Skyways Air Services spurts after strong Q1 performance
Mumbai, Sept. 18 -- Revenue for the period under review rose by 90.4% year-on-year (YoY) to Rs 1,216.53 crore during the quarter.
Total operating expenditure increased by 90.7% to Rs 1,166.59 crore in Q1 FY27 over Q1 FY26.
Profit before tax in Q1 FY27 stood at Rs 37.28 crore, up by 121.9% from Rs 16.80 crore in Q1 FY26. Total tax outgo for the June'26 quarter was Rs 11.98 crore, up 113.5% YoY.
The board declared the first interim dividend of Rs 0.25 per equity share, equivalent to 2.5% of the face value of Rs 10 per share, for financial year 2026-27. The company has fixed 9 October 2026 as the record date to determine shareholders eligible for the dividend. The dividend will be paid within 30 days from the date of declaration.
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