Analysts/Institutional Investor Meet/Con. Call Updates

JFLL/CS/SE/2026-2027/62 Date: November 02, 2026 Listing Department, Listing Operations Department, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra Kurla Complex, P.J. Towers, Dalal Street, Bandra East, Mumbai-400051. Mumbai – 400 001. NSE Trading Symbol: JETFREIGHT BSE Scrip Code: 543420 ISIN: INE982V01025 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, (“Listing Regulations”) – Transcript of Earnings Call for the Half year and Quarter Ended September 30, 2026. Dear Sir/ Madam, Further to our intimation dated October 22, 2026, w.r.t. Earnings Call with the Analysts/Investors on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026 and pursuant to Regulation 30 read with Part A of Schedule III of the Listing Regulations, please find enclosed the Transcript of the Q2 & H1 FY27 Earnings Call of Jet Freight Logistics Limited (‘the Company’) held on Thursday, 29th October, 2026, at 04:00 P.M. (IST). This intimation is also being hosted on the Company’s website at www.jfll.com. Kindly take it on your records. Yours faithfully, For Jet Freight Logistics Limited Anmol Ashvin Patni Company Secretary & Compliance Officer Date:- 29/10/2026 Time :- 4:00 PM (IST) Finportal: We'll wait for participants to join in. Richard Theknath: Yeah. Finportal: I think we can start. So, good day, everyone, and a very warm welcome to the first Earnings call of Jet Freight Logistics Limited. The objective of this call is to provide shareholders, analysts and stakeholders with insights into the company's business performance, key developments, and future direction. Please note that this call is being recorded, and some statements may be forward-looking based on the current assumption. These statements are subject to risk and uncertainties, and actual results may differ. The company does not commit to update forward-looking statements unless as required by law. We advise participants to consider these factors and refrain from relying solely on the forward-looking information. Representing Jet Freight Logistics Limited today, we have Mr. Richard Francis, Chairman and Managing Director, Mr. Deepak Kacha, CFO. I will now hand over the floor to the management team for their opening remarks. Following the address, we will open the floor for Q&A. Thank you, and over to you, Richard, sir. Richard Theknath: Thank you, thank you very much. Welcome shareholders, investors, analysts, and stakeholders to our company's first earning conference call. And I would like to introduce our company. A complete journey began in the year 1986, and it started with freight forwarding. Which was our main business model. And from there on, we moved into integrated logistics. And into various verticals, like air freight, sea freight. And within air freight, sea freight, we moved into, some commodities, like, agri-products and pharmaceuticals, e-commerce, courier, And also into, Some specialized products, like dangerous goods, etc. So over the years now, it's been 40 years for our company, this is our 40th year into existence, and we have currently able to do almost 95% of commodities by air, by sea, inbound, outbound, across the globe, anywhere in India. So, we are a full-stack devices company as of now. Company began in 1986, but then we became Private Limited in 2006, and then, as you can see, we got our… received our IATA certification in 1999, I joined the business in 1995. And we have received various milestones, as you can see on the presentation. We came on the SME board in 2016, and the main board in 2021 on… in BSC and NSC. And, as of now, currently. We have close to about 20,000 shareholders. Within air freight, we feature amongst the top 10 in India, and we are among the number one, in the top 3 in most airlines out of India, like Air India, Emirates, Qatar, Lufthansa, and most airlines we feature among the top 3. We give them business across India, across our 14 offices, 14 locations, and like, We have close to about 250 employees, in India more so, something more we would like to talk about. Our business specialization, as you can see. E-commerce and Courier is one of the products that is growing rapidly. The growth that you have seen in e-commerce and Courier in the last 10 years domestically, that same growth is happening internationally now. This is a phenomenal growth. And, we… we are doing… we were doing, and are doing a lot of wholesale courier currently, so we send a lot of courier to countries like the US, especially to New York, to London and to Australia, New Zealand, Frankfurt and these are, like, consolidation points from where it goes into that country in big volumes, including Canada also. We do a lot of lower volumes in Canada Date:- 29/10/2026 Time :- 4:00 PM (IST) and, Singapore, some parts of Africa. So e-commerce in Courier is going in big, big volumes now, and it's going to continue to go multi-multifold in time to come. So, that is one industry that's going very well, and we are doing a lot of wholesale courier. In fact, as of this month, we started something known as Retail Courier, when we are reaching out to small businesses and, also to end consumers to send their packages or they are parcels to loved ones abroad, or through their… to may be small e-com shops, you know, sending something small also. So, because we have the wholesale rates, I thought it was a very good transition, and for us to kind of move into this business, wherein we are… we can do the retail business also, for e-com and courier, and also because we have a widespread location across India, and we have the best rates already, so we thought it would be a good, easy, you know, vertical growth for us, and…I think, in time to come, that'll also be one, good revenue earner for us in time to come. Says that we're doing pharmaceuticals, we just recently are planning to start something in cold chain for, for, really small parcels, wherein we do the packaging for the customer, and we do the delivery, the pickup, all of it. But really small, and, temperature-controlled, Kind of courier. So, everything to do with e-com and courier, we're trying to see… we can time to see how we can find our specializations in that space. Like I mentioned earlier, we already have the wholesale rates, so it makes sense to kind of get into specialized products for retail. We also do, as you can see, industrial goods, engineering goods, these are all bulk, they go in bulk movements by air, by sea, and We do a lot of electronics also, you know, like mobile phones, laptops, many to the Gulf, the Middle East. These are our various verticals, courier, e-com, air freight, ocean Freight, rail transportation, surface transportation, custom clearance. The custom clearance, we have got two custom house agents licensed in the business already. And, surface transportation, we always outsource. We work on asset line model, so we don't own any assets, so we always outsource the surface transportation, be it in India or out of India, pick up or drop. Rail transportation also, we work with vendors, but…rail transportation is something that, you know, is getting more efficient as time goes by. Ocean Freight is something that we want to also grow in bulk. I mean, that… the market portion of it is very, very, very large, and the rates have also increased, and the margins also have increased, so that's some space that we want to grow in big volumes in the future. Yes, surely because of the market size. I mean, if you want to chase and grow the revenues, this Ocean Freight is, the business for us that we can easily do to kind of grow our company size. Air Freight requires a lot of specialization, which we already have, and that is how we have grown all these years. It's a niche, and this is a business and effort that we're organically growing. And within Air Freight, we find var [Showing first 8,000 characters — download PDF for full document]