East West Freight Carriers Limited announced the outcome of its Board Meeting held on August 12, 2026. The Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results, along with the Limited Review Report from the statutory auditor, have been submitted. Related party transactions were also approved, subject to shareholder consent at the upcoming AGM.
Board Meeting Outcome: Financial Results Approval
East West Freight Carriers Limited has officially announced the outcome of its Board of Directors’ meeting held on Wednesday, August 12, 2026. In line with regulatory requirements, the Board considered and approved the unaudited standalone and consolidated financial results for the quarter that concluded on June 30, 2026. These financial statements were accompanied by a Limited Review Report issued by the company’s statutory auditor, which has been enclosed as an annexure.
Key Approvals and Next Steps
In addition to the financial results, the Board also gave its approval for certain related party transactions. These transactions are contingent upon obtaining the necessary approval from the company’s shareholders during the ensuing Annual General Meeting (AGM). The Board meeting commenced at 3:00 p.m. IST and concluded at 9:00 p.m. IST on the same day.
Standalone Financial Highlights (Quarter Ended June 30, 2026)
The standalone financial statement reveals a Profit/(Loss) Before Tax of ₹4.79 Lakhs for the quarter ended June 30, 2026. This compares to a profit of ₹46.56 Lakhs for the quarter ended March 31, 2026, and a loss of ₹(63.00) Lakhs for the same quarter in the previous year (June 30, 2025). The basic earnings per share for the quarter stood at ₹0.00.
Consolidated Financial Highlights (Quarter Ended June 30, 2026)
On a consolidated basis, the company reported a Profit/(Loss) Before Tax of ₹46.47 Lakhs for the quarter ended June 30, 2026. This is a significant improvement from the profit of ₹115.58 Lakhs in the previous quarter (March 31, 2026) and a substantial turnaround from the loss of ₹(25.70) Lakhs in the quarter ended June 30, 2025. The consolidated profit after tax for the period was ₹29.47 Lakhs, with basic earnings per share at ₹0.02.
Source: BSE