Lancer Container Lines Posts FY26 Audited Results

02 Jun 2026 CW Team

Navi Mumbai, May 29, 2026 — The board of Lancer Container Lines Limited approved audited standalone and consolidated financial results for the quarter and financial year ended 31 March 2026 and confirmed that the statutory auditors issued unmodified opinions. The board also appointed M/s C V Pagariya & Associates as internal auditors for the financial year 2026-27. The meeting commenced at four p.m. and concluded at eight thirty p.m. IST.

The company reported consolidated revenue of Rs 1,388.66 million (mn) for the quarter and year ended 31 March 2026, up from Rs 1,177.18 mn in the corresponding period of the previous year. Earnings before interest, tax, depreciation and amortisation improved to Rs 39.96 mn from a loss of Rs 285.16 mn. Profit before tax rose to Rs 112.43 mn compared with a loss of Rs 363.59 mn a year earlier. Profit after tax stood at Rs 109.05 mn against a loss of Rs 324.42 mn in the prior year and basic and diluted earnings per share were zero point four two compared with negative one point three five.

On a quarter-on-quarter basis, revenue increased from Rs 544.02 mn in the prior quarter to Rs 1,388.66 mn. EBITDA rose to Rs 39.96 mn from Rs 31.78 mn and profit before tax improved from a loss of Rs 72.90 mn to a profit of Rs 112.43 mn. Profit after tax moved from a loss of Rs 74.28 mn to a profit of Rs 109.05 mn. Earnings per share increased to zero point four two from zero point three in the prior quarter.

The company said its business model is asset light, operating a mix of owned and leased containers and serving more than 95 ports and 15 offices in India with subsidiaries abroad covering 36 countries. Services include non vessel operating common carrier, empty container yards, container trading and freight forwarding by sea, air and road. The company said the audited results will be uploaded to the stock exchange and published on the corporate website.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..