Om Freight Forwarders Limited Announces Financial Results and Key Board Decisions
Om Freight Forwarders Limited, formerly known as Om Freight Forwarders Private Limited, has announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were approved at a meeting of the Board of Directors on August 13, 2026.Key outcomes of the board meeting included the re-appointment of the company's Secretarial Auditor and the approval of plans related to the forthcoming Annual General Meeting (AGM).
Financial Performance Overview
The Unaudited Standalone Financial Results reflect various income and expenses figures for the quarter ending June 30, 2026. The results show total income of INR 195.28 Crores against total expenses of INR 185.66 Crores.Details from the standalone financial results are summarized below:
| Particulars | Q Ended 30.06.2026 (Unaudited) | Q Ended 31.03.2026 (Audited) | Q Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 193.35 | 149.54 | 94.43 | 476.92 |
| Other income | 1.93 | 1.73 | 1.56 | 5.54 |
| Total Income | 195.28 | 151.27 | 95.99 | 482.46 |
| Operating cost | 163.22 | 119.59 | 72.64 | 372.43 |
| Employee benefits expense | 11.84 | 11.41 | 12.21 | 50.02 |
| Finance costs | 0.83 | 0.71 | 0.58 | 2.49 |
| Depreciation and amortisation expense | 2.77 | 2.65 | 2.50 | 10.23 |
| Other expenses | 7.00 | 11.45 | 4.06 | 26.57 |
| Total Expenses | 185.66 | 145.81 | 91.99 | 461.74 |
Consolidated Results and Share of Associates
The Unaudited Consolidated Financial Results for the quarter ended June 30, 2026, included the share of net profit after tax from two associates: Arha Warehousing and Translift Private Limited and Oscar Freight Private Limited. The Group's share of net profit after tax stood at INR 0.23 Crores.| Particulars | Q Ended 30.06.2026 (Unaudited) | Q Ended 31.03.2026 (Audited) | Q Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 193.35 | 149.54 | 94.43 | 476.92 |
| Other income | 1.93 | 1.73 | 1.56 | 5.54 |
| Total Income | 195.28 | 151.27 | 95.99 | 482.46 |
| Total Expenses | 185.66 | 145.81 | 91.99 | 461.74 |
Governance and Corporate Appointments
The board meeting ratified the re-appointment of M/s. Nitin R. Joshi & Co., Practicing Company Secretaries, as the Secretarial Auditor for a term of five consecutive financial years, commencing from FY 2026-27 to FY 2030-31.Furthermore, the board approved several items related to corporate governance and future meetings:
- AGM: The convening of the 31st Annual General Meeting (AGM) was approved for September 24, 2026, which will be conducted via Video Conferencing (VC) or other Audio-Visual Means (OAVM).
- Director’s Report: Approval was granted for the Directors' Report and the Management Discussion and Analysis Report for the financial year ended March 31, 2026.
- Scrutinizer: CS Nitin Joshi, proprietor of M/s. Nitin R. Joshi & Co., was appointed as the Scrutinizer for the AGM.
- Trading Window: The trading window for Designated Persons and their immediate relatives is set to re-open from August 15, 2026, following the adoption of the company’s dividend distribution policy.
Initial Public Offering Proceeds Utilization
The IPO generated a Gross Issue Proceeds totaling INR 24.44 Crores from the fresh issue of equity shares. The utilization details for these proceeds up to June 30, 2026, are as follows:| Objects of the Issues | Amount to be utilized (net) | Amount utilised upto June 30, 2026 | Total amount unutilised upto June 30, 2026 |
|---|---|---|---|
| Funding of capital expenditure requirements. | 17.15 | 14.87 | 2.28 |
| General Corporate purposes | 4.52 | 4.52 | - |
| Net Issue Proceeds | 21.67 | 19.39 | 2.28 |
| Offer related expenses to be borne by the Company | 2.77 | 2.77 | - |
| Gross Issue Proceeds | 24.44 | 22.16 | 2.28 |
The company's business is reviewed as a single segment: Third-Party Logistics Provider, in accordance with Ind AS 108 – Operating Segments.
OMFREIGHT Stock Price Movement
Om Freight Forwarders Limited shares shed value today, slipping by 2.10% to settle at ₹96.00 after trading closed. The equity saw a total traded volume of 8,792 shares during the session, with an intraday range between a low of ₹93.16 and a high of ₹99.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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