Results - Announcements
Transworld Shipping Lines Ltd share price ticked higher by 1.91% to Rs 168.15 after the company's net profit soared by 90.24% to Rs 56.14 crore, while revenue from operations increased sharply by 37.83% to Rs 141.21 crore in Q2FY27 over Q2FY26.
The market capitalization of Shipping industry group stocks on BSE stood at Rs 53192.92 crore, gaining 4.56%. It has slipped by 2.22% over last one week and gained upto 4.84% in last one month while the market capitalization of Transworld Shipping Lines Ltd has improved by 9.12% and 1.05% in the same period respectively.
Profit before tax (PBT) of Transworld Shipping Lines Ltd stood at Rs 56.24 crore in Q2 FY27, crashing by 633.08% year-on-year, and expanding by 84.94% quarter-on-quarter. EBITDA came in at Rs 97 crore, nosediving by 823.99% YoY and plunging by 39.66% sequentially.
Total expenses eased by 9.35% to Rs 157.87 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 23.99 crore, tanking by 24.84% YoY.
For FY26, revenue from operations fell 15.59% to Rs 548.31 crore, while net profit tumbled by 368.74% to Rs 75.06 crore, compared to previous FY. EBITDA witnessed a strong improvement of 15994% to Rs 34.72 crore, and PBT collapsed by 339.16% to Rs 71.46 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 91.66 crore in FY26, as against Rs 175.22 crore in FY25.
Transworld Shipping Lines Ltd nosedived by 32.22% in last one year, underperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.