Warehousing & Logistics company Skyways Air Services announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The consolidated revenue for Q1FY27 stood at Rs 1,21,653.48 lakh, representing a growth of 54.45% from Rs 78,766.91 lakh in Q4FY26 (QoQ) and a significant surge of 90.38% compared to Rs 63,900.95 lakh in Q1FY26 (YoY). Total Income: Total income for Q1FY27 reached Rs 1,22,517.32 lakh, reflecting an increase of 54.16% against Rs 79,474.45 lakh in Q4FY26 (QoQ) and up by 90.39% from Rs 64,350.10 lakh in Q1FY26 (YoY). Profit Before Tax: The company reported a profit before tax of Rs 3,727.60 lakh in Q1FY27, growing by 50.27% from Rs 2,480.59 lakh in Q4FY26 (QoQ) and by 121.88% from Rs 1,679.98 lakh in Q1FY26 (YoY). Profit for the Period (PAT): Consolidated net profit for Q1FY27 was Rs 2,678.96 lakh, up 23.34% sequentially from Rs 2,172.08 lakh in Q4FY26 (QoQ) and registering a strong growth of 143.33% from Rs 1,100.95 lakh in Q1FY26 (YoY). Total Comprehensive Income: Total comprehensive income for Q1FY27 stood at Rs 2,716.77 lakh, compared to Rs 2,312.94 lakh in Q4FY26 and Rs 1,101.29 lakh in Q1FY26. Earnings Per Share (EPS): Basic EPS for Q1FY27 was Rs 1.69, up from Rs 1.27 in Q4FY26 and Rs 0.80 in Q1FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q1FY27 was Rs 67,586.39 lakh, showing an increase of 65.11% from Rs 40,934.75 lakh in Q4FY26 (QoQ) and a growth of 110.04% compared to Rs 32,177.90 lakh in Q1FY26 (YoY). Total Income: Total income for Q1FY27 was Rs 68,168.05 lakh, up 61.57% from Rs 42,190.43 lakh in Q4FY26 (QoQ) and up 109.15% from Rs 32,593.00 lakh in Q1FY26 (YoY). Profit Before Tax: Standalone profit before tax for Q1FY27 stood at Rs 1,892.41 lakh, marking an increase of 67.93% from Rs 1,134.88 lakh in Q4FY26 (QoQ) and 111.02% from Rs 896.81 lakh in Q1FY26 (YoY). Profit for the Period (PAT): Standalone net profit for Q1FY27 reached Rs 1,404.93 lakh, growing by 43.27% from Rs 980.60 lakh in Q4FY26 (QoQ) and by 111.91% from Rs 662.97 lakh in Q1FY26 (YoY). Earnings Per Share (EPS): Basic EPS for the standalone entity in Q1FY27 was Rs 1.21, compared to Rs 0.84 in Q4FY26 and Rs 0.59 in Q1FY26. Business Highlights: Overseas Expansion: The company approved the setting up of overseas offices, subsidiaries, joint ventures, and associates in China, Malaysia, Indonesia, Singapore, and the Philippines with an aggregate investment not exceeding Rs 30 crore over a period of time. Capital Infusion: Approved an incremental investment by way of capital infusion in existing overseas subsidiaries by and up to Rs 20 crore over a period of time. Initial Public Offering (IPO): Subsequent to Q1FY27, the company successfully completed its IPO at an issue price of Rs 138 per share. The issue comprised a fresh issue of 2,88,98,300 equity shares (aggregating Rs 39,879.65 lakh) and an offer for sale of 1,33,33,300 equity shares (aggregating Rs 18,399.95 lakh). The shares were listed on NSE and BSE on September 1, 2026. Acquisitions & Investments: During Q1FY27, the company invested Rs 180.00 lakh in fully paid-up equity shares of its wholly-owned subsidiary, Phantom Road Express Private Limited. It also acquired a 100% stake in Wintop Logistics Ind Private Limited for Rs 1.00 lakh. Segment Performance: The group operates in a single reportable segment, i.e., "Logistics services," which encompasses integrated logistics solutions and specialized logistics operations. Leadership Appointments: Mr. Yashpal Sharma was designated as the Chief Executive Officer (CEO) in addition to his existing role as Chairman and Managing Director, effective September 17, 2026. Yashpal Sharma, Chief Executive Officer & CMD, Skyways Air Services, said: “India’s logistics sector is at an exciting inflection point, backed by strong GDP growth, rising consumption, manufacturing expansion, e-commerce penetration and continued infrastructure-led reforms. Air cargo remains a critical enabler for high-value and time-sensitive sectors such as pharmaceuticals, electronics, e-commerce and exports. Our Q1FY27 performance demonstrates Skyways’ ability to execute in this favourable environment, scale profitably and strengthen its position as a leading integrated logistics platform. We remain optimistic about the industry’s long-term growth prospects and committed to creating sustained value for all stakeholders.” Result PDF