Jet Freight Logistics Q2 FY26 Net Profit Surges 46.7% YoY to ₹87.24 Lakh on Lower Expenses

Mumbai, October 30, 2025: Jet Freight Logistics Limited (NSE: JETFREIGHT) announced a consolidated profit after tax of ₹87.24 lakh for the quarter ended on September 30, 2025, representing a 46.7% increase when compared to ₹59.48 lakh in the previous year for the quarter ended September 30, 2024, led by cost-saving and steady revenue performance.

Jet Freight Logistics Limited, headquartered in Mumbai, is a leading player in air freight, ocean freight, and express logistics. Listed on NSE and BSE, the company offers end-to-end logistics solutions across global trade lanes, serving a diversified clientele in perishable, pharmaceutical, and general cargo segments.

Quarterly Results Summary (₹ in lakh)

Revenue from operations for Q2 FY26 was at ₹8,377.77 lakh, down 4.2% from ₹8,746.86 lakh for Q2 FY25, and down 30.0% from ₹11,972.28 lakh for the previous quarter of Q1 FY26.

Total income was at ₹8,429.38 lakh for the quarter, down 3.9% YoY and down 30.5% quarter-on-quarter. Total expenses were ₹8,297.05 lakh in the quarter, down 4.2% from the previous year, and down 30.2% from last quarter.

Profit before tax improved by 14.6% to ₹132.33 lakh YoY, and down 44.4% QoQ. The profit after tax improved by 46.7% to ₹87.24 lakh YoY, but down 50.9% QoQ. Earnings per share (EPS) were at ₹0.19, an increase of 46.1% from ₹0.13 in Q2 FY25, and decreased from ₹0.38 in Q1 FY26.

Half-Year Performance

For the half year ended September 2025, total income was ₹20,548.03 lakh, compared with ₹23,522.51 lakh in the previous year, resulting in a year-on-year decline of 12.6%. The net profit for H1 FY26 increased to ₹264.88 lakh, an increase of 59.6% from ₹165.97 lakh in H1 FY25.

Expense Breakdown (in ₹ lakh)

Operational expenditures for Q2 FY26 stood at ₹7,395.50 lakh, down from ₹10,943.09 lakh in Q1 FY26 and ₹7,740.80 lakh in Q2 FY25. Employee benefit expenses rose slightly to ₹514.23 lakh from ₹503.41 lakh a year earlier, while finance costs eased marginally to ₹151.80 lakh compared to ₹158.19 lakh in Q2 FY25.

Depreciation and amortisation expenses came in at ₹46.69 lakh versus ₹55.16 lakh last year, and other expenses declined to ₹188.83 lakh from ₹201.89 lakh. Overall, operational costs dropped 4.5% YoY, reflecting enhanced cost efficiency and prudent expense control, even amid moderate revenue growth pressures.

Comprehensive Income & EPS

The company’s total comprehensive income for Q2 FY26 was ₹88.06 lakh, compared with ₹62.41 lakh in the same period last year. Basic and diluted EPS stood at ₹0.19 per share, higher than ₹0.13 in Q2 FY25, supported by steady profitability and a constant equity base of ₹2,320.68 lakh.

Share Price Update

The share price of Jet Freight Logistics ended 2.57% lower at ₹12.50 on Thursday. The stock opened at ₹13.07 and moved within a narrow range of ₹12.50 to ₹13.07 during the session. The company’s market capitalisation stood at ₹58 crore. At a P/E ratio of 12.78, the stock reflects moderate valuation levels. Over the past 52 weeks, Jet Freight Logistics shares have traded between a high of ₹20.19 and a low of ₹10.44, indicating limited near-term momentum amid cautious investor sentiment.

REF: https://nsearchives.nseindia.com/corporate/JETFREIGHT_30102025152917_SE_UFS_Sep2025.pdf

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