
Flomic Global Logistics Returns to Profitability in Q1 FY27
Flomic Global Logistics Ltd. announced its Q1 FY27 financial results, reporting a significant turnaround with a return to profitability. Revenue from operations grew by 18.37% year-on-year to ₹11,999.77 lakh. EBITDA saw a substantial increase of 67.78% to ₹1,120.57 lakh, with EBITDA margins improving to 9.34% from 6.59% in the prior year period. The company posted a Profit After Tax (PAT) of ₹206.25 lakh, a marked improvement from a loss of ₹297.79 lakh in Q1 FY26. Basic Earnings Per Share (EPS) stood at ₹1.14 compared to a loss per share of ₹1.64 in the same quarter last year. The management attributes this strong performance to improved operating efficiency, a favorable service mix, and disciplined cost management, expressing optimism for future growth driven by the logistics industry's prospects in India.
Key Highlights
- Revenue grew 18.37% YoY to ₹11,999.77 lakh in Q1 FY27.
- EBITDA surged 67.78% YoY to ₹1,120.57 lakh.
- EBITDA margin improved to 9.34% from 6.59%.
- Returned to profitability with PAT of ₹206.25 lakh.
- Basic EPS improved to ₹1.14 from a loss of ₹1.64.
Price Impact
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