Allcargo Logistics Limited, post approval of the organisation’s restructuring plan, housing its domestic supply chain business; Express distribution and Contract logistics, announced its consolidated financial results for the quarter ended December 31, 2025.
During the quarter, the Company completed the integration of its express and consultative logistics businesses, implementation of Oracle Fusion Accounting Software, enabling unified operations across customers, warehousing infrastructure, transport assets and technology platforms. Q3FY26 was a transition quarter focused on improving service quality, strengthening profitability and enhancing platform readiness for future growth.
Ketan Kulkarni, Managing Director and Chief Executive Officer of Allcargo Logistics Limited said, “Q3FY26 marks the successful completion of the integration of our express and contract logistics businesses, with Allcargo Logistics now operating as a unified domestic platform. This transition quarter was focused on strengthening quality, profitability and platform readiness. Our express business witnessed a strong volume recovery in December, leading to market share gains, while yield-enhancement initiatives drove a meaningful improvement in gross margins, providing a solid base for margin-led growth going forward. Contract logistics saw muted demand due to deferred expansion by certain e-commerce clients; however, underlying client relationships remain strong. On a cumulative basis, the domestic business continues to remain profitable. As we move ahead, our focus will be on technology-led execution, disciplined cost management and unlocking new growth levers, particularly in the Full Truck Load (FTL) and transport segments. With integration behind us, we expect EBITDA and PBT to grow faster than revenue in the coming quarters.”
Financial Performance:
- The company recorded a 7% YTD increase in revenue, EBITDA rose by 9%, and Profit Before Tax (PBT before Exceptional items) grew sharply by 50%.
- Express Distribution: Registered EBITDA growth of 19% year-on-year and 6% QoQ, driven by enhanced service quality, customer stickiness, and new client additions.
- Contract Logistics (CL): Delivered Revenue growth of 23% YTD & 5% year-on-year and EBITDA growth of 16% YTD and 2% year-on-year but demand growth remained muted during the quarter as certain clients deferred expansion plans
- Outlook: With the integration complete, Allcargo Logistics is well-positioned to drive steady revenue growth, with EBITDA and PBT expected to grow faster than the topline. The Company will focus on yield-led margin expansion, technology-led execution and new growth levers, particularly in the Full Truck Load (FTL) and transport segments.
