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Jet Freight Logistics Ltd Q1FY24; 15% fall in Revenue

Jet Freight Logistics Limited provides logistics services such as freight forwarding services, along with custom clearance service majorly for perishable cargo through air, ocean and land transport.


Financial Results:

  • Jet Freight Logistics Ltd reported Revenues for Q1FY24 of ₹113.55 Crores down from ₹133.44 Crore year on year, a fall of 14.91%.
  • Total Expenses for Q1FY24 of ₹116.77 Crores down from ₹132.06 Crores year on year, a fall of 11.58%.
  • Consolidated Net Profit of -₹3.03 Crores from ₹1.02 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹0.65, from ₹0.22 in the same quarter of the previous year.
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