Result:Weak· Market: Flat#One-off gain#Base effect
| Metric | Value (₹ Cr) | Q1 FY26 |
|---|---|---|
| Revenue | 0.04 | 97.6% |
| Total Income | 0.31 | 99.4% |
| Expenditure | 27.92 | 26.1% |
| PBT | 230.41 | 742.1% |
| Net Profit | 230.41 | 742.1% |
| OPM | 100.00% | |
| NPM | 100.00% | 44.74pp |
| EPS | 11.13 | 743.2% |
Core shipping revenue collapsed -97.6% YoY to near-nil (₹0.04 Cr) and the reported PBT of ₹230 Cr is almost entirely a non-operating/exceptional gain (far exceeding total income of ₹0.31 Cr against ₹27.9 Cr expenses), so despite the large YoY PAT jump the core business has effectively evaporated.
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