Skyways Air Services' Q1 FY 2026-27 Quarterly Results

Result Summary

• Skyways Air Services Ltd reported a 54.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 90.4%.
• Its expenses for the quarter were up by 54.3% QoQ and 89.6% YoY.
• The net profit increased 23.3% QoQ and increased 143.3% YoY.
• The earnings per share (EPS) of Skyways Air Services Ltd stood at 1.69 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Skyways Air Services Ltd is a company that operates in the aviation industry, providing air transportation services. The company is known for offering a range of services that may include passenger flights, cargo transport, and possibly other aviation-related services. However, specific information about the company's main products or recent major developments is not available in the provided data. Skyways Air Services Ltd might be subject to industry-specific dynamics such as fuel price fluctuations, regulatory changes, and variability in passenger demand, although these aspects are not reflected in the current financial data.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Skyways Air Services Ltd reported total income of ₹1,225.17 crores. This represents a significant increase of 54.2% compared to the previous quarter (Q4FY26), where the total income was ₹794.74 crores. Additionally, there's a notable year-over-year (YoY) growth of 90.4% when compared to the first quarter of the fiscal year 2026 (Q1FY26), where the total income stood at ₹643.50 crores. The consistent increase in revenue over these periods reflects a period of growth for the company.

Profitability

Skyways Air Services Ltd's profitability metrics show an upward trend. The profit before tax in Q1FY27 was ₹37.09 crores, which is a 49.3% increase quarter-over-quarter (QoQ) from ₹24.85 crores in Q4FY26, and a substantial 120.4% increase year-over-year (YoY) from ₹16.83 crores in Q1FY26. The profit after tax for Q1FY27 is ₹26.79 crores, marking a 23.3% QoQ increase from ₹21.72 crores in Q4FY26 and a remarkable 143.3% YoY increase from ₹11.01 crores in Q1FY26. The company also reported an earnings per share of ₹1.69 in Q1FY27, compared to ₹1.27 in Q4FY26 and ₹0.60 in Q1FY26, reflecting growth rates of 33.1% QoQ and 181.7% YoY.

Operating Metrics

The total expenses for Skyways Air Services Ltd in Q1FY27 were ₹1,188.07 crores, which increased by 54.3% compared to the previous quarter's expenses of ₹769.93 crores. Year-over-year, expenses grew by 89.6% from ₹626.66 crores in Q1FY26. The tax expenses for Q1FY27 were ₹10.49 crores, which is a significant increase of 239.5% QoQ from ₹3.09 crores in Q4FY26 and 81.2% YoY from ₹5.79 crores in Q1FY26. These figures indicate the financial activity related to tax obligations and overall operating costs within the company.