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Incorporated in 2010, AVG LogisticsLtd is in the business of transportationof goods, warehousing and other incidental activities, along with trading business
AVG Logistics' Q1 revenue hit ₹132.48 Cr, with PAT rising ~30% to ₹6.46 Cr. It raised ₹52.93 Cr via Rights Issue, secured a 100-vehicle Haldiram contract, and partnered with Baidyanath Group for LNG-powered logistics, strengthening operations and growth.
AVG Logistics reports Q1 results with revenue at Rs 132.48 Cr and profit at Rs 6.46 Cr. The board declared a final dividend of Re 1.2/share. Authorized capital increased to Rs 25 Cr, supporting future growth. An ESOP scheme for 9.5 lakh shares and a new Whole-Time Director were approved....
AVG Logistics' Q4 PAT surged 104.78% to ₹10.71 Cr, with EBITDA margin expanding 349 Bps. Strategic moves include entering rail-based liquid logistics, acquiring land in HP for capacity, and deploying CNG vehicles in a green partnership with Nestlé.
AVG Logistics delayed financial results submission as audit and review processes are ongoing for accuracy. A board meeting will be convened shortly to approve and release results once these critical steps are finalized.
AVG Logistics Limited has informed the Exchange about Closure of Rights issue Period