Skyways Air Services Limited announced robust financial results for the second quarter and half year ended September 30, 2026. The company reported a 90.3% year-on-year increase in revenue from operations to ₹1,311.45 crore for Q2 FY27. Profit after tax (PAT) surged by 129.6% to ₹33.18 crore. The Board also declared a second interim dividend of ₹0.40 per equity share.
Skyways Air Services Reports Strong Q2 FY27 Performance
Skyways Air Services Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The integrated logistics solutions provider showcased significant growth across key financial metrics.
Financial Highlights Q2 FY27
The company reported a 90.3% year-on-year growth in revenue from operations, reaching ₹1,311.45 crore in Q2 FY27, compared to ₹689.19 crore in the same period last year. Total income rose by 88.8% to ₹1,316.62 crore.
EBITDA saw a substantial increase of 96.0% year-on-year, amounting to ₹58.47 crore, with the EBITDA margin at 4.46%. Profit after Tax (PAT) demonstrated impressive growth of 129.6%, reaching ₹33.18 crore, up from ₹14.45 crore in Q2 FY26. The PAT margin improved to 2.53% from 2.10%.
Total comprehensive income stood at ₹35.37 crore, marking a 127.4% increase. Basic Earnings Per Share (EPS) grew significantly to ₹1.91, compared to ₹0.71 in the prior year’s second quarter.
Financial Highlights H1 FY27
For the first half of FY27, revenue from operations reached ₹2,527.99 crore, an increase of 90.3% over H1 FY26. EBITDA was reported at ₹108.60 crore, up 90.0% year-on-year. PAT for the half year was ₹59.97 crore, a jump of 135.5%, and basic EPS stood at ₹3.60.
Key Business Growth Highlights
Skyways Air Services emphasized its strategic focus on technology, driving deeper integration of digital capabilities and technology-led processes. This approach supports higher business volumes, market share expansion, and improved productivity. The company also highlighted wider technology adoption contributing to enhanced operational efficiencies, scalability, EBITDA improvement, and a stronger competitive positioning.
Interim Dividend Declared
In a significant move for shareholders, the Board declared a second interim dividend of ₹0.40 per equity share (representing 4% of the face value of ₹10 each) for the financial year 2026-27. The record date for this dividend is Friday, November 20, 2026, and the payment will be made within 30 days of declaration.
Market Leadership and Global Presence
The company reiterated its position as India’s No. 1 Air Exports Logistics Solutions Provider (LSP) as per WorldACD. Skyways has also consolidated its leadership in the Indian air export market, increasing its market share to 6.3%. Globally, Skyways has improved its ranking to No. 42 in air cargo as per WorldACD, handling 51,115 tons of air cargo across its offices in India and 11 other countries in H1 FY27.
Qatar Airways Renewal
Skyways announced the renewal of its Global Annual Agreement with Qatar Airways Group Q.C.S.C., effective from January 1, 2026, for a term of one year. This renewal aims to further increase mutual air cargo volumes.
Source: BSE
