NewsEarningsOm Freight Forwarders Reports 23.5% Revenue Decline in Q1 FY26, Approves Rs 70 Crore Loan from PromotersOm Freight Forwarders Reports 23.5% Revenue Decline in Q1 FY26, Approves Rs 70 Crore Loan from Promoters
Om Freight Forwarders Limited reported a 23.5% decrease in Q1 FY26 consolidated revenue at Rs 944.31 crore, down from Rs 1,233.77 crore in the previous quarter. Profit after tax fell to Rs 32.48 crore from Rs 71.41 crore. The company's board approved loans up to Rs 70 crore from three key executives for FY 2025-2026. The decline in performance is partly attributed to a major contract in the previous year that had boosted revenues.
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Om Freight Forwarders Limited , a prominent Third-Party Logistics Provider, has released its financial results for the first quarter of the fiscal year 2025-2026, revealing a significant decline in revenue and profit compared to the previous quarter. The company has also announced plans to secure a substantial loan from its key executives.
Financial Performance
Om Freight Forwarders reported a consolidated revenue from operations of Rs 944.31 crore for Q1 FY26, marking a 23.5% decrease from Rs 1,233.77 crore in the previous quarter. The company's profit after tax also saw a decline, dropping to Rs 32.48 crore from Rs 71.41 crore in the prior quarter.
| Particulars (in Rs crore) | Q1 FY26 | Q4 FY25 | QoQ Change |
|---|---|---|---|
| Revenue from Operations | 944.31 | 1,233.77 | -23.5% |
| Total Income | 959.93 | 1,243.01 | -22.8% |
| Operating Cost | 726.40 | 939.39 | -22.7% |
| Profit Before Tax | 42.71 | 92.06 | -53.6% |
| Profit After Tax | 32.48 | 71.41 | -54.5% |
The company's earnings per share (EPS) for the quarter stood at Rs 1.02, compared to Rs 2.24 in the previous quarter.
Loan Approval
In a significant development, Om Freight Forwarders' board has approved the availment of loans up to Rs 70 crore from three key executives for the financial year 2025-2026:
- Rahul J Joshi - Chairman and Managing Director
- Harmesh R Joshi - Executive Director
- Kamesh R Joshi - Executive Director
This decision suggests that the company may be looking to strengthen its financial position or fund potential initiatives.
Business Operations
Om Freight Forwarders Limited operates as a Third-Party Logistics Provider. The company's Chief Operating Decision maker reviews business and operations as a single segment, indicating a focused approach to its logistics services.
It's worth noting that during the quarter ended June 2024, the company had secured and executed a major contract for material handling at various ports in India from a marquee customer. This contract had resulted in a significant increase in revenue and profits for that period, which may partly explain the year-on-year decline in the current quarter's performance.
The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 28, 2025. The Statutory Auditors have reviewed these results with no qualifications in their report.
As Om Freight Forwarders navigates through the challenges reflected in its Q1 FY26 results, the approved loan from promoters may provide additional financial flexibility. Stakeholders will likely be watching closely to see how the company utilizes these funds and works to improve its performance in the coming quarters.
Historical Stock Returns for Om Freight Forwarders
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.75% | +2.53% | +9.56% | +9.56% | +9.56% | +9.56% |
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