East West Freight Carriers securities permitted to trade on NSE

1 min read     Updated on 17 Aug 2026, 06:25 PM
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East West Freight Carriers Limited is set to begin trading on the National Stock Exchange on August 17, 2026. The equity shares, carrying a face value of ₹2, will trade under the symbol EASTWEST. The listing involves 127,575,000 securities and complies with SEBI LODR regulations.

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East West Holdings Freight Carriers has secured permission to list its securities on the National Stock Exchange of India (NSE). The exchange has admitted the company’s equity shares to dealings in the capital market segment, with trading scheduled to begin on August 17, 2026.

The company will be traded under the symbol EASTWEST. This admission follows the NSE circular Ref No. 1355/2026 dated August 14, 2026, which notified the listing of several companies for that trading session.

Listing Details

The NSE circular specifies the trading parameters for East West Freight Carriers alongside other newly listed entities. The key details for the company are as follows:

Metric: Value
Symbol: EASTWEST
Series: EQ
Face Value: ₹2
No. of Securities: 127,575,000
Market Lot: 1

The company, formerly known as East West Holdings Ltd, is an authorized clearing and freight forwarding agent based in Mumbai. The listing expands its accessibility to investors on the platform.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed the Bombay Stock Exchange (BSE) regarding the NSE admission to ensure synchronized compliance across both exchanges where it is listed.

Historical Stock Returns for East West Holdings Freight Carriers

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How might the dual listing on NSE and BSE impact East West Freight Carriers' liquidity and valuation compared to its previous single-exchange status?

What are the projected revenue growth drivers for East West Freight Carriers in the Indian logistics sector that could sustain investor interest post-listing?

How does the current regulatory environment for freight forwarding agents in India influence the risk profile for new investors in EASTWEST?

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East West Holdings Freight Q1 Results: Net profit turns positive at ₹22.05 lakh

2 min read     Updated on 13 Aug 2026, 12:25 AM
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East West Holdings Freight Carriers Ltd turned profitable in Q1FY26 with a consolidated net profit of ₹22.05 lakh, up from a loss of ₹32.15 lakh YoY. Revenue declined 19% to ₹4,556.25 lakh, but expenses fell faster at 20.8%, driving the margin improvement. The subsidiary Unique Airfreight contributed ₹29.68 lakh profit.

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East West Holdings Freight Carriers Limited East West Holdings Freight Carriers returned to profitability in the first quarter of FY26, reporting a consolidated net profit of ₹22.05 lakh for the three months ended June 30, 2026. This marks a significant improvement from the net loss of ₹32.15 lakh recorded in the same quarter of FY25.

The company’s Board of Directors approved the unaudited standalone and consolidated financial results during a meeting held on August 12, 2026. The results were subjected to a limited review by statutory auditors Mittal & Associates, who issued an unqualified report.

Financial Performance

Consolidated revenue from operations stood at ₹4,556.25 lakh, down 19.4% year-on-year from ₹5,655.71 lakh in Q1FY25. On a sequential basis, revenue increased slightly by 2.8% from ₹4,431.29 lakh in Q4FY25.

Standalone revenue from operations was ₹4,069.47 lakh, representing a 23.9% decline compared to ₹5,346.41 lakh in the prior year’s quarter. The standalone entity posted a net loss of ₹0.21 lakh, narrowing significantly from the loss of ₹53.00 lakh in Q1FY25.

Metric Q1FY26 (Consolidated) Q1FY25 (Consolidated) Change
Revenue from Operations ₹4,556.25 lakh ₹5,655.71 lakh -19.4%
Total Expenses ₹4,509.51 lakh ₹5,694.90 lakh -20.8%
Net Profit/(Loss) ₹22.05 lakh (₹32.15 lakh) Turnaround

What the Numbers Show

The return to profitability was driven primarily by a sharper decline in total expenses than in revenue. Consolidated total expenses fell 20.8% year-on-year to ₹4,509.51 lakh, outpacing the 19.4% drop in revenue. This divergence improved the operating margin before tax to 1.0% (₹46.47 lakh profit before tax), compared to a negative margin in the prior year.

Cost of materials consumed, the largest expense head, decreased 24.0% to ₹3,645.13 lakh. Employee benefits expense saw a modest 1.6% increase to ₹381.94 lakh, while other expenses contracted 1.3% to ₹201.89 lakh. Finance costs remained relatively stable at ₹236.94 lakh, down 1.6% from ₹258.04 lakh in Q1FY25.

Subsidiary Contribution

The consolidated results include the financials of its subsidiary, M/s Unique Airfreight Express & Logistics Private Limited. The subsidiary contributed ₹496.66 lakh in revenue and reported a net profit after tax of ₹29.68 lakh for the quarter. This profit contribution was material to the group’s overall turnaround, offsetting the near-breakeven performance of the standalone parent entity.

Tax and Other Items

Total tax expense for the consolidated entity was ₹17.00 lakh, comprising ₹10.00 lakh in current tax and ₹7.00 lakh in deferred tax. In contrast, the prior year saw a tax credit of ₹0.50 lakh (₹8.00 lakh current tax expense offset by ₹8.50 lakh deferred tax benefit).

Other income was negligible, recording a negative balance of ₹0.26 lakh in Q1FY26, compared to ₹13.49 lakh in Q1FY25. The company operates primarily in the freight services segment, with no separate segment reporting disclosed as per Ind AS 108.

Historical Stock Returns for East West Holdings Freight Carriers

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Can the company sustain its profitability in Q2FY26 given the 19.4% year-on-year revenue decline, or was this turnaround primarily a one-off result of aggressive cost-cutting?

How does the subsidiary Unique Airfreight Express's strong performance influence the group's strategic focus, and are there plans to expand its operations to offset the parent entity's stagnation?

With employee benefits rising while other expenses contracted, what specific operational efficiencies or structural changes drove the 24% drop in material costs?

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