Monday, August 25, 2025

Allcargo Logistics Q1 results: ₹83 crore forex loss drags earnings despite steady revenue

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Allcargo Logistics Ltd on Tuesday reported a consolidated net loss of ₹99.9 crore for the June quarter, compared with a profit of ₹5.4 crore a year earlier, as the company was hit by a notional foreign exchange loss of ₹82.78 crore.Revenue from operations rose 1.44% to ₹3,816 crore from ₹3,762 crore a year ago.

Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at ₹103 crore, down 19% from the previous quarter.

The company said less-than-container load (LCL) volumes rose 3% sequentially to 2.14 million cubic metres but were down 5% year-on-year, while full-container load (FCL) volumes grew 6% over the last quarter and 8% compared to the same period last year. Air cargo volumes fell 14% from the previous quarter but were up 5% year-on-year.Contract logistics revenue grew 49% year-on-year, with EBITDA rising 29%, while the express business posted revenue of ₹357 crore, down 7% from the previous quarter, but EBITDA improved 18% sequentially to ₹14 crore.

The company said international trade was subdued in the quarter due to geopolitical uncertainties, but it expects a rebound from July 2025 on account of the upcoming festive season.

Allcargo Logistics, headquartered in Mumbai, is a leading integrated logistics company engaged in multi-modal transport operations, container freight stations, inland container depots, project logistics, contract logistics, and supply chain management services. The company has a global presence through its subsidiary ECU Worldwide, offering less-than-container load (LCL) and full-container load (FCL) services across multiple trade lanes.

Shares of Allcargo Logistics ended 0.3% higher at ₹35.68 on the BSE. The stock has fallen 29.5% so far this year.

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