New Update
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Allcargo Logistics Limited has announced its financial results for the quarter ended March 31st 2025.
Key highlights:
- LCL volume for the financial year ended March’25 stood at 8.90 million CBM, depicting a growth of 1% over same period last year. FCL volume for the year stood at 648K TEUs, up 7% over same period last year. For Q4FY25 LCL volume reported a degrowth of 3% over Q4FY24 and FCL volume reported a growth of 2% over Q4FY24.
- Air volume for the financial year ended March’25 stood at 33.63 million kilos; this represents a growth of 30% as compared to same period last year. For Q4FY25 air volumes reported a growth of 51% as compared to Q4FY24.
- The international trade outlook remains volatile on the back of geopolitical uncertainties; however, recent advances and negotiations point towards potential recovery in the volumes.
- Contract Logistics business has reported a robust revenue growth of 48% over previous financial year. EBITDA for the same period reported a growth of 2%, primarily limited by white space which is expected to come down in coming quarters.
- Express Business (GESCPL): For financial 2024 – 2025 the business reported a revenue of Rs. 1,510 crores, a growth of 2% over last year. Gross profit for the same period grew by 5% while EBITDA grew by 34%. The Gross Profit margin for financial year stood at 25.4%, a growth of 80 basis points vs last year and EBITDA margin stood at 4.8%, a growth of 110 basis points over last year.