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AVG Logistics LimitedUpdates, 12-02-2025: Press Release

12-02-2025 | 09:00 pm

AVG Logistics Limited reported a robust performance for Q3 FY25, demonstrating a year-on-year revenue increase of 14.2% to ₹142.44 Cr and an EBITDA growth of 14.4%, reaching ₹26.46 Cr. The profit before tax (PBT) also rose by 12.3% to ₹7.93 Cr, with a PBT margin of 5.57%. For the nine months ended December 2024, the company achieved a significant 56.1% growth in PBT, amounting to ₹21.61 Cr.

A notable highlight includes securing a major contract with a leading cement manufacturer, expected to contribute approximately ₹90 Cr over three years beginning in Q3 FY25. This contract strengthens AVG's revenue visibility and growth trajectory. The company's strategic focus on operational efficiency and the Indian government's infrastructure initiatives present positive growth potential. Additionally, AVG is set to acquire a majority stake in Kaizen Logistics, enhancing its multimodal capabilities, with the acquisition anticipated to close in Q4 FY24/25. Investors should watch closely for these developments, as they could signal significant long-term benefits.

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