹4.48 Crores Profit

2 min read     Updated on 07 Feb 2026, 04:41 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

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.

32008277

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-9.83%-12.83%-7.05%-7.05%-7.05%
like15
dislike

OM Freight Forwarders Promoters Boost Stake with 9 Lakh Share Acquisition

1 min read     Updated on 19 Nov 2025, 11:45 AM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Three promoter group members of Om Freight Forwarders Limited acquired a total of 9,00,000 equity shares (2.67% of total share capital) through open market transactions. Maya Rahul Joshi purchased 5,00,000 shares, increasing her stake to 8.10%. Kejal Harmesh Joshi and Lachita Kamesh Joshi acquired 3,00,000 and 1,00,000 shares respectively, raising their stakes to 1.06% and 0.46%. The transactions occurred on November 17 and 18.

25078521

*this image is generated using AI for illustrative purposes only.

Om Freight Forwarders Limited, a prominent player in the freight forwarding industry, has witnessed a significant change in its shareholding pattern as three promoter group members acquired a substantial number of equity shares through open market transactions.

Key Acquisition Details

The promoter group members collectively acquired 9,00,000 equity shares, representing 2.67% of the company's total share capital. The breakdown of the acquisition is as follows:

Promoter Group Member Shares Acquired Percentage of Share Capital
Maya Rahul Joshi 5,00,000 1.48%
Kejal Harmesh Joshi 3,00,000 0.89%
Lachita Kamesh Joshi 1,00,000 0.30%

Impact on Shareholding

This acquisition has led to a notable increase in the promoter group's stake in Om Freight Forwarders Limited. The updated shareholding positions are as follows:

Promoter Group Member Previous Holding New Holding Percentage After Acquisition
Maya Rahul Joshi 22,30,578 27,30,578 8.10%
Kejal Harmesh Joshi 56,200 3,56,200 1.06%
Lachita Kamesh Joshi 56,200 1,56,200 0.46%

Transaction Details

The acquisitions were made through open market transactions. Maya Rahul Joshi's purchase was executed on November 17, while Kejal Harmesh Joshi and Lachita Kamesh Joshi made their acquisitions on November 18.

Company Overview

Om Freight Forwarders Limited is listed on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).

This move by the promoter group to increase their stake may be seen as a sign of confidence in the company's future prospects. However, it's important to note that this action does not necessarily indicate any specific plans or changes in the company's operations or strategy.

Historical Stock Returns for Om Freight Forwarders

1 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-9.83%-12.83%-7.05%-7.05%-7.05%
like15
dislike

More News on Om Freight Forwarders

1 Year Returns:-7.05%