5201512026-01-012026-03-315201512026-03-315201512025-03-315201512025-04-012026-03-315201512026-01-012026-03-31in-capmkt:OtherExpenses1Member5201512026-01-012026-03-31in-capmkt:OtherExpenses2Member5201512026-01-012026-03-31in-capmkt:OtherExpenses3Member5201512026-01-012026-03-31in-capmkt:OtherExpenses4Member5201512026-01-012026-03-31in-capmkt:OtherExpenses5Member5201512025-04-012026-03-31in-capmkt:OtherExpenses1Member5201512025-04-012026-03-31in-capmkt:OtherExpenses2Member5201512025-04-012026-03-31in-capmkt:OtherExpenses3Member5201512025-04-012026-03-31in-capmkt:OtherExpenses4Member5201512025-04-012026-03-31in-capmkt:OtherExpenses5Member5201512026-03-31OtherNoncurrentFinancialAssetsDomain15201512026-03-31OtherNoncurrentAssetsDomain15201512026-03-31OtherNoncurrentAssetsDomain25201512026-03-31OtherCurrentFinancialAssetsDomain15201512026-03-31OtherCurrentAssetsDomain15201512026-03-31OtherNoncurrentFinancialLiabilitiesDomain15201512026-03-31OtherNoncurrentFinancialLiabilitiesDomain25201512026-03-31OtherCurrentFinancialLiabilitiesDomain15201512026-03-31OtherCurrentFinancialLiabilitiesDomain25201512026-03-31OtherCurrentLiabilitiesDomain15201512026-01-012026-03-31in-capmkt:ReportableSegments1Member5201512026-01-012026-03-31in-capmkt:ReportableSegments2Member5201512026-01-012026-03-31in-capmkt:ReportableSegments3Member5201512025-04-012026-03-31in-capmkt:ReportableSegments1Member5201512025-04-012026-03-31in-capmkt:ReportableSegments2Member5201512025-04-012026-03-31in-capmkt:ReportableSegments3Member5201512026-01-012026-03-31in-capmkt:ReportableSegments1Member5201512026-01-012026-03-31in-capmkt:ReportableSegments2Member5201512026-01-012026-03-31in-capmkt:ReportableSegments3Member5201512025-04-012026-03-31in-capmkt:ReportableSegments1Member5201512025-04-012026-03-31in-capmkt:ReportableSegments2Member5201512025-04-012026-03-31in-capmkt:ReportableSegments3Member5201512026-01-012026-03-31in-capmkt:ReportableSegments1Member5201512026-03-31in-capmkt:ReportableSegments1Member5201512026-01-012026-03-31in-capmkt:ReportableSegments2Member5201512026-03-31in-capmkt:ReportableSegments2Member5201512026-01-012026-03-31in-capmkt:ReportableSegments3Member5201512026-03-31in-capmkt:ReportableSegments3Member5201512026-01-012026-03-31in-capmkt:ReportableSegments1Member5201512026-03-31in-capmkt:ReportableSegments1Member5201512026-01-012026-03-31in-capmkt:ReportableSegments2Member5201512026-03-31in-capmkt:ReportableSegments2Member5201512026-01-012026-03-31in-capmkt:ReportableSegments3Member5201512026-03-31in-capmkt:ReportableSegments3Member5201512026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15201512025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15201512026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15201512025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares520151TRANSWORLDNOTLISTEDINE757B01015TRANSWORLD SHIPPING LINES LIMITEDMain BoardEquity2025-04-012026-03-312026-05-192026-05-08INRLakhsQuarterlyFourth quarterMulti segment2026-05-1914:30:002026-05-1917:00:00trueCash Flow Indirect2026-01-012026-03-31AuditedConsolidated1324200000160000001340200000000317000000593000002536000009811000001611000000-270800000-11700000-28250000017600000-4900000127000000-2952000000000-295200000-112900000-408100000000021960000010-13.44-13.4400-13.44-13.44Select explanatory notes to the statement of audited consolidated financial results for the year ended March 31 2026 The statement of audited consolidated financial results Consolidated Financial Results has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards IndAS prescribed under Section133 of the Companies Act 2013 read with relevant rules issued there under and other accounting principles generally accepted in India. These were reviewed by the audit committee and approved by the Board at its meetings held on May 19 2026. <BR> The figures for the quarter ended March 31 2026 and March 31 2025 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter for the relevant financial year which were subjected to limited review by the statutory auditor. <BR> Refer to Annexure I for the Statement of Consolidated Assets and Liabilities as at March 31 2026. Refer to Annexure II for the Statement of Consolidated Cash Flows for the year ended March 31 2026. <BR> During the year the Parent acquired 100percent of the equity shares of Transworld Integrated Logistek Private Limited TILPL and Transworld Logistics Private Limited TLPL for cash consideration of INR2441 lakhs and INR225 lakhs respectively. Consequent to the above acquisition both entities have become wholly owned subsidiaries of the Parent with effect from 11 December 2025. <BR> The transfer of share capital has been carried out between companies under common control. Accordingly the Company has accounted for the acquisition in Consolidated Financial Results using the pooling of interests method as prescribed under Appendix C to Ind AS 103 – Business Combinations of Entities under Common Control read with INDAS 110 consolidated financial statements. This has resulted in negative capital reserve on consolidation of INR 2512 lakhs. <BR> Legal Acquisition Date is December 11 2025 and the Effective Date for the purpose of consolidation is taken as April 1 2024 in accordance with IndAS 103. Therefore comparative figures for the quarter and year to date ended March 31 2025 have been restated in the Consolidated Financial Results. Summary of such changes are as follows Rs. in Lakhs except for earnings & dividend per share <BR> Particulars 3 months ended Year ended <BR> 31-Mar-25 31-Mar-25 <BR> As historically reported Profit or Loss for the period year Rs in Lakhs -469 3390 Total comprehensive income loss Rs in Lakhs -176 3380 <BR> Basic & Dilutive Earnings per share not annualised in Rs -2.13 15.44 <BR> <BR> As included in the Statement Profit or Loss for the period year Rs in Lakhs -610 2793 <BR> Total comprehensive income loss Rs in Lakhs -320 2783 <BR> Basic & Dilutive Earnings per share not annualised in Rs -2.78 12.72 <BR> <BR> Accordingly there is a change in all balance sheet line items. <BR> One of the Groups vessels SSL KAVERI is presently stranded in a region affected by ongoing geopolitical developments in the Middle East and is currently unable to sail out. The movement of the vessel remains subject to prevailing conditions and other external factors beyond the Groups control. The Group is in continuous coordination with the relevant authorities and is closely monitoring the situation. <BR> One of the Groups vessels SSL KRISHNA was approved for sale by the Finance Committee and a memorandum of understanding was executed on March 20 2026 for a sale consideration of USD 11.90 million approximately Rs. 11062 lakhs. Accordingly its carrying amount including dry dock of Rs. 5421 lakhs has been classified as held for sale as at the balance sheet date in accordance with the applicable Indian accounting standards. Subsequent to the balance sheet date the Company completed the sale of the vessel on 8 April 2026. <BR> Subsequent to the balance sheet date on April 13 2026 the Parent entered into a memorandum of understanding for the sale of one of its vessels SSL GODAVARI for a total consideration of USD 19.6 million approximately Rs. 18302 lakhs. The sale has not yet been completed. <BR> Subsequent to the balance sheet date on April 27 2026 the Parent entered into a memorandum of understanding for the sale of one of its vessels SSL GUJARAT for a total consideration of USD 3.5 million approximately Rs. 3297 lakhs. The sale has not yet been completed. <BR> Subsequent to the balance sheet date on May 5 2026 the Parent entered into a memorandum of understanding for the sale of one of its vessels SSL BHARAT for a total consideration of USD 4.8 million approximately Rs.4574 lakhs. The sale has not yet been completed. <BR> Subsequent to the balance sheet date the Parent has entered into a Memorandum of Agreement dated May 15 2026 for sale of its vessel SSL MUMBAI for a consideration of USD 3.5 million approximately Rs.3374 lakhs. The sale has not yet been completed. <BR> Pursuant to the notification of the new Labour Codes by the Government of India viz the Code on Wages 2019 the Code on Social Security 2020 the Industrial Relations Code 2020 and the Occupational Safety Health and Working Conditions Code 2020 collectively referred to as the New Labour Codes with effect from 21 November 2025 and pending issuance of the detailed Rules the Group has reassessed its employee benefit obligations based on the revised definition of wages and expanded eligibility criteria under the New Labour Codes. Based on actuarial valuation and managements best estimates the Group recognized an incremental gratuity expense of Rs.146 lakhs being past service cost as employee benefit expenditure during the quarter ended 31st March 2026. The impact on other employee benefit obligations is not material and the Group continues to monitor developments and will review its estimates as further clarifications and Rules are notified. <BR> Exceptional items include cost of repairs and estimated loss adjustment expenditure incurred and claim recoverable income basis final survey reports claim settlement recognised adjusted during the respective periods resulting from fire onboard in one of the Companys vessels MV SSL BRAHMAPUTRA on January 1 2024. <BR> Previous years periods figures have been regrouped reclassified wherever necessary to confirm to the current periods classification. Refer Note 5 above <BR> These Consolidated Financial Results will be available on the Bombay Stock Exchange website URL www.bseindia.comcorporates.html The National Stock Exchange website URL www.nseindia.comcorporates.html and on the Companys website URL httpswww.transworld.comtransworldshippinglinesfinancialperformance. <BR> For Transworld Shipping Lines Limited <BR> Formerly known as Shreyas Shipping & Logistics Limited <BR> Capt. Milind Patankar <BR> Managing Director <BR> DIN 02444758 <BR> Date May 19 2026 <BR> Place Navi Mumbai <BR> 2025-04-012026-03-31AuditedConsolidated54831000008650000055696000000001343900000261900000100110000037055000006312400000-74280000028100000-714700000294000006600000360000000-750700000000100000-750600000-235100000-9857000000000219600000100-34.18-34.1800-34.18-34.18Fuel, lube oil and fresh water118900000Stores and spares127600000Freight forward expense389300000Other operation cost218700000Other Expenses126600000Fuel, lube oil and fresh water435900000Stores and spares518700000Freight forward expense1451900000Other operation cost980800000Other Expenses3182000007898000000015190000002600000004400000200000003628000003630000001840000083700000852200000011730000011060000045980000020950000014280000006943000001617000000104500000506800000234560000054210000001140970000021960000065181000006737700000067377000002213200000000247500000246070000052100000240000002515200000687000000970000010461000001055800000293400000203620000010250000018100000002156800000467200000011409700000Other financial assets362800000Other non current assets14200000Income tax assets (net)69500000Other financial assets694300000Other current assets506800000Lease Liabilities78800000Other financial liabilities168700000Lease Liabilities37300000Other financial liabilities256100000Other current liabilities102500000Shipping820200000Freight Forwarding505600000Others19200000Shipping3567000000Freight Forwarding1817600000Others15360000013450000005538200000208000005510000013242000005483100000Shipping99400000Freight Forwarding99200000Others5800000Shipping778100000Freight Forwarding319100000Others257000002044000001122900000593000002619000004276000001575600000-282500000-714600000Shipping10570200000Freight Forwarding789100000Others4600000011405300000440000011409700000Shipping3783700000Freight Forwarding853200000Others35100000467200000004672000000251300000-20500000-976000000-48900000033890000000348700000019300000010011000000265000000-1652000000631000000574000000-60000000-14600000-110000051400000-10000016889000009742000000005760000009166000000000000021000003923000000000000000000000005800000005709000002387000000000000006997000005270000032900000106000000-364200000-1160100000-48000000-4800000214300000209500000Items that will not be reclassified to profit and loss-2700000-2700000Items that will not be reclassified to profit and loss-8200000-8200000-300000-500000Items that will be reclassified to profit and loss-110500000-110500000Items that will be reclassified to profit and loss-227400000-22740000000-112900000-235100000