
Shree Vasu Logistics Announces Q1 Results, Secures Loan for Associate, and Reappoints Statutory Auditors
Shree Vasu Logistics Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company also announced the granting of a loan to its associate company, Nava Raipur Business Hub Private Limited, and confirmed the reappointment of M/s APAS & Co. LLP as Statutory Auditors for a five-year term.The Board of Directors considered and approved these outcomes during its meeting held on August 08, 2026.
Q1 Financial Performance Highlights
The company reported strong performance in the first quarter ending June 30, 2026, with both standalone and consolidated results available. The company operates two segments: 3PL Business and Retail Trading Business.Key financial metrics for the period ended June 30, 2026, are summarized below:
| Metric | Standalone Results | Consolidated Results |
|---|---|---|
| Total Income | 6,631.61 | 6,631.61 |
| Total Expenditure | 6,212.53 | — |
| Profit from continuing operations | 324.94 | 324.93 |
| Basic Earnings per Equity Share (EPS) | 2.83 | 2.83 |
Segment performance for the quarter shows that the 3PL Business segment contributed significantly to revenue, with total revenue standing at 5,992.13 (in Rs. Lakhs). The Profit/(loss) before tax across continuing operations was reported at 419.08.
Related Party Transaction and Loan Grant
Shree Vasu Logistics Limited granted an unsecured loan totaling INR 9,05,00,000 to Nava Raipur Business Hub Private Limited, which is an Associate Company of the logistics firm.The agreement was executed between Shree Vasu Logistics Limited (Lender) and Nava Raipur Business Hub Pvt Ltd (Borrower). The transaction is classified as a related party transaction and was deemed to be conducted at arm's length.
Key terms of the loan include:
- Loan Amount: INR 9,05,00,000 (Rupees Nine Crore Five Lakhs Only).
- Purpose: The financial assistance is intended for business operations, capital expenditure, working capital requirements, expansion activities, and other lawful business purposes.
- Interest Rate: 12% per annum.
- Term: The loan is set to remain outstanding for more than five years, maturing on September 30, 2031, unless repaid earlier.
The relationship between the parties is connected through common directorship and promoter association, as Mr. Atul Garg, Promoter and Managing Director of Shree Vasu Logistics Limited, also holds a directorial position at Nava Raipur Business Hub Private Limited.
Auditor Reappointment
The Board of Directors confirmed the reappointment of M/s APAS & Co. LLP, Chartered Accountants, as Statutory Auditors for the company.M/s APAS & Co. LLP will hold office for a second term of five consecutive years, effective from August 08, 2026, until the conclusion of the Annual General Meeting in 2031, subject to member approval.
APAS & Co. LLP, established in 1971, is based in Raipur, Chhattisgarh, and has experience providing audit and assurance services across various sectors. The company’s annual report for the financial year ended March 31, 2026, along with other reports and annexures, was also approved by the Board of Directors.
SVLL Stock Price Movement
The equity closed higher on Friday after gaining ₹9.85, which represented a 1.31% increase from previous levels and settling at ₹758.95. Trading during the session saw shares fluctuate within an intraday range of ₹749.25 to ₹762, with 1,488 shares being traded.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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