Jet Freight Logistics Limited Reports 41% Q2 Revenue Growth

Jet Freight Logistics Limited reported revenue from operations of ₹118.1 crore for the quarter ended September 30, 2026, up 40.98% year on year from ₹83.8 crore. Profit after tax rose to about ₹2.1 crore, while operating profitability improved, and the company has released the audio recording of its Q2 FY27 earnings call.

What did Jet Freight Logistics report for Q2 FY27?

Jet Freight Logistics reported a 41% year-on-year rise in revenue from operations to ₹118.1 crore in Q2 FY27, compared with ₹83.8 crore in Q2 FY26. The quarterly result covered the period ended September 30, 2026, and was approved by the Board along with unaudited standalone and consolidated financial results.

The investor presentation reported EBITDA of ₹6.2 crore, up 86.26% from ₹3.3 crore a year earlier. It placed EBITDA margin at 5.20%, compared with 3.92% in Q2 FY26. A separate results summary reported operating profit of ₹5.8 crore and an operating margin of 4.9%, up about 160 basis points year on year. These are separately reported profitability measures in the available disclosures.

Profit after tax in the investor presentation was ₹2.1 crore, up 137.90% from ₹0.9 crore in the comparable quarter. The presentation reported a PAT margin of 1.75%, against 1.03% a year earlier. The standalone financial-results announcement reported quarterly PAT of ₹2.07 crore.

How did the September quarter compare with the June quarter?

Jet Freight Logistics' Q2 revenue was lower sequentially than the ₹179 crore reported for Q1 FY27. The results summary calculated the quarter-on-quarter revenue decline at 34%, even as the reported operating margin improved to 4.9% from 3.6% in the June quarter.

Operating profit in the results summary stood at ₹5.8 crore in Q2, compared with ₹6.5 crore in Q1, a sequential decline of 10.4%. Net profit was ₹2.1 crore, compared with ₹2.5 crore in the preceding quarter. Earnings per share were ₹0.45, versus ₹0.55 in Q1 FY27.

The sequential comparison shows that quarterly revenue and profit were below the June-quarter level, while margin performance strengthened. The reported effective tax rate also moved to 28.1% from 31.1% in Q1, according to the results summary.

What drove Jet Freight Logistics' first-half performance?

Jet Freight Logistics reported H1 FY27 revenue of about ₹297.6 crore, representing growth of roughly 47% year on year. The results summary placed first-half revenue at ₹297 crore against ₹204 crore in H1 FY26, with the difference reflecting rounding in reported figures.

The company said perishable export revenue rose 54% in the first half, while general cargo exports increased 55%. It also reported that air-export perishable shipment volumes rose 56.74% year on year and tonnage increased 32.84% during H1 FY27.

First-half operating profit was reported at ₹12.4 crore, up 111.4% from ₹5.8 crore in the year-earlier period. Net profit reached ₹4.6 crore, up 75.3% from ₹2.6 crore, while H1 earnings per share rose to ₹0.99 from ₹0.57.

What operational developments did the company disclose?

Jet Freight Logistics said it moved its first perishable shipment from Navi Mumbai International Airport during the first half. The company also said it completed the acquisition of a 45% stake in Natwest Trade & Logistics Services FZCO, Dubai, and expanded into South America.

These updates accompanied the presentation of the Q2 and H1 results. The disclosures identify growth in perishable and general cargo exports as key operating developments during the first half, alongside the Dubai stake acquisition and the new perishable shipment activity.

The company has not published an earnings-call transcript for the quarter in the material provided. However, it announced the availability of an audio recording of its Q2 FY2026-27 earnings call, held on October 29, 2026 at 4:00 p.m. IST, on its corporate website.

Why do the Q2 results matter for investors and the logistics sector?

The results show that Jet Freight Logistics achieved year-on-year growth in revenue, EBITDA and profit after tax during the September quarter. The rise in profitability margins alongside revenue growth is relevant because freight forwarding and logistics businesses can be sensitive to shipment mix, volumes and operating costs.

For investors, the reported figures provide both a quarterly and first-half view. Q2 revenue was ₹118.1 crore, while H1 revenue reached about ₹297.6 crore. The June quarter was materially larger on revenue, so the sequential movement remains an important part of the reported financial comparison.

The disclosed growth in perishable exports, general cargo exports and air-export shipment volumes provides operating context for the first-half revenue expansion. The Dubai stake acquisition and South America expansion are also part of the company's stated operational updates, although the disclosures do not quantify their financial contribution to Q2 results.

Conclusion

Jet Freight Logistics reported a stronger September-quarter performance than a year earlier, with revenue from operations rising nearly 41% to ₹118.1 crore and profit after tax increasing to about ₹2.1 crore. The company also reported improved profitability measures, including a 5.20% EBITDA margin in its investor presentation.

Investors can next review the audio recording of the October 29 earnings call for management's discussion of the unaudited Q2 and H1 FY27 results and outlook. Further disclosures on perishable exports, the Dubai stake and expansion into South America will help clarify the progress of the operational initiatives reported by the company.