Patel Integrated Logistics Reports Q2 Results and Leadership Change

Consolidated revenue stood at Rs 109.75 crore with a net profit of Rs 2.21 crore for Q2 FY27.

Reader Takeaway: Steady quarterly performance coupled with a familiar face taking the helm as the new CFO.

What just happened

Patel Integrated Logistics held a board meeting on November 2, 2026, to approve its unaudited financial results for the second quarter and half-year ended September 30, 2026. Alongside the financial disclosure, the company announced a key management shuffle involving the appointment of a new Chief Financial Officer.

Why this matters

The financial results provide investors with an update on the company’s operational performance in its core air freight business. The appointment of Mr. Krishna Mohan Shukla as CFO is a significant leadership move, as he brings 14 years of professional experience in finance, audit, and taxation. Having served as the company’s General Manager for Finance & Accounts previously, his transition to CFO represents internal continuity for the organization.

Financial Highlights

On a consolidated basis for Q2 FY27, the company recorded a total revenue from operations of Rs 109.75 crore. The net profit for the same period was reported at Rs 2.21 crore, resulting in an Earnings Per Share (EPS) of 0.34. The standalone figures were closely aligned, with revenue of Rs 107.42 crore and a net profit of Rs 2.16 crore.

Corporate Developments

The company also confirmed the transfer of Rs 5.40 crore to the Capital Redemption Reserve (CRR). This action complies with Section 69 of the Companies Act, 2013, and relates to the nominal value of equity shares that were recently bought back and extinguished.

What to track next

Investors should monitor the impact of the new CFO's financial oversight on future operational costs and margin expansion in the upcoming quarters.