Rajvi Logitrade September-quarter profit quadruples to Rs 53.91 lakh

Rajvi Logitrade Limited reported standalone profit after tax of Rs 53.91 lakh for the quarter ended September 30, 2026, up from Rs 13.26 lakh a year earlier, as total income from operations increased 36% to Rs 23.26 crore. Rajvi Logitrade’s first-half profit after tax rose to Rs 1.00 crore from Rs 61.48 lakh.

How did Rajvi Logitrade perform in the September 2026 quarter?

Rajvi Logitrade’s profit after tax was Rs 53.91 lakh in the quarter ended September 30, 2026, compared with Rs 13.26 lakh in the September 2025 quarter. Profit before tax increased to Rs 72.05 lakh from Rs 18.23 lakh. The latest quarter included current tax of Rs 11.36 lakh and deferred tax of Rs 6.78 lakh, against current tax of Rs 5.12 lakh and a deferred-tax credit of Rs 0.15 lakh a year earlier.

Total income from operations was Rs 23.26 crore, compared with Rs 17.16 crore in the corresponding quarter of 2025. Net sales and income from operations increased to Rs 22.78 crore from Rs 16.86 crore, while other operating income declined to Rs 10.42 lakh from Rs 26.72 lakh. Other income rose to Rs 37.82 lakh from Rs 3.28 lakh, contributing to the increase in reported income.

Total expenses reached Rs 22.54 crore in the September 2026 quarter, compared with Rs 16.98 crore a year earlier. As a result, profit before exceptional items and tax rose to Rs 72.05 lakh from Rs 18.23 lakh. Rajvi Logitrade reported no exceptional items in either September quarter, and its basic earnings per share were Rs 0.85 in the latest quarter, versus Rs 0.79 a year earlier.

What drove Rajvi Logitrade’s increase in quarterly profit?

Rajvi Logitrade’s income increased by Rs 6.10 crore year on year, while total expenses increased by Rs 5.57 crore. Operating expenses rose to Rs 20.23 crore from Rs 15.22 crore, and purchase of stock-in-trade increased to Rs 59.33 lakh from Rs 40.50 lakh. The difference between income and expenses expanded the reported pre-tax profit by Rs 53.82 lakh.

Employee-benefit expense was Rs 96.96 lakh, compared with Rs 69.67 lakh in the September 2025 quarter. Other expenditure rose to Rs 23.69 lakh from Rs 12.82 lakh, while depreciation increased to Rs 20.27 lakh from Rs 14.81 lakh. Finance cost moved in the other direction, declining to Rs 30.76 lakh from Rs 37.96 lakh.

Based on the reported standalone figures, pre-tax profit represented about 3.1% of total income in the September 2026 quarter, compared with about 1.1% a year earlier. This is a calculation from Rajvi Logitrade’s reported income and profit before tax, rather than a management target. The Rs 37.82 lakh of other income was also higher than the Rs 3.28 lakh recorded in the prior-year quarter.

How did Rajvi Logitrade’s first-half results compare with last year?

Rajvi Logitrade reported profit after tax of Rs 1.00 crore for the half year ended September 30, 2026, compared with Rs 61.48 lakh in the corresponding 2025 period. Profit before tax increased to Rs 1.34 crore from Rs 82.67 lakh. Total income from operations rose to Rs 45.00 crore from Rs 39.44 crore, while total expenses increased to Rs 43.66 crore from Rs 38.62 crore.

Net sales and income from operations for the six-month period were Rs 44.30 crore, compared with Rs 39.14 crore a year earlier. Other operating income fell to Rs 20.21 lakh from Rs 26.72 lakh, whereas other income increased to Rs 50.33 lakh from Rs 3.28 lakh. The half-year tax expense comprised Rs 28.61 lakh of current tax and Rs 5.04 lakh of deferred tax, compared with Rs 21.34 lakh of current tax and a Rs 0.15 lakh deferred-tax credit in the prior-year period.

The September 2026 quarter also improved from the June 2026 quarter. Total income rose from Rs 21.74 crore in June to Rs 23.26 crore in September, while profit after tax increased from Rs 46.13 lakh to Rs 53.91 lakh. Profit before tax rose from Rs 61.64 lakh to Rs 72.05 lakh, although the tax charge increased from Rs 5.51 lakh to Rs 18.14 lakh.

What changed in Rajvi Logitrade’s balance sheet and cash flow?

Rajvi Logitrade’s total assets were Rs 21.29 crore at September 30, 2026, down from Rs 26.48 crore at March 31, 2026. Trade receivables declined to Rs 4.77 crore from Rs 8.56 crore, while cash and cash equivalents fell to Rs 9.79 lakh from Rs 2.66 crore. Loans and advances increased to Rs 5.88 crore from Rs 4.65 crore over the same period.

Total equity increased to Rs 11.78 crore at September 30 from Rs 10.78 crore at March 31, as other equity rose to Rs 5.46 crore from Rs 4.46 crore. Total liabilities fell to Rs 9.50 crore from Rs 15.69 crore. Non-current borrowings decreased to Rs 4.35 crore from Rs 5.87 crore, while current borrowings increased to Rs 2.91 crore from Rs 2.68 crore.

Net cash flow from operating activities was Rs 37.89 lakh for the six months ended September 2026, compared with Rs 2.79 crore in the corresponding 2025 period. Rajvi Logitrade recorded Rs 3.79 crore of cash inflow from lower trade receivables, but reported reductions of Rs 1.92 crore in provisions and Rs 2.24 crore in other current liabilities. Investing activities used Rs 1.01 crore and financing activities used Rs 1.93 crore, resulting in a Rs 2.56 crore fall in cash and cash equivalents.

Does Rajvi Logitrade report more than one business segment?

Rajvi Logitrade stated that it is presently dealing in only one segment. Its filing therefore does not provide revenue, profit or asset allocations between separate operating divisions. The reported Rs 23.26 crore of quarterly total income and Rs 53.91 lakh of quarterly profit after tax are standalone results for that single segment.

The Board approved the unaudited standalone results on November 5, 2026. Prakash Tekwani & Associates issued a limited review report dated November 5, 2026, stating that nothing had come to its attention to indicate that the results were materially misstated. The results were prepared under Indian Accounting Standard 34, or Ind AS 34, for interim financial reporting.

Conclusion

Rajvi Logitrade’s September-quarter results showed profit after tax rising to Rs 53.91 lakh as total income increased to Rs 23.26 crore. The first-half result followed the same direction, with profit after tax reaching Rs 1.00 crore and profit before tax reaching Rs 1.34 crore for the six months ended September 30, 2026.

The next financial disclosure will show whether the September quarter’s Rs 72.05 lakh pre-tax profit is maintained as operating expenses and working-capital movements develop. Rajvi Logitrade’s September 30 balance sheet also leaves cash and cash equivalents at Rs 9.79 lakh, following Rs 1.93 crore of financing cash outflow during the first half.