Trade Wings Limited Reports Q2 FY2026 Results: Revenue Decline and Increased Losses

Trade Wings Limited has announced its unaudited financial results for the second quarter ended September 30, 2025. The company, which operates in Travel Related Services and Cargo & Others segments, reported a mixed performance with declining revenues and widening losses compared to the previous quarter.

Key Financial Highlights

All figures in lakhs

Standalone Performance

On a standalone basis, Trade Wings Limited experienced a significant decline in revenue from operations, which fell to ₹58.02 lakhs in Q2 FY2026 from ₹113.80 lakhs in the previous quarter. The company's net loss widened to ₹2.09 lakhs, compared to a loss of ₹0.57 lakhs in Q1 FY2026.

Consolidated Results

The consolidated figures paint a similar picture of declining performance. Revenue from operations decreased to ₹609.70 lakhs from ₹698.48 lakhs in the previous quarter. More notably, the consolidated net loss substantially increased to ₹194.17 lakhs, up from ₹15.78 lakhs in Q1 FY2026.

Balance Sheet Position

As of September 30, 2025, Trade Wings Limited reported total assets of ₹3,877.01 lakhs on a standalone basis.

Board Approval and Disclosure

The financial results were approved by the company's Board of Directors at a meeting held on November 13, 2025. The meeting, which took place at the company's corporate office in Vashi, Navi Mumbai, commenced at 11:30 AM and concluded at 2:00 PM.

In compliance with SEBI regulations, Trade Wings Limited has promptly disclosed these results to the BSE Limited. The company has also submitted the Limited Review Report for the quarter ended September 2025.

Investors and stakeholders should note that these results are unaudited and subject to limited review. The significant increase in consolidated net loss may warrant attention and could potentially impact the company's financial outlook for the fiscal year.